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02/12/86
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02/12/86
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6/13/2025 11:45:39 AM
Creation date
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Meetings
Meeting Document Type
Agenda
Document Title
Economic Development Commission
Document Date
02/12/1986
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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />February 4, 1986 <br />'10: Ramsey Econanic Developnent Qmnission <br />FRC>>1: City Staff <br />RE: Callnission Business <br /> <br />ENCL : <br /> <br />(02-a) <br />(02-b) <br />(02-c) <br />(02-d) <br />(02-e) <br />(02-f) <br />(D2-g) <br /> <br />Information regarding awlicants for vacant <br />Commission position <br />Information regarding .Star Ci ty. progrClll <br />Information regarding request fran Coon Rapids <br />Developnent Canpany <br />Information regarding ad in Minneapolis Tribtme <br />January 1986 edi tion of NaiQ~ <br />January 1986 edi tion of RnnAi nq and CnnInnni ~ <br />~y~lQnment BrfpfA <br />Infoouation [e<]ara1ng January 30, 1986 article <br /> <br />CASE '1: StJBCD01J'J'II'F.F. RF.mR~ <br /> <br />The Chairpersons of the following subcommittees will <br />report on subcommittee activities: <br /> <br />a. Legislative Suboonmittee - Site Plan and Design <br />Review Process <br /> <br />b. Economic and Finance Subca1mi ttee <br /> <br />c. Publici ty Subocmni ttee - Use of Cable TV for <br />Eoonanic Developnent, Developnent of Suboomni ttee <br />to Assist Prospective Businesses <br /> <br />CASE '2: n~TF. (W RJn'lF..C;T 'to F.X~ RlBT.TC lMPRCJVF.MF.N'lS 'to <br />yguSTRIAL ARFA <br /> <br />Due to recent federal manges in legislation regulating <br />the use and issuance of tax increment bonds, the <br />Suboonnittee's work on extending public improvements to <br />the City's industrial area has been tempor'arily <br />stoR;led. The Ci ty' s bond counsel and financial <br />planners are working on interpretation of the <br />legislation to determine the impact of the legislation <br />on the proIX>sed project and what other options the Ci ty <br />may have if tax increment is no longer an option. '!be <br />Subcommittee will be meeting with City staff, the <br />City's financial planners and bond counsel to determine <br />alternative financing structures for the construction <br />of sanitary sewer, municipal water, and storm sewer in <br />the Ci ty' s industrial area. <br /> <br /> <br />!J,2. <br />
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