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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 />OOE '5: DISa]~~TON RF.GARJ)T~ .S'mR CITY. PRmRAM <br /> <br />As you may know, Anoka just achieved .Star Ci ty. status <br />from the Minnesota DeparbDent of Energy and Economic <br />Development and Champlin is pursuing .Star City. <br />s~tus. The Star City program is an economic <br />development strategy for Minnesota cities which <br />involves fUlfilling cer~in requirements specified bf <br />the Deplrbnent of Energy and Eoonanic Developnent. <br /> <br />For your information, Enclosure (D2-b) contains an <br />informational brochure on the Star Ci ties progrClll. <br />brochure <br /> <br />Commission Action: The Commission may wish to <br />discuss whether it is interested in participating in <br />the Star City progrcn and pursuing Star City status. <br /> <br />OOE '6: DTsm~SIOO RFx.:ARDI~ RIQIFRT FRCJ4 CYn.1 RAPIM DEVF.Tllp-: <br />MENT cn.tw-.NY <br /> <br />~e Coon Rapids Developnent Company has proposed that <br />it would process applications for the SBA 503 Loan <br />Progran for other cxmnuni ties in Anoka County. <br /> <br />For your information and review, Enclosure (D2-c) <br />oontains the following i tElllS: <br /> <br />a. Letter dated January 17, 1986 fran the Coon <br />Rapids Developnent Caopmy with explanation <br />of prop:>sal <br />b. Letter dated January 23, 1986 fran the Coon <br />Rapids Developnent Caopmy with a written <br />prop:>sal for expanding their service territory <br /> <br />CommissiQn Action: Your action will be to determine <br />whether to endorse the QIDC'S prop:>sal as subli tted. <br /> <br />OOE '7: DT~al~SION RF.r.:ftRDT~ PROPO;m AIRPORT DF.VF.TllPMFN'l' <br /> <br />As you recall, the Airp:>rt Commission requested the EDC <br />to consider the use of tax increment financing as an <br />option for the Ci ty' s portion on the proposed ai rport <br />expansion and improvement. Due to changes in federal <br />legiSlation, it is possible that tax increment <br />financing will no longer be available as a financing <br />option. If so, both the Airport and Economic <br />Development Commissions may wish to consider other <br />options the City would have for financing the City's <br />share in the prop:>sed expansion and improvement of the <br />airp:>rt. ~e Chairman of the Airport Commission, Jack <br />Ippel, will be at the EDC meeting to answer any <br />questions you may have on status of the Airport Plan to <br />date. <br /> <br />3 <br />