HomeMy WebLinkAbout7B EDA Report
4646 Dakota Street SE
Prior Lake, MN 55372
ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT
MEETING DATE: April 17, 2017
AGENDA #: 7B
PREPARED BY: Casey McCabe, Community Development Specialist
AGENDA ITEM: JOINT EDA / CITY COUNCIL MEETING
DISCUSSION: Introduction
The purpose of this item is to discuss potential agenda topics for a joint meeting
between the EDA and City Council.
History
During the January 25, 2017 EDA meeting, commissioners recommended the
EDA schedule a joint meeting with the City Council to discuss the city’s philosophy
related to the use of Tax Increment Financing and other development incentives.
Current Circumstances
A joint work session has been scheduled between the City Council and EDA on
Monday, May 22, 2017 from 5:00 to 6:45 p.m.
Issues
Commissioners should discuss potential topics and propose an agenda for the
joint meeting. Potential topics may include:
1. The city council has the final financial say on economic development and re-
development issues so the EDA should be supporting what the city council
wishes to accomplish. What is that?
2. Exactly what kind of development do we wish to encourage and discourage?
3. Which incentives are supported and for what purposes?
4. What is the future of Technology Village and the EDA’s role associated there-
with?
5. What role should the EDA play in the County Road 21/TH13 Intersection Pro-
cess, Comprehensive Plan Update Process, and in retaining the skills of the
First Stop Shop here at city hall?
6. What properties does the city own and for what purpose?
7. Other Issues.
FINANCIAL
IMPACT:
Depending upon the outcome of the joint meeting.
ALTERNATIVES: 1. Motion and second to propose a draft agenda for the joint City Council/EDA
Meeting as proposed.
2. Motion and second to propose an agenda for the joint City council/EDA Meet-
ing with amendments. Provide direction to staff related to agenda topics for
the joint City Council / EDA work session.
RECOMMENDED
MOTION:
As determined by the EDA.