HomeMy WebLinkAbout06-27-89 ~ .
CITY OF LAKEVILLE
• ECONOMIC DEVELOPMENT COMMISSION MINUTES
JUNE 27, 1989
The meeting was called to order by Chairman Berg at 7:00 p.m. in
the City Hall conference room.
Members presenC: Berg, Emond, Matasosky, Meledandri. Members
absent: Erickson, Leslie.
Also present was Robert Erickson, City Administrator, Jim
Robinette, Community Development Director, Daryl Morey, Assistant
Community Development Director and Sara Call, Downtown Business
Association representative.
89.12 Motion was made by Emond, seconded by Matasosky to approve the
minutes of the May 23, 1989 Economic Development Commission
meeting.
Roll call was taken on the motion. Ayes: Unanimous.
Sara Call, representing the Downtown Business Association,
stated Chat there are five existing CBD directional signs, one
that is damaged. The Downtown Business Association would like to
add seven more signs and is seeking the Economic Development
• Commission's assistance in purchasing the signs.
Jim Robinette stated that the signs cost approximately $100 each.
Jim Emond raised the possibility of Southfork shopping center
asking for directional signage.
Bob Erickson stated thaC the new sign to be added near Southfork
should read "Downtown" instead of "Business District."
Ben Meledandri suggested the signage read "Downtown Lakeville".
Randy Berg stated that the City has to do whatever it can to
encourage business, whether it be downtown Lakeville, Airlake,
Southfork, etc.
Bob Erickson stated that the downtown directional signage issue
goes beyond the Downtown Business Association.
89.13 Motion by Emond, seconded by Meledandri to approve the installa-
tion of up to 12 downtown Lakeville directional signs at a cost
not to exceed $1000.
Roll call was Caken on the motion. Ayes: Unanimous.
89.14 Motion by Emond, seconded by Meledandri to acknowledge the
• resignation of Bill Macklin.
Roll call was taken on the motion. Ayes: Unanimous.
%~r
A discussion was held regarding the revised proposed Lakeville
Tax Increment Financing Policy.
The changes in wording from the previous TIF policy were high-
lighted as well as additional modifications that were recently
recommended by our tax consultants and City staff.
Jim Emond commended staff for their work on the TIF policy. He
felt it is presented in a manner that is easy to read and
comprehend.
The proposed TIF Policy was carefully reviewed point by point by
Commission members.
89.15 Motion was made by Meledandri, seconded by Emond to recommend to
the City Council approval of the Tax Increment Financing Policy
as amended.
Roll call was taken on the motion. Ayes: Unanimous.
Ben Meledandri questioned the roll of the Economic Development
Commission with regard to tax increment financing.
Bob Erickson stated that the Economic Development Commission
works in concert with the Cax and bond counsels in making
• recommendations to the City Council.
Bob Erickson explained Che informational material that was
included in the Commission members' packets. He stated that he
would like to see representatives of the public utility companies
Chat provide service in the City speak at upcoming Economic
Development Commission meetings regarding their service areas,
rates and economic developmenC partnerships.
Commission members directed staff to invite representatives of
the utility companies to the July and August meetings.
89.16 Motion by Emond, seconded by Matasosky to adjourn the meeting.
Roll call was Caken on the motion. Ayes: Unanimous.
Time: 8:45 p.m.
Re ectfully s witted:
Daryl D. orey
Assistan Community Develop nC Director
•
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