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<br />MINUTES <br />New Brighton Economic Development Commission <br />Regular Meeting – September 6, 2017 <br />7:30 a.m. <br /> <br />Members/Liaisons Present: Chair Paul Zisla, Commissioners Bob Benke, Emily Dunsworth, Rachel <br />Nelson, Kevin Peck, Mike Murlowski, Harry Carter and Graeme Allen <br /> <br />Members/Liaisons Absent: Commissioners Monica Garcia-Perez <br /> <br />Staff Present: Janice Gundlach-Assistant Director of Community Assets & Development/Planning <br />Director, Brenda Davitt-Finance Director, Gina Krahn-Assistant Finance Director and Councilmember <br />Gina Bauman <br /> <br />Also Present: Jason Aarsvold, Ehlers <br /> <br />Call to Order <br />Chairperson Zisla called the meeting to order at 7:30 a.m. <br /> <br />Approval of Agenda <br />Motion by Commissioner Benke, seconded by Commissioner Carter to approve the agenda as presented. <br /> <br />Approved 8-0 <br /> <br />Approval of Minutes <br />Motion by Commissioner Carter, seconded by Commissioner Murlowski to approve the minutes from <br />the August 2, 2017 meeting. <br /> <br />Approved 8-0 <br /> <br />Report from Council Liaison <br />Councilmember Bauman provided the EDC with an update from the City Council. She explained the <br />Council has been discussing the preliminary budget and tax levy. She reported the Council had agreed <br />to purchase the Korean Church property and the City Attorney was working on a purchase agreement. <br /> <br />Gundlach provided further information to the EDC on the purchase of the Korean Church and stated a <br />45 day due diligence period would occur in order for environmentals to be completed. She noted the <br />goal would be to close on the property prior to the end of the year. <br /> <br />Gundlach then provided the EDC with an update on the Comprehensive Plan noting staff had received a <br />great deal of feedback from the public during Stockyard Days. She encouraged the public to complete a <br />survey available on the City’s website. <br /> <br />Tax Increment Financing Management Plan Update <br />Gundlach reported in July of this year, the City’s public finance consultant Ehlers completed an update <br />to the City’s Tax Increment Financing (TIF) Management Plan. This document is a comprehensive <br />review of all the City’s TIF districts and their overall financial health. As has become customary over <br />the last few years, staff requested Ehlers to attend September’s meeting to walk Commissioners through <br />the Executive Summary of the plan and answer any questions the Commission may have. She noted the <br />City’s Finance Director was also in attendance. <br />