HomeMy WebLinkAbout2013-01-08 Council Work Session MINUTES
OF THE WORK SESSION OF THE
EDINA CITY COUNCIL
HELD AT CITY HALL
JANUARY 8,2013
5:07 P.M.
Mayor Hovland called the meeting to order at 5:07 p.m. in the Council Chambers of City Hall. Answering
rollcall were Members Bennett, Brindle, Swenson and Mayor Hovland. Member Sprague entered the
meeting at 5:11 p.m.
Edina City Staff attending the meeting: Wayne Houle, City Engineer; Ari Klugman, City Manager Intern;
Karen Kurt, Assistant City Manager; Debra Mangen, City Clerk; Scott Neal, City Manager; Bill Neuendorf,
Economic Development Manager; Cary Teague, Community Development Director and John Wallin, Finance
Director.
Mayor Hovland explained the purpose of the meeting was to review planning for the Housing and
Redevelopment Authority.
Economic Development Manager Neuendorf stated topics to be covered during the work session included:
1: Investing Tax Increment Financing (TIF) assets-where, when and how to prioritize investments; 2) Public
parking at 50th & France—costs borne by the City and costs borne by property owners and tenants; 3)Tools
to stimulate actions—Grandview District, Pentagon Park area, other areas; 4) Funding public infrastructure
—Hazelton Road conversion
The Council discussed with staff how projects to be funded with existing TIF proceeds could be selected. It
was noted that many projects would be competing for funding including: the Greater Southdale Area
Transportation Study, France Avenue sidewalks, France and Hwy 62 intersection, Hwy 62 pedestrian bridge,
old Public Works building demolition, Hazelton Road roadway conversion, and 50th & France Parking
Improvements. Members indicated preference for the use of funds for public infrastructure improvements
that should stimulate private investment or support and attract successful industry clusters. The challenges
and benefits of the possible areas for investment such as the Grandview District or Pentagon Park were
discussed.
Also discussed were the ways that TIF assets could be used to aid funding public infrastructure possibly
using a form of pay-go TIF assistance for extra-ordinary redevelopment costs.This would transfer risk to the
developer. Members expressed the desire for public infrastructure to be a high priority for requested TIF
investment. It was also noted that it would be desirable to have public control of any project that was
commensurate with the public benefit.
Mayor Hovland declared the meeting adjourned at 6:45 p.m.
Respectfully submitted,
Debr XHovland, ty CI
Minutes approved by Edina City Council,January 22, 2013.
James° ayor
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