ED022497
CITY OF NEW HOPE
4401 XYLON AVENUE NORTH
HENNEPIN COUNTY, MINNESOTA 55428
Approved EDA Minutes February 24, 1997
Meeting #2
CALL TO ORDERPresident Enck called the meeting of the Economic Development Authority
to order at 7:02 p.m.
ROLL CALLPresent: Enck, Collier, Norby, Otten
Absent: Cassen
Staff Present: Sondrall, Hanson, Donahue, Leone, McDonald
APPROVE MINUTESMotion was made by Commissioner Otten, seconded by Commissioner
Collier, to approve the EDA minutes of February 10, 1997. Voting in favor:
Enck, Collier, Otten; Abstained: Norby; Absent: Cassen. Motion carried.
REDEVELOPMENT President Enck introduced for discussion Item 4, Resolution Approving 1997
PLAN AMENDMENT Amendment to Master Modification to Redevelopment Plans and Tax
Item 4 Increment Financing Plans and Requesting the Approval of the City Council.
Mr. Dan Donahue, City Manager, illustrated the existing redevelopment plan
and explained that the amendment would expand it to include properties
located at 7100 and 7112 Bass Lake Road (known as Ponderosa and Taco
Bell properties). He stated this action establishes the area which would
allow potential future City involvement in the redevelopment of these
properties.
EDA Commissioner Otten introduced the following resolution and moved its
RESOLUTION 97-03 adoption: "
RESOLUTION APPROVING 1997 AMENDMENT TO MASTER
Item 4
MODIFICATION TO REDEVELOPMENT PLANS AND TAX INCREMENT
FINANCING PLANS AND REQUESTING THE APPROVAL OF THE CITY
The motion for adoption of the foregoing resolution was
COUNCIL”.
seconded by Commissioner Norby, and upon vote being taken thereon the
following voted in favor thereof: Enck, Collier, Norby, Otten; and the
following voted against the same: None; Abstained: None; Absent: Cassen;
whereupon the resolution was declared duly passed and adopted, signed by
the president which was attested to by the executive director.
ADJOURNMENT Motion was made by Commissioner Otten, seconded by Commissioner
Norby, to adjourn the meeting. All present voted in favor. The New Hope
EDA adjourned at 7:04 p.m.
Respectfully submitted,
Valerie Leone
City Clerk
New Hope EDA February 24, 1997
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