Community Development Committee Agenda

Standing Committee of the City Council, Minneapolis, Minnesota

Regular Meeting

July 21, 2009

1:30 p.m. - Room 317 City Hall

NOTE: All cellular telephones, pagers and BlackBerry devices to be switched to a non-audible function during Council and Committee meetings.

Committee Members Present: Council Members Goodman, Benson,
Samuels, Remington, Gordon, Lilligren (quorum 4)

Council Committee Coordinator: Irene Kasper (612) 673-2219

Public Hearing 1:30 p.m.

1. Consolidated Redevelopment Tax Increment Financing District Tax Increment Financing (TIF) Plan for the:

a) Consider approval of a resolution approving the Consolidated Redevelopment Tax Increment Financing District & Plan. Tax increment revenue from the district will be used to help pay Target Center debt and to fund neighborhood revitalization activities; b) Approve the Basic Tax Increment Allocation Methodology; c) Authorize the Finance Officer to enter into a Memorandum of Understanding between the City & Hennepin County; d) Approve amendment to 2009 General Appropriation Resolution by establishing the Community Planning & Economic Development agency Fund 01CON and appropriating $10,000 to the fund ( Also in W&M/Budget

Action Taken: Forwarded without recommendation.

Consent Items

2. Grain Belt Office Building (1215 Marshall St NE):

Approve resolution authorizing submittal of an application to the MN Department of Employment & Economic Development (DEED) Redevelopment Grant Program ( Also in W&M/Budget

Action Taken: Approved.

3. Family Housing Fund:

Confirm Mayoral appointment of Bill Ziegler, for a term expiring 3/2012 (replacing Gloria Perez Jordan).

Action Taken: Approved.

Notice: A portion of this meeting may be closed to the public pursuant to Minnesota Statutes Section 13D.03 or 13D.05.

Next Regular CD Meeting: 8/4/2009

Next City Council Meeting: 7/31/2009

Attention: If you want help translating this information, call - Hmong - Ceeb toom. Yog koj xav tau kev pab txhais cov xov no rau koj dawb, hu (612) 673-2800; Spanish - Atención. Si desea recibir asistencia gratuita para traducir esta información, llama (612) 673-2700; Somali - Ogow. Haddii aad dooneyso in lagaa kaalmeeyo tarjamadda macluumaadkani oo lacag la’ aan wac (612) 673-3500

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Last updated Oct 18, 2011