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HomeMy WebLinkAbout2014 09-22 EDA Meeting PacketThe Maplewood City Council Serves as the Maplewood Area Economic Development Authority. This Meeting Will Be Held During the City Council Meeting AGENDA MAPLEWOOD AREA ECONOMIC DEVELOPMENT AUTHORITY Monday, September 22, 2014 City Hall, Council Chambers A. CALL TO ORDER B. ROLL CALL C. APPROVAL OF AGENDA D. APPROVAL OF MINUTES 1. Approval of May 12, 2014 Economic Development Authority Meeting Minutes E. PUBLIC HEARING None F. UNFINISHED BUSINESS None G. NEW BUSINESS 1. Preliminary Approval of Proposed Tax Levy Payable in 2015 and Setting Budget Public Hearing Date H. ADJOURNMENT THIS PAGE IS INTENTIONALLY LEFT BLANK D1 May 12, 2014 Maplewood Area Economic Development Authority Meeting Minutes 1 MINUTES MAPLEWOOD AREA ECONOMIC DEVELOPMENT AUTHORITY Ma y 12, 2014 Council Chambers, City Hall A. CALL TO ORDER A meeting of the City Council serving as the Economic Development Authority, (EDA), was held in the City Hall Council Chambers and was called to order at 6:32 p.m. by EDA Chair Koppen. B. ROLL CALL Marvin Koppen, Chair Present Marylee Abrams, Member Absent Robert Cardinal, Vice Chair Present Kathleen Juenemann, Member Present Nora Slawik, Member Present C. APPROVAL OF AGENDA Member Slawik moved to approve the agenda as submitted. Seconded by Member Juenemann Ayes – All The motion passed. D. APPROVAL OF MINUTES 1. Approval of March 24, 2014 Economic Development Authority Meeting Minutes Member Juenemann moved to approve the March 24, 2014 Economic Development Authority Meeting Minutes as submitted. Seconded by Member Slawik Ayes – All The motion passed. E. PUBLIC HEARING None F. UNFINISHED BUSINESS None G. NEW BUSINESS 1. Approval to Execute Contract for Real Estate Broker EDA Packet Page Number 1 of 5 D1 May 12, 2014 Maplewood Area Economic Development Authority Meeting Minutes 2 Assistant City Manager Coleman gave the staff report and answered questions of the council. Member Cardinal gave additional information. Member Juenemann moved to approve staff to execute a contract with Mike Brass to represent the City for a term of one year in the sale of excess city property. Seconded by Member Juenemann Ayes – All The motion passed. H. ADJOURMENT EDA Chair Koppen adjourned the meeting at 6:40 p.m. EDA Packet Page Number 2 of 5 G1 MEMORANDUM TO: Melinda Coleman, Interim City Manager FROM: Gayle Bauman, Finance Director DATE: September 9, 2014 SUBJECT: Preliminary Approval of Proposed Tax Levy Payable in 2015 and Setting Budget Public Hearing Date Introduction State law requires that cities certify their proposed property tax levies to the county auditor by September 30th. The proposed tax levy that is given preliminary approval cannot be increased. Therefore, it is important that the proposed tax levy provides adequate revenues to finance the 2015 Budget. The Proposed 2015 Budget for the Maplewood Area EDA requires a tax levy of $89,270 which is 0.5% of the 2013 total levy. This is the third year that a levy is being introduced to continue funding the Maplewood Area EDA Fund. The Authority needs to decide the maximum levy that it is willing to approve and then adopt the attached resolution. Background The 2015-2019 CIP talks about a Commercial Property Redevelopment Program to prevent neighborhoods from deteriorating. A tax levy is needed in order to fund this program and to allow for other economic development opportunities. A draft copy of the 2015 Operating Budget was included in the workshop packet on Sept. 8, 2014, and can be found online under the Finance Department City Budget page. A budget statement for the Maplewood Area EDA Fund is attached. Recommendation It is recommended that the Maplewood Area Economic Development Authority adopt the attached resolution setting the maximum tax levy for payable 2015 at $89,270 and setting the date for the Public Hearing on the 2015 Levy and Budget for Monday, December 8, 2014, in correlation with the Regular City Council Meeting. Attachments 1.2015 Budget for Maplewood Area EDA Fund 2.Resolution EDA Packet Page Number 3 of 5 G1, Attachment 1 EDA Packet Page Number 4 of 5 G1, Attachment 2 RESOLUTION PROVIDING PRELIMINARY APPROVAL OF A PROPOSED TAX LEVY PAYABLE IN 2015 and SETTING BUDGET PUBLIC HEARING DATE WHEREAS, State law requires that the Maplewood Area Economic Development Authority give preliminary approval of a proposed tax levy for 2014 payable in 2015 by September 30, 2014 and WHEREAS, the Maplewood Area Economic Development Authority has reviewed preliminary information on the Proposed 2015 Budget and has determined the amount of the proposed tax levy payable in 2015 which is the maximum amount that will be levied. NOW THEREFORE BE IT RESOLVED BY THE MAPLEWOOD AREA ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF MAPLEWOOD, MINNESOTA THAT: 1. The proposed tax levy for 2014 payable in 2015 in the amount of $89,270 is hereby given preliminary approval and shall be certified to the Ramsey County Auditor. 2. The date for consideration of the final levy and consideration of the 2015 Budget shall be set as Monday, December 8, 2014 at 7:00 pm in the Maplewood City Council Chambers. EDA Packet Page Number 5 of 5