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Economic Development Commission Minutes <br /> October 18, 2011 <br /> Page 2 of 3 <br /> Patrick Smith stated that it is the EDC's goal to encourage development and to <br /> consider incentives that will attract development. He suggested a partial waiver of <br /> SAC/WAC fees. Council Member Ryan stated that he would be resistant to using <br /> water and sewer funds for economic development. <br /> Sheila Haverkamp stated that BLADC in conjunction with the Chamber, <br /> Brainerd, and Baxter hired an intern to do comparisons of city fees and charges <br /> with surrounding cities. She indicated that she would share the results when they <br /> are finalized. <br /> Chair Ed Larsen stated that he would like the EDC to look into a tiered system for <br /> WAC/SAC charges. Council Member Ryan indicated that it would be appropriate <br /> for the EDC to look at how water and wastewater costs impacts development. <br /> The EDC felt that is it necessary to develop a tiered WAC/SAC fee schedule. <br /> Once this is accomplished the use of WAC/SAC could possibly be used as an <br /> incentive tool. It was the consensus of the EDC to proceed with establishing a <br /> WAC/SAC policy and to look at ERU's. <br /> 4. Lime Greenery <br /> Discussion was held regarding whether or not to continue the tax increment for <br /> TIF District 1-9. It was noted that the District is currently in default. The EDC <br /> discussed the merits of reassigning the TIF District. The EDC felt that it would be <br /> appropriate to reassign the district to a new retail based buyer or a buyer that <br /> produces a minimum of three jobs. <br /> PATRICK SMITH MOVED TO RECOMMEND THAT THE COUNCIL <br /> TAKE NO ACTION AT THIS TIME ON TIF 1-9 UNTIL SUCH TIME <br /> THAT A RETAIL PROJECT OR A COMPANY WHICH WOULD <br /> CREATE AT LEAST 3 JOBS WOULD PURCHASE THE PROPERTY <br /> AND AT WHICH TIME THE COUNCIL SHOULD CONSIDER <br /> REASSIGNING THE TAX INCREMENT TO THE NEW OWNER. CINDY <br /> REICK SECONDED THE MOTION. MOTION CARRIED 4-0. <br /> MARK JURCHEN RECUSED HIMSELF DUE TO HIS ASSOCIATION <br /> WITH LAKES STATE BANK. <br /> 5. Other Business <br /> Ruth Ann Hanson, Chamber, stated that the official bobber tower lighting <br /> ceremony is scheduled for November 10`h at 5:45 p.m. <br /> 6. Next EDC Meeting <br />