EDA

10801 Town Square Dr. City of Blaine Blaine MN 55449 Anoka County, Minnesota Minutes EDA The purpose of the Blaine Economic Development Authority is to increase the City’s commercial/industrial tax base, provide employment opportunities, undertake redevelopment to enhance and maintain neighborhood economic stability, and address special needs, such as senior housing. As authorized under Minnesota State statutes, the Blaine City Council also serves as the Blaine Economic Development Authority. Thursday, May 16, 2013 7:15 PM Council Chambers 1 Call to Order/Roll Call 1. EDA MINUTES - JANUARY 3, 2013 Attachments: Jan 03 2013 EDA Minutes.doc Moved by Comissioner Swanson, seconded by Comissioner Hovland, that the Minutes be Adopted. The Motion was adopted unanimously. 2. APPROVING TIF ASSISTANCE TO CSM CORPORATION FOR THE EXPANSION OF AVEDA IN THE AMOUNT NOT TO EXCEED $125,000 Attachments: EDA Aveda TIF - Location Map.pdf EDA Aveda TIF - Development Agreement.DOC Moved by Commissioner Swanson, seconded by Commissioner Clark, that Resolution No. 13-03, “Approving TIF Assistance to CSM Corporation for the Expansion of Aveda in the Amount Not to Exceed $125,000,” be approved. City of Blaine Page 1 EDA Minutes May 16, 2013 3. AMENDING THE EDA BUDGET $123,000 TO FUND BLAINE PROMOTIONAL ACTIVITIES AT THE 2013 3M CHAMPIONSHIP GOLF EVENT Moved by Comissioner Bourke, seconded by Comissioner Kolb, that this EDA Resolution be Adopted. The Motion was adopted unanimously. 2 Other Buisness 3 Adjournment Moved by Comissioner Kolb, seconded by Comissioner Bourke, that this be Adjourned. The Motion was adopted unanimously. The meeting adjourned at 7:25 p.m. City of Blaine Page 2