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EDA Agenda Memo <br /> February 4, 1998 <br /> Page 4 <br /> • to the Incubator Advisory Board prior to finalizing a lease <br /> arrangement. <br /> 7. Associated Builders Presentation of Formal Tax Increment <br /> Application for Hohlen Property <br /> Pat Pelstring, of Pelstring Capital Corporation, will be present at this <br /> EDA meeting to present the formal Tax Increment Application <br /> regarding the Hohlen project. Dave MacGillivray of Springsted will <br /> also be present to aid the EDA in its discussion of the TIF Application. <br /> Staff and Springsted will have a variety of research and analysis to <br /> complete regarding the formal TIF Application. Staff proposes that <br /> this be completed over the next two-three week period and that a <br /> worksession be scheduled following that to discuss specifically the Tax <br /> Increment District and industrial component issues. <br /> There is no recommended actions on this issue at this time other than <br /> to discuss the details of the Application with Associated Builders and <br /> to plan a worksession on an appropriate date. <br /> • <br /> 1111 <br />