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City of <br /> <br />River <br /> <br />TO: <br /> <br />FROM: <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br />M£MORANDHM <br /> <br />Mayor & City Council <br /> <br />Pat Klaers, City Administrator <br /> <br />January 22, 2001 <br /> <br />Call Special Meeting for February 5, 2001 <br /> <br />Item #6.2. <br /> <br />Director of Economic Development Cathy Mehelich has requested a special <br />meeting of the City Council on Monday, February 5, 2001, at 6:00 p.m., to <br />hold a worksession on economic development finance tools. Hopefully all or <br />most of the EDA and HRA can also be available for this worksession. Sid <br />Inman, from Ehlers and Associates, will lead this worksession on basic <br />financing tools and hopefully can also provide an update on recent and <br />possible future legislative changes. The main topics include tax increment <br />financing, tax abatement, and business subsidies. <br /> <br />Recommendation <br /> <br />It is recommended the council call a worksession on economic development <br />finance tools for Monday, February 5, 2001, at 6:00 p.m., at City Hall. <br /> <br />13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · TDD & Phone (763) 441-7420 · Fax (763) 441-7425 <br /> <br /> <br />