Edina City Council — Transcript
Monday, March 17, 2025Analysis complete
3 Topics in This Document
Tax Increment Financing (TIF) District Establishment
Mixed-Use Redevelopment Project Approval
Site Remediation and Public Benefit Requirements
▸Full Extraction
Approved (specific vote count not provided in transcript)
“what we be using those Tiff dollars for is to reimburse the developer for a lot of those costs that are really unique to the site that create public benefit and make the project possible”
— Unknown [Timestamp]Establishment of 72nd and France TIF District and Approval of TIF Redevelopment Agreements
“it's an 8 Acre Site that used to be gravel and sand pit so there's really no portion of this building other than what's behind us today that's even buildable so there's a lot of site preparation that has to happen that's millions of dollars”
— Unknown [Timestamp]Establishment of 72nd and France TIF District and Approval of TIF Redevelopment Agreements
“the final project has a lot of the public space on the exterior as well as public parking on the interior affordable housing units all those things that deliver public benefit cost a lot of money and that's where the Tiff will be spent”
— Unknown [Timestamp]Establishment of 72nd and France TIF District and Approval of TIF Redevelopment Agreements