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10-11-2010 EDA MINMEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, OCTOBER 11, 2010 Members Present: President Touchette, Commissioners Dw}'ex, Klinzing, Motin, ~w'estgaazd, and Zexwas Members Absent Commissioner Tveite Staff Present: Director of Economic Development Catherine Mehelich, Economic Development Assistant Annie Deckext, Finance Director Tim Simon, and Executive Secretax-~~/Deputy Ciry Clerk Jessica D4illes 1. Call Meeting To Oxdex Pursuant to due call and notice thereof, the meeting of the Economic Development Authority- was called to order at 5:30 p.m. by President Touchette. 2. Consider Agenda MOVED BY COMMISSIONER KLINZING AND SECONDED BY COMMISSIONER WESTGAARD TO APPROVE THE OCTOBER 11, 2010 EDA AGENDA. MOTION CARRIED 6-0. 3. Consider Consent Agenda MOVED BY COMMISSIONER MOTIN AND SECONDED BY COMMISSIONER ZERWAS TO APPROVE THE CONSENT AGENDA AS FOLLOWS: 3.1. AUGUST 9, 2010 REGULAR MEETING MINUTES AS AMENDED 3.2. CHECK REGISTERS 3.3. BALANCE SHEET 3.4. REVENUE/EXPENDITURE REPORT MOTION CARRIED 6-0. 4. Open Mike No one was present. ~. Consider Resolution Authorizine Transfer from the EDA DTED Fund to the Micro Loan Fund bls. Mehelich presented hex staff report. MOVED BY COMMISSIONER ZERWAS AND SECONDED BY COMMISSIONER KLINZING TO ADOPT RESOLUTION 10-OS AUTHORIZING THE TRANSFER OF $214,493.16 FROM THE EDA DIED FUND TO THE MICRO LOAN FUND. MOTION CARRIED 6-0. Econonuc Development Authority Minutes Page 2 Oaobex 11, 2010 6. Focused Area Study Implementation Update Ms. Mehelich presented the staff report. She stated that there may be a special joint EDA/CouncIl discussion on future implementation steps. President Touchette questioned if staff has received any further comments from affected landowners. Ms. Mehelich stated that staff has not. Marketing Updates Ms. Deckers xeciewed her staff report. 8. Other Business Ms. Mehelich distributed hex executive director's report President Touchette stated that it was nice to see Project Conserve on the front page of the Star News. He also stated that the City CouncIl will be discussing the visioning and goals and he would like to see the EDA begin discussions on how to make the city's brand known. ~oumment There being no other business, President Touchette adjourned die meeting of the Elk River Economic Development Authority at 5:52 p.m. Minutes prepared by Jessica Miller. v~ Tina Allard, Ciry Cl~erk/~ ~~i/~ V Ron Touchette, President