03-14-2011 EDA MINMEETING OF THE ELK RIVER
• ECONOMIC DEVELOPMENT AUTHORITY
HELD AT THE ELK RIVER CITY HALL
MONDAY, MARCH 14, 201 I
Members Present: President Touchette, Commissioners Dwyer, Motin, Tveite, Westgaard
(5:31), and Zerwas
Members Absent: Commissioner Gumphrey
Staff Present: Director of Economic Development Catherine Mehelich, Marketing and
Business Development Administrator Annie Deckert, and Executive
Secretary/Deputy City Clerk Jessica Miller
Call Meeting To Order
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 TVEITE AND SECONDED BY
COMMISSIONER ZERWAS TO APPROVE THE MARCH 14, 2011 EDA
AGENDA. MOTION CARRIED 5-0.
• Commissioner Westgaard arrived.
3. Consider Consent Agenda
MOVED BY COMMISSIONER MOTIN AND SECONDED BY
COMMISSIONER ZERWAS TO APPROVE THE CONSENT AGENDA AS
FOLLOWS:
3.1. JANUARY 10, 2011 REGULAR MEETING MINUTES
3.2. CHECK REGISTERS AS OUTLINED IN STAFF REPORT
3.3. BALANCE SHEET AS OUTLINED IN STAFF REPORT
3.4. REVENUE/EXPENDITURE REPORT AS OUTLINED IN STAFF
REPORT
3.5. ADOPT REGULAR EDA MEETING SCHEDULE FOR YEAR 2011
MOTION CARRIED 6-0.
4. Open Mike
No one was present.
5. Consider Approval of Branding Consultant - ChandlerThinks
• Ms. Deckert presented the staff report.
Economic Development Authority IVlinutes
March 14, 2011
Page 2
Branding Subcommittee members Wendy Simensen and Chief Rolfe spoke in support of •
ChandlerThinks. President Touchette read an email from subcommittee member Chris
Carlson also supporting ChandlerThinks.
MOVED BY COMMISSIONER ZERWAS AND SECONDED BY
COMMISSIONER DWYER TO AUTHORIZE STAFF TO ENTER INTO A
CONTRACT WITH CHANDLERTHINKS FOR ACITY-WIDE BRANDING
AND MARKETING STRATEGY AT A COST NOT TO EXCEED $37,250.
MOTION CARRIED 6-0.
6. Review Draft Amendments to Micro Loan Program
Ms. Mehelich presented her staff report.
Commissioner Motin indicated that he prefers the term downtown rehabilitation over
downtown revitalization.
Discussion took place on the proposed $10,000 loan limit. Commissioners were open to
increasing that limit and directed staff to refer this item back to the EDA Finance
Committee to prepare a recommendation. Ms. Mehelich indicated that one of the issues is
difficulty in collateralizing tenant improvements.
Other Business
Ms. Mehelich stated that included in the packets are copies of information staff has collected •
over the past few months that will provide the EDA with insight into current development
trends, tools, and developer expectations.
8. Staff Updates
Ms. Deckert stated that the Chamber's Business Expo is March 27 and encouraged the EDA
to come by and visit the economic development booth.
Ms. Deckert indicated the third community foreclosure prevention workshop is scheduled
for March 19 at the YMCA.
Adjournment
There being no other business, President Touchette adjourned the meeting of the Elk River
Economic Development Authority at 6:05 p.m.
Minutes prepared y Jes, ica Miller.
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Tina Allard, City Clerk
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Economic Development authority Minutes
March 14, 2011
• R n Touchette, President
Page 3
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