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06-10-2002 EDA MINMEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, JUNE 10, 2002 Members Present: President Gongoll, Commissioners Koenig, Dwyer, Klinzing (6:05 p.m.), Kuestex, Tveite and Motin Members Absent: None Staff Present: Director of Economic Development Catherine Mehelich, Economic Development Assistant Heidi Hall, City Administrator Pat Klaers, and Ciry Clerk Sandra Peine Call Meeting To Order Pursuant to due call and notice thereof, the meeting of the Economic Development tluthoriry was called to order at 6:00 p.m. by President Gongoll. 2. Consider 6/10/02 Agenda COMMISSIONER TVEITE MOVED TO APPROVE THE JUNE 10, 2002, EDA AGENDA. COMMISSIONER KOENIG SECONDED THE MOTION. THE MOTION CARRIED 6-0. 3. Consider Consent Agenda MOVED TO APPROVE THE CONSENT AGENDA AS FOLLOWS: 3.1. MAY 13, 2002, EDA MINUTES 3.2. CHECK REGISTER 3.3. REVENUE/EXPENDITURE REPORT 3.4. BALANCE SHEET COMMISSIONER KOENIG SECONDED THE MOTION. THE MOTION CARRIED 6-0. 4. Open Mike A letter to City Administrator Pat Klaexs from Gary Santwire regarding the Property Tas Abatement for the proposed Elk Path Professional Office Building was distributed and entered into the record. 5. Strategic Industrial Marketing Activities Update Economic Development Assistant Heidi Hall updated the EDA on the Strategic Industrial Marketing Plan. She noted that staff has been working with Ms. Duckor to update the plan. She indicated that the update is proposed to be presented to the EDA on August 12. Economic Development Authority Minutes June 10, 2002 Page 2 Ms. Hall indicated that staff would be attempting to reassemble the mazketing committee. She indicated that there is the potential need fox new members. Commissioner Tveite suggested going to the constituencies that axe currently represented on the marketing committee to ask for recommendations. Heidi Hall noted that the City's 2001 Strategic Industrial Ad Campaign was nominated and awarded the Economic Development Association of Minnesota's Best Advertising Campaign award. She also noted that the City's Communication Strategy and Brand Plan was nominated fox the League of Minnesota Cities' Communications award. 6. Consider Participation in 'VIlnnesota Communirv C2pical Fund (NICCF,l Director of Economic Development Catherine Nlehelich indicated that staff has received a request for the city's participation in the Nnnesota Community Capital Fund (MCCF). Catherine noted that membership in the MCCF provides the economic development organization fle:dbility to ftmd large housing and economic development projects that would otherwise not be possible through typical micro-loan funds. Scott Maxdn, CEO/Fund Developer was present and gave an overview of the MCCF. The members of the EDA indicated its interest in this type of program. President Gongoll requested that the staff further review this program and follow up with a recommendation to the EDA. Other Business There was no other business. 8. Adjournment There being no other business, COMMISSIONER TVEITE MOVED TO ADJOURN THE MEETING. COMMISSIONER MOTIN SECONDED THE MOTION. THE MOTION CARRIED 7-0. The meeting of the Elk River Economic Development Authority adjourned at 7:00 p.m. Sandra Peine City Clerk