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10-14-2002 EDA MINMEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, OCTOBER 14, 2002 Members Present: President Gongoll, Commissioners Koenig, Klinzing (6:05 p.m.), Kuester, Tveite (6:05 p.m.), and Motin Members Absent: Commissioner Dwver Staff Present: Economic Development Assistant Heidi Hall, Ciry Administrator Pat Klaexs, and City Clerk Sandra Peine 1. Call Meetine To Order Pursuant to due call and notice thereof, the meeting of the Economic Development Authority was called to order at 6:00 p.m. by President Gongoll. 2. Consider 10/14/02 EDA Agenda COMMISSIONER MOTIN MOVED TO APPROVE THE OCTOBER 14, 2002, EDA AGENDA. COMMISSIONER KOENIG SECONDED THE MOTION. THE MOTION CARRIED 4-0. 3. Consider Consent Agenda Commissioners Klinzing and Tveite arrived. COMMISSIONER MOTIN MOVED TO APPROVE THE OCTOBER 14, 2002 CONSENT AGENDA AS FOLLOWS: 3.1. AUGUST 19, 2002 EDA MINUTES 3.2. SEPTEMBER 9, 2002 EDA MINUTES 3.3. CHECK REGISTER 3.4. REVENUE/EXPENDITURE REPORT 3.5. BALANCE SHEET COMMISSIONER KOENIG SECONDED THE MOTION. THE MOTION CARRIED 6-0. 4. Open 1~Iike No one appeared for open mike. Economic Development Authority Minutes October 14, 2002 5. Business Incubator Update Page 2 Heidi Hall reported that the Incubator Advisory Committee met on September 1 ~ ch ro discuss future lease options for the Incubator Program. She indicated that the Committee recommended that the EDA renew the lease with building owner, Larry Hickman fox at least one year. 5.1. Report from Harlan Jacobs Genesis Business Centers Heidi Hall introduced Harlan Jacobs from Genesis Business Centers. ~Ix. Jacobs gave an update on four current Incubator prospects, rwo current tenants, and two successful Incubator graduates. COMMISSIONER KLINZING MOVED TO AUTHORIZE THE NEGOTIATION OF A LEASE RENEWAL OF THE BUSINESS INCUBATOR WITH BUILDING OWNER LARRY HICKMAN. COMMISSIONER KOENIG SECONDED THE MOTION. THE MOTION CARRIED G-0. 6. Consider Second Draft of Business Subsidies PoGcv Heidi Hall presented the second draft of the Business Subsidies Policy. She noted that the policy was reviewed by the EDA, HRA, City Council, and EDA Finance Committee and includes all recommended revisions. 6.1. Call Public Hearing for Tuesday November 12 2002 at 600 p m COMMISSIONER TVEITE MOVED TO CALL A PUBLIC HEARING FOR TUESDAY, NOVEMBER 12, 2002, AT 6:00 P.M. REGARDING THE PROPOSED CITY OF ELK RIVER BUSINESS SUBSIDIES POLICY. COMMISSIONER KUESTER SECONDED THE MOTION. THE MOTION CARRIED G-0. Strategic Industrial marketing Activities Update Economic Development Assistant Heidi Hall reviewed her memo that updated the EDA on strategic industrial marketing activities. City Administrator Pat IQaers stated that Anita Duckor was hired to do an assessment of the 2000-02 marketing plan and to develop a 2002-04 action plan. The Ciry Administrator recommended that the EDA consider hiring Duckor and Associates to implement three action plan items. These three items are to assist staff and the Planning Commission in seeing that the industrial development standards are more in line with other communities; to review, modify and improve the siting expansion process, and to facilitate a meeting with the school district to review the warkforce challenges that were raised by business leaders. The City Administrator indicated that Anita could also assist staff to provide feedback and provide general Economic Development Authority Minutes October 14, 2002 Page 3 support fox the department on a regular basis. Pat suggested that the EDA ask Duckor and Associates for a proposal for these services. Commissioner Motin indicated that having Anita work with the staff on plan implementation should not be necessary as staff could follow up on the marketing plan. Commissioner Tveite questioned who would review the effectiveness of the plan if Duckor and Associates was involved in the plan implementation. Following discussion, it was the consensus of the EDA to have Anita Duckor submit a proposal for the action items and For on-going services. 8.1. Discuss Regular Meeting Schedule Commissioner ~Iotin stated that the Council has discussed the issue of meeting schedules and has recommended that the EDA begin its meetings at 5:30 and that the Council would then schedule its meetings at 6:30 p.m. It was the consensus of the EDA to hold its meetings at 5:30 p.m. beginning in January 2003. 8.2. Call Special Meeting for Tuesday November 12 2002 zt 6.00 p m Heidi Hall indicated that because November's EDA mewing falls on Veteran's Day, which is a holiday, a special meeting must be called for November 12. COMMISSIONER KLINZING MOVED TO CALL A SPECIAL MEETING OF THE EDA FOR TUESDAY, NOVEMBER 12, 2002, TO DISCUSS REGULAR BUSINESS. COMMISSIONER MOTIN SECONDED THE MOTION. THE MOTION CARRIED 6-0. 9. Adjournment There being no other business, COMMISSIONER MOTIN MOVED TO ADJOURN THE MEETING. COMMISSIONER KOENIG SECONDED THE MOTION. THE MOTION CARRIED G-0. The meeting of the Elk River Economic Development Authority adjourned at 7:05 p.m. ~~ Q p~ Sandra Peine City Clerk