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11-12-2002 EDA MINMEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL TUESDAY, NOVEMBER 12, 2002 Members Present: President Gongoll, Commissioners Koenig, Dwyer, Klinzing, Kuestex, Tveite and Motin Members Absent: None Staff Present: Director of Economic Development Catherine Mehelich, Economic Development Assistant Heidi Hall, City Administrator Pat IQaers, and City Clerk Sandia Peine 1. Call Meeting 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 11 /12/02 Agenda The following items were added to the agenda: 9.2 Update on Noxthstax Die Cast Settlement 9.3. Chamber Membership Meeting COMMISSIONER DWYER MOVED TO APPROVE THE NOVEMBER 12, 2002, EDA AGENDA AS AMENDED. COMMISSIONER TVEITE SECONDED THE MOTION. THE MOTION CARRIED 6-0. 3. Consent Agenda COMMISSIONER KOENIG MOVED TO APPROVE THE CONSENT AGENDA AS FOLLOWS: 7.1. OCTOBER 14, 2002, EDA MINUTES 7.2. CHECK REGISTER 7.3. REVENUE/EXPENDURE REPORT 7.4. BALANCE SHEET COMMISSIONER KUESTER SECONDED THE MOTION. THE MOTION CARRIED G-0. Commissioner Klinzing arrived at this time. Economic Development Authority Minutes Page 2 November 12, 2002 4. Open Mike No one appeared fox open mike. 5. Comprehensive Plan Upd2te Commissioner Dwyer updated the Council on the last comprehensive plan meeting. He spoke specifically about industrial land use near the gravel pits. 5.1. Industrial Land In Comprehensive Plan Director of Planning Michele McPherson indicated that she has been asked to facilitate a discussion with the EDA regarding areas fox future industrial development. She indicated that Rusty Fifield of Hoisington I{oeglex Group has provided a map showing areas that are currently zoned fox business park ox industrial development and has- developed some questions to facilitate EDA discussion of this issue. Questions proposed to the EDA included: • Should the Comprehensive Plan continue to plan fox industrial development in the existing locations? • How should the existing gravel mining district be zoned in the future? • Does the Comprehensive Plan need to include other areas for new industrial development? If so, where? • Should the Comprehensive Plan anticipate the creation of new business parks fox industrial development? If so, where? Following discussion, the EDA concluded the following: • It would be best to locate residential uses away from the highway • That the gravel mining area between Highway 169 and realigned County 77 north of Brentwood be rezoned to industrial with a buffer area adjacent to the residential. • That the existing industrial areas not be looked at for any other use if redeveloped in the future. • That the entire triangle near the gravel mining area be considered as one piece President Gongoll suggested continuing this discussion at the December meeting. 6.1. Public Hearing Regarding Proposed City of Elk River Business Subsidies 6.2. Consider Adoption of the City of Elk River Business Subsidies Policy Catherine Mehelich noted that public hearings must be held by the City Council, EDA, and HRA fox each to adopt criteria far awarding business subsidies. She noted that the EDA, the EDA Finance Committee, HRA, and City Council have provided input on the business subsidies policy over the last two months. Economic Development Authority Minutes November 12, 2002 Page 3 President Gongoll opened the public hearing. There being no one for ox against the matter, President Gongoll closed the public hearing. COMMISSIONER TVEITE MOVED TO ADOPT THE CITY OF ELK RIVER BUSINESS SUBSIDY POLICY. COMMISSIONER MOTIN SECONDED THE MOTION. THE MOTION CARRIED 7-0. Strategic Industrial Maxketin ~letivities Update Economic Development Assistant Heidi Hall presented an update on strategic industrial marketing activities. 7.1. Industrial Land Development Director of Economic Development Catherine Mehelich indicated that the Strategic Industrial Marketing Plan recommends that the EDA consider dedicating city-owned land with utilities for industrial development. An alternate recommendation of the plan includes dedicating one of the current business parks to industrial development if the landowners axe willing to sign a joint marketing agreement. Catherine stated that staff is requesting feedback and direction for staff to explore the following options: Alternative strategies for working with private landowners of business pazk properties Strategy for the development of the EDA's property located off of Twin Lakes Boulevard Catherine stated that a work session fox further discussion on this issue could be scheduled fox a future EDA meeting. Commissioner Kliuzing indicated that at the time the EDA-owned business park property was being established, the City indicated that it would not be interested in competing with existing privately owned property. The City needs to look seriously at entering into the realm of competition. Commissioner Dwyer indicated that he is interested in exploring the option. President Gongoll concurred, but noted that we must also look at what kind of message this sends to developers. It was the consensus of the EDA to discuss this further at a work session sometime in January. 8. Business Finance Pro ams Update Catherine Mehelich updated the EDA on business finance programs that the EDA accesses to leverage some of the funds that aze provided locally. She talked about the MN Investment Fund and NIN Community Capital Fund. Economic Development Authority Minutes Page 4 November 12, 2002 9. Other Business 9.1. Consider Revised 2003 EDA Budget Catherine indicated that the EDA reviewed the 2003 budget in August. Catherine indicated that since that review the EDA has made a couple of budget revisions including a $5,000 contribution to the Initiative Foundation and considering $4,000 to Duckor and Associates for work on the industrial park planning process. City Administrator Pat I{laers noted that staff is recommending to revise its plan for using Dukor and Associates. Staff is recommending using the services as needed, with the need being determined as time goes on. COMMISSIONER DWYER MOVED TO APPROVE THE 2003 EDA BUDGET AS REVISED. COMMISSIONER KLINZING SECONDED THE MOTION. THE MOTION CARRIED 7-0. 9.2. Northstar Star DieCast Catherine Mehelich updated the EDA on the status of the $50,000 micro loan. She noted that the EDA authorized a settlement amendment reducing payment to $500 per month, however, the City has not received any payments nor response from the company. Catherine indicated that the City Attorney has advised that the Confession of Judgment be filed. 9.3. Chamber Membership Meet President Gongoll updated the EDA on the upcoming Chamber meeting on the Highway 10 and 169 Corridor Studies. 10. 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 7:15 p.m. ~,~.,P~ C~ p.~ Sandra Peine Citv Clerk