08-08-2011 EDA MINMEETING OF THE ELK RIVER
ECONOMIC DEVELOPMENT AUTHORITY
HELD AT THE ELK RIVER CITY HALL
MONDAY, AUGUST 8, 201 I
Members Present: President Touchette, Commissioners Daryer, Gumphre}; Motin, Tveite,
and Westgaard
Members Absent. Commissioner Zerwas
Staff Present: Director of Economic Development Annie Deckett, Finance Director Tim
Simon, and Senior Administrative Assistant Jennifer Johnson
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 byPresident Touchette.
2. Consider Agenda
MOVED BY COMMISSIONER TVEITE AND SECONDED BY
COMMISSIONER DWYER TO APPROVE THE AUGUST 8, 2011 EDA
AGENDA. MOTION CARRIED 6-0.
3. Consider Consent Agenda
MOVED BY COMMISSIONER MOTIN AND SECONDED BY
COMMISSIONER WESTGAARD TO APPROVE THE CONSENT AGENDA
AS FOLLOWS:
3.1. CONSIDER JULY i 1, 2011 REGULAR MEETING MINUTES
3.2. CHECK REGISTERS
3.3. BALANCE SHEET
3.4. REVENUE/EXPENDITURE REPORT
MOTION CARRIED 6-0.
4. Ooen Mike
Dave Raymond, Chaim>an of the Elk River Ans Alliance, thanked the EDA for their
support in the Art Soup Festival He stated he heard positive comments from attendees and
business owners, saying even with the rainyweather, theyhad around 2500-3000 attendees.
It was suggested bythe Parks and Recreation Department and the Elk River Gramber to
look into the possibility of a pannership and hold AnSoup everyyEar. He stated a
partnership would have to be formed in order to provide the needed financial support
required
5. Consider Year 2012 EDA Budget and Resolution Establishing Tax Levy
Economic Development AuthotiryMinutes
e~gusrs,zott
Ms. Decker presented the staff repon.
10. Other Business
Commissioner Gumphrey requested to revisit item 5, specifically asking the EDA
reconsider allocating $2500 from the 2012 miscellaneous budget and donate it to the
Initiative Foundation. He feels they've done a lot for the city in the past.
Dwyer agreed with Councilmember Gumphrey.
Page 3
Chair Touchette expressed concerns a~th upcoming expenses such as the branding and
marketing plan, and felt hesitant to donate this money until they knew for sure theywould
have sufficient money available. He did agree the Initiative Foundation is good at benefitting
communities thrive and grow.
Commissioner Motin stated that while he felt theywere a good foundation to support, that
we should carefullyconsider donating moneytowards them given the tight budget and the
fact that it would be an indirect benefit to economic development.
Commssioner Tveite agreed with Commissioner Motin but wanted to clarifythat this
contribution wouldn't increase the EDA budget but would come at the expense at
something else.
MOVED BY COMMISSIONER GUMPHREY AND SECONDED BY
COMMISSIONER DWYER TO APPROVE DONATING $2500 TO THE
INITIATIVE FUND WITH FUNDS BEING TAKEN FROM THE
MISCELLANEOUS BUDGET LINE ITEM. MOTION FAILED 3-3.
CHAIR TOUCHETTE AND COMMISSIONERS MOTIN AND TVEITE
VOTED AGAINST THE MOTION.
11. Adjoununent
There being no other business, President Touchette adjourned the meeting of the Elk River
Economic Development Authority at 5:52 p.m.
Minutes prepared byJennifer Johnson.
Ln
Tina Allard, City Clerk
n Touchette, President