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02-13-2012 EDA MINMEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, FEBRUARY 13, 2012 Members Present: President Tveite, Commissioners Dwyer, Gumphrey, Motin, Provo, Westgaard, and Zeraas Members Absent: None Staff Present: Director of Economic Development Annie Decker, Assistant Director of Economic Development Clay Wilfahtt, Finance Director Tim Simon, and Executive Secretary/Deputy City Clerk Jessica Miller 1. 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 Tvene. 2. Consider Agenda MOVED BY COMMISSIONER DWYER AND SECONDED BY COMMISSIONER MOTIN TO APPROVE THE FEBRUARY 13, 2012, EDA AGENDA. MOTION CARRIED 7-0. 3. Consider Consent Agenda MOVED BY COMMISSIONER ZERWAS AND SECONDED BY COMMISSIONER WESTGAARD TO APPROVE THE CONSENT AGENDA AS FOLLOWS: 3.1 JANUARY 9, 2012, REGULAR MEETING MINUTES. 3.2 CHECK REGISTER AS OUTLINED IN THE STAFF REPORT. 3.3 BALANCE SHEET AS OUTLINED IN THE STAFF REPORT. 3.4 REVENUE/EXPENDITURE REPORT AS OUTLINED IN THE STAFF REPORT. 3.5 POST-ISSUANCE DEBT COMPLIANCE POLICY. MOTION CARRIED 7-0. 4. Chen Fonun No one was presetn for open fonun. 5. GatewayBusiness Park Name Change Discussion Ms. Decker presented the staff report. President Tveite stated that he is in favor or changing the name to Nature's Edge Business Park Conmvssioner Zerwas concurred. Economic Development AuchoriryNLnutes February 13, 2012 Page 2 Commissioner Motin indicated that he likes Nature's Edge but believes Business Center is more appropriate than Business Park Conunissioner Provo and Dwyer concurred MOVED BY COMMISSIONER MOTIN AND SECONDED BY COMMISSIONER GUMPHREY TO RENAME GATEWAY BUSINESS PARK TO NATURE'S EDGE BUSINESS CENTER. MOTION CARRIED 7-0. 6. Restaurant Devel~ment Presentation Ms. Deckers provided an updaze on a restaurant development roundtable thaz staff attended as outlined in her staff report. ADDOIIIt EDA Commissioner to CommunityBrand Champions Team Mr. Wilfahrt presented his staff report. MOVED BY COMMISSIONER DWYER AND SECONDED BY COMMISSIONER WESTGAARD TO APPOINT COMMISSIONER ZERWAS TO THE BRAND CHAMPIONS TEAM. MOTION CARRIED 7-0. President Tveite thanked Commissioner Zerwas for his participation in the branding process. 8. CommLn;nrvBrattd Charrr~ons Team Uodate Mr. Wilfahrt provided a branding update as outlined in his staff report. Commissioner Zerwas indicazed that the level of interest in the Brand Champions Team is ama'i ~. He added that the group is off to a strong start. 9. Announcements Ms. Deckert indicated that the Pizza Ranch ribbon cutting is Tuesday, February 14. Mr. Wilfahrt stated thaz an event recognizing Faribauk Foods as the 2011 Energy City Business of the Year is scheduled for Febniary 23 and EDA Commissioners are welcome to attend. Mr. Wilfahrt indicated that the next manufacturer's meet and greet is scheduled for February 15 in Monticello. He added that the program has grown and is a great success. 10. A~d~ournnrent There being no other business, President Tveite adjourned the meeting of the Elk River Economic Development Authority az 5:59 p.m Minutes prepared byJessica Miller.