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09-10-2012 EDA MIN MEETING OF THE ELK RIVER • ECONOMIC DEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, SEPTEMBER I0, 2012 Members Present: President Tveite,Commissioners Dwyer,Gumphrey,Motin,Provo, Westgaard,and Zerwas Members Absent: None Staff Present: Director of Economic Development Annie Deckert,Assistant Director of Economic Development Clay Wilfahrt,Planning Manager Jeremy Barnhart, 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..by President Tveite. 2. Consider Agenda Ms.Deckert proposed the following changes to the agenda: • Remove item 3.5 as it was not included in the packet. • Add Discussion on the Use of Department of Trade and Economic Development • (DTED) Fund Balance after item 6.1. MOVED BY COMMISSIONER MOTIN AND SECONDED BY COMMISSIONER PROVO TO APPROVE THE SEPTEMBER 10,2012,EDA AGENDA AS AMENDED. MOTION CARRIED 7-0. 3. Consider Consent Agenda MOVED BY COMMISSIONER ZERWAS AND SECONDED BY COMMISSIONER DWYER TO APPROVE THE CONSENT AGENDA AS FOLLOWS: 3.1. AUGUST 13,2012, 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. MOTION CARRIED 7-0. 4. Open Forum No one was present for open forum. • Economic Development AuthorityMnutes Page 2 September 10,2012 5. Discuss 2013—2016 Strategic Plan Ms.Deckert presented her staff report. • MOVED BY COMMISSIONER DWYER AND SECONDED BY COMMISSIONER ZERWAS TO AUTHORIZE STAFF TO DEVELOP ADDITIONAL ACTION STEPS AND TASKS TO DERIVE THE 2013-2016 EDA AND HRA STRAGEIC PLAN. MOTION CARRIED 7-0. 6. Review Downtown Task Force Plan Mr.Barnhart presented a Powerpoint providing an overview of the Mississippi Connections Downtown Plan. He stated that an open house is scheduled for September 13,2012,from 4:00- 8:00 p.m. and invited the EDA to attend or to provide comments to staff ahead of time if they are unable to attend. Commissioner Motin questioned the deadline is to submit written comments.Mr.Barnhart stated the comment period ends September 24. Mr.Barnhart indicated the plan is available for review on the front page of the city's website as well as in paper form at city hall.He added that public comment is a big part of this plan and urged the public to submit comment. Mr.Wilfahrt explained that he is working with Mr.Barnhart on promoting the plan. 6.1. Discuss Use of Department of Trade and Economic Development(DTED) Fund Balance • Ms.Deckert presented her staff report. Commissioner Dwyer indicated he would like to see the reporting requirements for the funds.Commissioner Zerwas concurred.Ms.Deckert indicated that staff will come back with the reporting requirements. MOVED BY COMMISSIONER DWYER AND SECONDED BY COMMISSIONER PROVO FOR A SUBCOMMITTEE CONSISTING OF COMMISSIONERS DWYER,TVEITE,AND PROVO TO WORK WITH STAFF TO PUT TOGETHER THE FRAMEWORK ON HOW TO PROCEED WITH THE USE OF THE DEPARTMENT OF TRADE AND ECONOMIC DEVELOPMENT FUND BALANCE;FOR THE SUBCOMMITTEE TO PRESENT THIS FRAMEWORK TO THE EDA FINANCE COMMITTEE;AND FOR THE EDA FINANCE COMMITTEE TO RECOMMEND GUIDELINES TO THE EDA BY THE END OF THE YEAR.MOTION CARRIED 7-0. 7. Announcements Mr.Wilfahrt provided a marketing update as outlined in his staff report.He added that the city received notification that the city has been awarded a$1,150 grant from the Initiative Foundation to be used for professional staff development. • Economic Development Authority Minutes Page 3 September 10,2012 Ms.Deckert stated that the energy efficiency improvement micro loan for PS Dance closed Sat the end of August and they hope to move in November 1.She added that the applicant is very appreciative of the loan. 8. Adjournment There being no other business,President Tveite adjourned the meeting of the Elk River Economic Development Authority at 6:29 p.m. Minutes prepared by Jessica Miller. Dan Tveite,Pres'Vent Tina Allard,City Clerk • •