3.1 EDA MIN 11-18-2013 DRAFT #>"(44'.*
City of
Elk .........., Meeting of the Elk River
River Economic Development Authority
Held at the Elk River City Hall
Monday, November 18, 2013
Members Present: President Tveite, Commissioners Burandt,Dwyer,Westgaard,
Wilson, and Motin
Members Absent: Commissioner Provo
Staff Present: Community Operations and Development Deputy Director Jeremy
Barnhart, Economic Development Intern Chanda Knoof, and
Executive Secretary/Deputy City Clerk Jessica Miller
1. Call Meeting to Order
Pursuant to due call and notice thereof, the meeting of the Elk River City Council
was called to order at 5:30 p.m. by Chair Tveite.
2. Consider 11/18/2013 Agenda
Commissioner Motin requested removal of the November 5, 2013, EDA Finance
Committee minutes from the consent agenda,noting the minutes should be
approved by the EDA Finance Committee.
Moved by Commissioner Dwyer and seconded by Commissioner Westgaard
to approve the November 18, 2013, agenda as amended. Motion carried 6-0.
3. Consider Consent Agenda
Moved by Commissioner Dwyer and seconded by Commissioner Motin to
approve the following consent agenda:
3.1 Minutes
• October 21,2013,regular 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 6-0.
4. Open Forum
Patrick Briggs, 19021 Freeport Street Suite 500—requested EDA support for PSB
to engage in a long-term lease rather than purchase of the property at 1110 Industrial
Circle. He stated that if the EDA supports the lease,he will seek support from the
county assessor.
Economic Development Authority Minutes Page 2
November 18,2013
Commissioner Motin explained he is not inclined to go negative on the tax rolls for
abatement of a parking lot. He stated there is alternative office space in town and he
would like to work with PSB to keep them in Elk River. He noted he isn't sure the
current industrial location is a good fit anyway.
Rob Gibbs, co-owner of PSB—indicated that they like their current location but if
they end up moving they may consider locating in a different city due to proximity
and ease of access for their clients.
President Tveite echoed Commissioner Motin's comments. He explained that the
EDA cannot offer support for the tax abatement process without a formal
application as there are too many variables and analysis involved. He encouraged
PSB to submit a formal application.
5.1 Public Hearings
There were no public hearings.
6.1 Update Microloan Policy
Mr. Barnhart presented the staff report.
Commissioner Motin indicated consensus of the Finance Committee was to expand
the Downtown Revitalization Financing Program to include the Downtown Area as
outlined in the staff report. Commissioners Dwyer and Wilson concurred.
Moved by Commissioner Motin and seconded by Commissioner Wilson to
recommend approval of the following changes to the City Council:
• Expanding the purpose of the Downtown Revitalization Financing
Program to include the Downtown Area as illustrated.
• Expand the program to include non-profit organizations for
consideration.
• Require 50% of microloan funds to be spent on energy efficiency
improvements. Energy efficiency is defined as improvements that are
eligible for a rebate by the Elk River Municipal Utilities (ERMU) or
the utility provider for the property if not ERMU.
Motion carried 6-0.
7.1 Project Updates
Mr. Barnhart presented the staff report.
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INATUPE
Economic Development Authority Minutes Page 3
November 18,2013
8. Adjournment
There being no further business, Chair Tveite adjourned the meeting of the Elk
River Economic Development Authority at 6:13 p.m.
Minutes prepared by Jessica Miller.
Dan Tveite, EDA President
Tina Allard, City Clerk
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