3.1 EDSR 04-21-2014 DRAFT MINUTES City of
Elk Meeting of the Elk River
River Economic Development Authority
Held at the Elk River City Hall
Monday, March 17, 2014
Members Present: President Tveite, Commissioners Burandt,Dwyer,Westgaard,Provo,
Wilson, and Motin
Members Absent: None
Staff Present: Community Operations and Development Deputy Director Jeremy
Barnhart,Economic Development Director Brian Beeman,and
Executive Secretary/Deputy CityCl k Jessica Miller
I. Call Meeting to Order
Pursuant to due call and notice therefy the meeting of the Elk fiver Economic
Development Authority was called to order at 5:30 pm. by President Tveite.
2. Consider 03/17/2014 a da
Moved by Commissioner Motin and seconded; Commissioner Dwyer to
approve the March 17, 2014, agenda.Mot on carried 7-0.
3. Consider Consent Agenda
Moved by Commissioner Motin and!seconded by Commissioner Wilson to
approve the following nsent agenda,.°
a1 February 1$,2014, EDA Minutes.
3.2 Check register s outlined in the staff report.
1.3 Balance st et as alined in the staff report.
Revenue/eenditure:report as outlined in the staff report.
Motion carried 7-0.
4. Open Forums
No one appeared for open forum.
5. Public Hearings
There were no public hearings.
6.1 Minnesota Community Capital Fund (MCCF)
Mr. Beeman presented his staff report.
Economic Development Authority Minutes Page 2
March 17,2014
Greg Hohlen,representative of Bremer Bank,provided an update on the
dissolution of the Minnesota Community Capital Fund.
Mr.Beeman stated that the $50,000 returned investment will be put in the Microloan
Fund.
6.2 Property Assessed Clean Energy (PACE)
Mr. Beeman presented the staff report.
Greg Hohlen,representative from Bremer Bank provided a brief synopsis of the
PACE program.
Dan Weber, Sherburne County assessor/economic development specialist, stated
the county was contacted by the Saint Paul Port Authority regarding a partnership
that would allow cities in Sherburne County to participate in the program without
entering into a separate Joint Powers Agreement QPA) with the Authority. He asked
for the city's support for Sherburne County to enter into a JPA with the Saint Paul
Port Authority.
Moved by Commissioner Westgaard and seconded by Commissioner Dwyer
to recommend City Council support for Sherburne County to enter into a Joint
Powers Agreement with the Saint Paul Port Authority for the Property
Assessed Clean Energy Program. Motion carried 7-0.
6.3 Chamber of Commerce Grow Minnesota Presentation
Debbie Rydberg, executive director of the Elk River Area Chamber of Commerce,
provided an update of the Grow Minnesota program.
6.4 Introduce Comprehensive Plan
Mr. Barnhart provided an introduction to the Comprehensive Plan as outlined in his
staff report.
6.5 Authorize Appraisal for Vacant Yale Court Property
Mr. Barnhart presented the staff report.
Moved by Commissioner Westgaard and seconded by Commissioner Wilson
to authorize the appraisal of the property at the southern end of Yale Court
and the preparation of a feasibility study of the road improvements. Motion
carried 7-0.
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Economic Development Authority Minutes Page 3
March 17,2014
7. Other Business
Mr. Beeman indicated the city received a DEED grant in the amount of$290,997 for
the Natures Edge Business Center Phase II. He explained the grant amount is lower
than requested and staff is meeting this week to discuss funding the difference.
8. Adjournment
There being no further business, Chair Tveite adjourned the meeting of the Elk
River Economic Development Authority at 6:01 p.m.
•
Minutes prepared by Jessica Miller.
Dan Tveite, EDA President
Tina Allard, City Clerk
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