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09-15-2014 ED MIN ElMeeting of the Elk River River Economic Development Authority Held at the Elk River City Hall Monday, September 15, 2014 Members Present: President Tveite, Commissioners Burandt, Westgaard,Provo, and Motin Members Absent: Commissioner Wilson and Dwyer Staff Present: Community Operations and Development Deputy Director Jeremy Barnhart, Economic Development Specialist Colleen Eddy, and Executive Secretary/Deputy City Clerk Jessica Miller I. Call Meeting to Order Pursuant to due call and notice thereof, the meeting of the Elk River Economic Development Authority was called to order at 5:30 p.m. by President Tveite. 2. Consider 09/15/2014 Agenda Moved by Commissioner Motin and seconded by Commissioner Burandt to approve the September 15,2014, agenda. Motion carried 5-0. 3. Consider Consent Agenda Moved by Commissioner Westgaard and seconded by Commissioner Motin to approve the following consent agenda: 3.1 Check register as outlined in the staff report. 3.2 EDA Minutes • August 18,2014, Regular • August 25, 2014, Special 3.3 Balance sheet as outlined in the staff report. 3.4 Revenue/expenditure report as outlined in the staff report. 3.5 Appoint Community Operations and Development Deputy Director Jeremy Barnhart as the EDA interim executive director. Motion carried 5-0. 4. Open Forum Terry Morrell,Morrell Companies, 10752 171st Avenue—expressed concerns over a potential roundabout at the intersection of 1715`Avenue and Twin Lakes Road. He explained roundabouts can be difficult for trucks to maneuver and can pose safety hazards. Mr. Morrell stated other businesses in the area share the same concerns. Economic Development Authority Minutes Page 2 September 15,2014 Consensus of the EDA was for staff to explore alternatives for this intersection. 5. Public Hearings There were no public hearing items scheduled for this agenda. 6. General Business 6.1 Public Art Installation Update Ms. Eddy provided an update on the public art installation as outlined in her staff report. 6.2 Natures Edge Business Center Phase II Funding Authorization Mr. Barnhart presented the staff report. Moved by Commissioner Westgaard and seconded by Commissioner Burandt to adopt Resolution 14-05 Transferring Funds to the City of Elk River. Motion carried 5-0. 6.3 Hartman Property Acquisition Mr. Barnhart presented the staff report. Moved by Commissioner Motin and seconded by Commissioner Provo for staff to solicit bids to mitigate debris from Lots 1 and 2, Block 1, Fox Haven Commercial. Motion carried 5-0. 6.4 PSB Update Mr. Barnhart provided an update on Professional Service Bureau's purchase of a portion of Lot 1, Block 1, Northstar Business Park as outlined in his staff report. 6.5 Yale Court Update Mr. Barnhart provided an update related to the sale of Lot 4, Block 1, Mississippi Ridge 2nd Addition as outlined in his staff report. 7. Announcements There were no announcements. P R M E R E R 1 1 NATURE Economic Development Authority Minutes Page 3 September 15,2014 8. Adjournment There being no further business, Chair Tveite adjourned the meeting of the Elk River Economic Development Authority at 6:04 p.m. Minutes prepared by Jessica Miller. Dan Tveite, EDA President Tina Allard, City Clerk 11-O E D 1E NATURE