6.3. EDSR 01-20-2015
Request for Action
To Item Number
Economic Development Authority 6.3
Agenda Section Meeting Date Prepared by
General BusinessJanuary 20, 2015Jeremy Barnhart, Deputy Director, CODD
Item Description Reviewed by
EDA Sub Committee Appointments
Reviewed by
Action Requested
By motion, approve the following:
a. appointment of an EDA member to the Finance Committee
b. appointment of Paul Motin to the Finance Committee, providing legal view point
c. recruitment of a member from a real estate background
Background/Discussion
EDA Bylaws suggest the Economic Development Authority consider appointments to all existing
committees as necessary. The appointment and/or removal of committee members are at the discretion
of the EDA. All committees may not be necessary for 2015.
Currently, the EDA hosts one subcommittee, the Finance Committee. The Finance Committee provides
the EDA with a technical, politically neutral analysis of an application including microloan, tax abatement,
and tax increment financing applications. They meet on an as-needed basis, generally before the work
day or during lunch. Other committees identified in the by laws for Marketing, Prospecting, and
Research and Development are not established.
The Finance Committee consists of 7 members: 2 EDA members and at large members representing
various constituencies, including banking, law, and the general community. Current members are:
EDA: Dan Tveite
EDA: Vacant
Banking: Chad Vitzthum
Banking: Nate Ovall
Law: Vacant
At Large: Larry Toth
At Large: Vacant
Law representative Clifford Lundberg resigned in December, 2014. It is suggested that Paul Motin be
appointed as his replacement. Mr. Motin is a tax attorney in Elk River and recently served on the EDA
for several years.
It is suggested that additional real estate background would help the Finance Committee and the EDA
complete the review of applications. With authorization, staff will market for a member with a real estate
background.
Financial Impact
N/A
Attachments
N/A
N:\Departments\Community Development\Economic Development\EDA\Administrative\Agenda\EDA Agenda Packets\2015\1-20-2015\6.3 sr
EDA Sub Committee Appointments.docx