12-15-2014 EDA MINMeeting of the Elk River
Economic Development Authority
Held at the Elk River City Hall
Monday, December 15, 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 Specialist Colleen Eddy, EDA
Intern Jaquel Nissen, and Recording Secretary 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 5:36 p.m. by President Tveite.
2. Consider 12/15/2014 Agenda
Moved by Commissioner Provo and seconded by Commissioner Dwyer to
approve the December 15, 2014, agenda. Motion carried 7 -0.
3. Consider Consent Agenda
Moved by Commissioner Motin and seconded by Commissioner Westgaard
to approve the following consent agenda:
3.1 November 17, 2014, EDA 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 appeared for Open Forum.
.1 Coin- Tainer Microloan (continued from October 20 and
November 17
Mr. Barnhart presented the staff report.
President Tveite opened the public hearing. There being no one to speak to this
issue, President Tveite closed the public hearing.
Economic Development Authority liinutes
December 15, 2014
Page 2
Commissioner Wilson questioned what resource the city has if Stonesthrow defaults
since the property is being purchased on a Contract for Deed. Commissioner Motin
stated the city would have the option to take over the contract in the case of a
default.
Commissioner Motin provided an update on the Finance Committee's discussion.
He suggested the EDA look into a policy for future requests. President Tveite added
he is also on the Finance Committee and the committee felt this is a strong
application and recommended approval with the conditions as outlined.
Consensus of the EDA was of general support for the application and for staff to
work through the details and come back in January.
6.1 Public Art Installation
Ms. Eddy presented the staff report. She stated the judging panel has been
established and includes President Tveite (EDA), Councilmember Burandt (Council),
Commissioner Niziolek (Parks and Recreation Commission), Sharon Tracy (Arts
Alliance and resident at- large), and Jean Loy- Swanson (Arts Alliance and resident at-
large).
Ms. Tracy provided an update on the proposals explaining that the committee is
recommending the three finalists come back in January to determine which proposal
best defines the "Powered by Nature" brand. The EDA concurred with this
approach.
6.2 Letter of Interest
Mr. Barnhart presented the staff report.
Annie Deckert, Decklan Group, representing GATR — indicated she emailed the job
creation information to the EDA. She explained that GATR has offered $2 per
square foot and would like EDA action today so they can move forward for spring
groundbreaking.
Mr. Barnhart stated no formal application or purchase agreement has been received
so at this time staff is only asking for authorization to remove the listing and to
move forward with negotiation of a sale price.
Discussion on the request took place. Consensus of the EDA was to remove the
listing from the market for 60 days and for staff to work with the applicant to obtain
additional information in order for the EDA to make an informed decision.
6.3 Nature's Edge Business Center Signage
Ms. Nissen presented the staff report. She reviewed the options.
Economic Development Authority Minutes
December 15, 2014
Page 3
Moved by Commissioner Provo and seconded by Commissioner Burandt to
install a temporary sign in the Nature's Edge Business Center and wait on the
permanent sign until right -of -ways and businesses are established and for
continuity to be maintained between business park signs. Motion carried 7 -0.
6.4 Intern Experience Update
Mr. Barnhart stated this would be Ms. Nissen's last meeting. He indicated it has
been a pleasure working with her and she has accomplished many tasks.
Ms. Nissen thanked the EDA for the opportunity to work for city. She provided an
update on her Manufacturing Week project.
7.1 Accept Resignation of Cliff Lundberg from EDA Finance Committee
Mr. Barnhart presented the staff report. He stated no action is necessary.
Consensus of the EDA was to send a letter to Mr. Lundberg thanking him for his
service on the Finance Commitee.
7.2 Hire Economic Development Director — verbal
Mr. Barnhart provided an update on the process for the new economic development
director. He stated the recommendation is to hire Miles Seppelt. He indicated if
accepted by the City Council, Mr. Seppelt will begin employment January 5, 2015.
President Tveite expressed his appreciation to Commissioners Morin and Wilson for
their service on the EDA.
8. Adjournment
There being no further business, Chair Tveite adjourned the meeting of the Elk
River Economic Development Authority at 6:42 p.m.
Minutes prepared by Jessica Miller.
Dan Tveite, EDA President
Tina Allard, City Clerk