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3.1 EDSR 10-19-2015 DRAFT MIN ► Item 3.1 Elk •••• Meeting of the Elk River River Economic Development Authority Held at the Elk River City Hall Monday, August 17, 2015 Members Present: President Tveite,Commissioners Burandt,Dwyer(5:31 p.m.),Olsen, Wagner,and Westgaard Members Absent: Commissioner Provo Staff Present: Economic Development Director Amanda Othoudt,Economic Development Specialist Colleen Eddy, and Senior Administrative Assistant/Recording Secretary Jennifer Johnson 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 08/17/2015 Agenda Moved by Commissioner Wagner and seconded by Commissioner Olsen to approve the August 17,2015, agenda as amended. Motion carried 5-0. 3. Consent Agenda Moved by Commissioner Westgaard and seconded by Commissioner Olsen to approve the following consent agenda: 3.1 July 20,2015,regular meeting 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 5-0. 4. Open Forum No one appeared for open forum. 5. Public Hearings There were no public hearings. Economic Development Authority Minutes Page 2 August 17,2015 6.1 A Resolution Establishing the 2016 Referendum Tax Levy as Approved by Voters for a Recreational Facility to be Leased to the YMCA Mr. Simon presented the staff report. Moved by Commissioner Dwyer and seconded by Commissioner Olsen to pass Resolution 15-_establishing the 2016 Referendum Tax Levy as approved by voters for a recreational facility to be leased to the YMCA as outlined in the staff report. Motion carried 6-0. 6.2 2016 Budget& Resolution Ms. Othoudt presented the staff report. Moved by Commissioner Westgaard and seconded by Commissioner Olsen to approve the 2016 Economic Development Budget as presented. Motion carried 6-0. Moved by Commissioner Dwyer and seconded by Commissioner Wagner to approve Resolution 15- establishing the EDA Tax Levy for collection in year 2016. Motion carried 6-0. 6.3 2017-2020 Final Strategic Plan Ms. Othoudt presented the staff report. President Tveite liked the synergy of combining the goals and objectives of both the EDA and Housing and Redevelopment Authority(HRA). Commissioner Olsen asked if the HRA approved their plan through a similar process. Ms. Othoudt indicated the HRA did approve their plan at their last meeting. Moved by Commissioner Wagner and seconded by Commissioner Burandt to approve the 2017-2020 Strategic Plan for the HRA/EDA as presented. Motion carried 6-0. �SIEREI it NATURE Economic Development Authority Minutes Page 3 August 17,2015 6.4 Public Art Installation Ms. Eddy presented the staff report. She indicated the footing for the Whimsical Windmill,the cost of which was included in the bid,will be required to be installed by an outside contractor due to it being constructed to specific MnDOT regulations. She provided details about the presentations and unveiling,along with tours of the library building being provided by Environmental Technician Kristin Mroz,taking the opportunity to showcase this LEED building.After the unveiling,refreshments will be served in the library community room. She also indicated there will be a sign placed by the windmill telling it's story and the design work done by the artist. 6.5 Director's Report Ms. Othoudt presented the staff report. 7. Announcements There were no announcements. 8. Adjournment There being no further business,Chair Tveite adjourned the meeting of the Elk River Economic Development Authority at 5:50 p.m. Minutes prepared by Jennifer Johnson. Dan Tveite,EDA President Tina Allard,City Clerk i1 / EREI 1r NATURE