3.1 EDSR 03-20-2017Meeting of the Elk River
Economic Development Authority
Held at the Elk River City Hall
Tuesday, January 17, 2017
Item 3.1
Members Present: President Tveite, Commissioners Burandt, Ovall, Westgaard, Provo,
Olsen, and Wagner
Members Absent: None
Staff Present: Economic Development Director Amanda Othoudt, 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 5:33 p.m. by President Tveite.
2. Consider 01 / 17/2017 Agenda
Moved by Commissioner Wagner and seconded by Commissioner Westgaard
to approve the January 17, 2017 agenda. Motion carried 7 -0.
3. Consider Consent Agenda
President Tveite indicated for the record he is an officer of Wells Fargo.
Commissioner Ovall indicated he is an officer of The Bank of Elk River.
Moved by Commissioner Westgaard and seconded by Commissioner Olsen to
approve the following consent agenda:
3.1 December 19, 2016, 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.
3.5 Designate the Star News as the official newspaper for 2017 and the
West Sherburne Tribune and Sherburne Citizen - Tribune as alternate
newspapers.
3.6 Designate the following banks and institutions as official depositories
for 2017:
• First National Bank of Elk River
• 4M Fund
• Wells Fargo Bank
• The Bank of Elk River
• US Bank
• TCF Bank
Economic Development Authority, Minutes
January, 17, 2017
■ UBS
Page 2
3.7 Designate Elk River City Hall, 13065 Orono Parkway, Elk River, as the
Economic Development Authority's meeting place for 2017.
3.8 Designate the third Monday of each month at 5:30 p.m. as the regular
meeting date and time for Economic Development Authority meetings
for 2017, and any meeting falling on a holiday shall be held on the next
business day at the same time and location.
3.9 Reappoint Amanda Othoudt as Executive Director for the Economic
Development Authority.
3.10 Consent to driveway easement agreements and mortgage amendment
for Yankee Doodle Enterprises, LLC:
1. Execution and recording of the Private, Cross Access Easement
Agreement.
2. Execution and recording of the Permanent Driveway Easement
Agreement.
3. Resolution 17 -01 amending the Mortgage.
Motion carried 7 -0.
4. Open Forum
No one appeared for Open Forum.
S. Public Hearings
There were no public hearing items scheduled for this agenda.
6.1 Confirmation and Recognition of New Commissioners
Ms. Othoudt presented the staff report.
Moved by Commissioner Wagner and seconded by Commissioner Olsen to
recognize the appointment of Charlie Blesener as the new Economic
Development Authority Commissioner. Motion carried 7 -0.
6.2 Election of Officers and Establish Terms
Ms. Othoudt presented the staff report.
Moved by Commissioner Westgaard and seconded by Commissioner Wagner
to appoint Dan Tveite as President for 2017. Motion carried 7 -0.
Moved by Commissioner Westgaard and Seconded by Commissioner Ovall to
appoint Jennifer Wagner as Vice President for 2017. Motion carried 7 -0.
Moved by Commissioner Wagner and seconded by Commissioner Westgaard
to appoint Nate Ovall as Secretary for 2017. Motion carried 7 -0.
P 0 W I R E 0 8'P
Economic Development Authority- Minutes Page 3
January-17, 2017
Moved by Commissioner Provo and seconded by Commissioner Ovall to
appoint Matt Westgaard as Treasurer for 2017. Motion carried 7 -0.
Moved by Commissioner Westgaard and seconded by Commissioner Wagner
to appoint Bryan Provo as Assistant Treasurer for 2017. Motion carried 7 -0.
6.3 EDA Subcommittee Appointments
Ms. Othoudt presented the staff report.
President Tveite indicated Commissioner Ovall currently serves as EDA and
banking representatives on the EDA Finance Committee and he would like to see
the EDA position opened up to someone else on the EDA if they are interested.
Moved by President Tveite and seconded by Commissioner Ovall to appoint
Bryan Provo as Economic Development Authority representative to the
Economic Development Authority Finance Subcommittee. Motion carried 7-
0.
Commissioner Ovall indicated he is excited to see Rhonda Magnussen serving on the
Beautification Committee and wondered if she would be interested in also filling the
legal representative position on the EDA Finance Committee. Ms. Othoudt
indicated staff will reach out to her.
Moved by Commissioner Westgaard and seconded by Commissioner Olsen to
approve the continuation of the following members of the Economic
Development Authority Finance Subcommittee:
■ EDA: Dan Tveite
• EDA: Bryan Provo
• Banking: Chad Vitzthum
• Banking: Nate Ovall
• Law: Open
• Real Estate: Ryan Hardin
• At Large: Larry Toth
• At Large: Jim Gromberg
Motion carried 7 -0.
Moved by Commissioner Wagner and seconded by Commissioner Ovall to
appoint the following members to the City Beautification Subcommittee:
• At Large: Rhonda Magnussen
• At Large: Tamara Ackerman
• At Large: DJ Bakken
• Sherburne County Master Gardeners Club: Ann McCormick
• Chamber Member/ Representative: Ryan Hardin
P 0 W I R E 0 8'P
Economic Development Authority- Minutes Page 4
January-17, 2017
Motion carried 7 -0.
6.4 Determination of New Committees and Assignments of
Commissioners
Ms. Othoudt presented her staff report.
6.5 Reports of Officers and Subcommittees
Ms. Othoudt presented the staff report.
6.6 Discussion of Modifications /Amendments to Statute and /or Enabling
Resolution
Ms. Othoudt presented the staff report.
6.7 Consideration of Staff Assignments
Ms. Othoudt presented the staff report.
Commissioner Blesener stated he would like to see a map of available properties
including details such as acreage, etc.
6.8 Discussion of Bylaws and any Suggested Amendments
Ms. Othoudt presented the staff report. There were no changes suggested at this
time.
7. Other Business
There was no other business.
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
WP 0 W I R E 0 8 V
NAX`:fV:6Um:IIREE1