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06-19-2017 EDA MIN City of Elk Meeting of the Elk River River Economic Development Authority Held at the Elk River City Hall Monday,June 19, 2017 Members Present: President Tveite, Commissioners Provo, Olsen,Westgaard, Ovall, Wagner, and Blesener Members Absent: None Staff Present: Economic Development Director Amanda Othoudt,Economic Development Specialist Colleen Eddy, and Tina Allard, City Clerk 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 5:45 p.m. p.m. by President Tveite. 2. Consider 06/19/2017 Agenda Moved by Commissioner Westgaard and seconded by Commissioner Olsen to approve the June 19,2017, agenda. Motion carried 7-0. 3. Consider Consent Agenda Moved by Commissioner Ovall and seconded by Commissioner Wagner to approve the following consent agenda: 3.1 May 15,2017, 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. 5. Public Hearings There were no public hearing items scheduled for this agenda. 6.1 Bylaw Amendment • Ms. Othoudt presented the staff report. Moved by Commissioner Blesener and seconded by Commissioner Wagner to approve changes to the EDA Bylaws for the creation of a joint finance Economic Development Authority Minutes Page 2 June 19,2017 committee with the HRA as outlined in the staff report and with the removal11111 of the words "to him" from Section 3.1(02). Motion carried 7-0. 6.2 Beautification Award Mr. Othoudt presented Ms. Eddy's staff report. She recognized Beautification Committee members in attendance. The Commission noted these are two exemplary businesses to win the inaugural award; especially since they are both located at gateway entry points of the city. Moved by Commissioner Westgaard and seconded by Commissioner Ovall to recognize Cornerstone Auto with an award for making substantial improvements to the exterior of their building in 2016. Motion carried 7-0. Moved by Commissioner Blesener and seconded by Commissioner Wagner to recognize The Bank of Elk River for consistently maintaining their property in an attractive and well-kept manner. Motion carried 7-0. 6.3 Directors Report Ms. Othoudt presented the staff report. 7. Accepting Nomination for the City Beautification Award III Ms. Othoudt announced the city continues to look for nominations for the beautification awards. President Tviete stated the EDA will be holding a closed meeting per MN Statute §13D.05, subdivision 3(c) to consider offers and counteroffers for the purchase or sale of real property at PID #75-757-0010. 8. Adjournment There being no further business, Chair Tveite adjourned the meeting of the Elk River Economic Development Authority at 5:58 p.m. P Dan Tveite, EDA President Tina A l ar III d, iCtyClerk 1 10'011111111 i1 NATURE