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07-17-2017 EDA MIN SPEC MTG City of Elk Special Meeting of the Elk River River Economic Development Authority Held at the Elk River City Hall Monday,July 17, 2017 Members Present: Acting Chair Wagner, Commissioners Blesener,Westgaard,Provo (5:21 p.m.), Olsen (5:27 p.m.), and Ovall Members Absent: President Tveite Staff Present: Economic Development Director Amanda Othoudt, Economic Development Specialist Colleen Eddy,and Recording Secretary/Sr. Administrative Assistant Jennifer Green I. Call Meeting to Order Pursuant to due call and notice thereof, the meeting of the Elk River Economic Development Authority (EDA)was called to order at 5:03 p.m. by Acting Chair Wagner. 2. Consider Agenda 111 Moved by Commissioner Westgaard and seconded by Commissioner Ovall to approve the July 17,2017, special meeting agenda. Motion carried 4-0. 3. 2018 Budget Discussion Ms. Othoudt presented the staff report. She indicated the budget would be approved by the EDA at the August 21,2017,meeting,and approved by the council at their September 4,2017,meeting. Discussion was held regarding expenditures, the strategic plan outlining business development,rehabilitation and redevelopment, community brand, transportation, and the proposed levy. Commissioner Ovall requested the strategic plan layout be adjusted so the action steps fall directly under the strategies, thereby making it easier to read. It was the consensus of the commission to set the levy at 0.01813% and place on the agenda for approval at the August 21,2017, EDA meeting. 3. Adjournment There being no further business,Acting Chair Wagner adjourned the special meeting • of the Elk River Economic Development Authority at 5:43 p.m. Economic Development Authority Minutes Page 2 July 17,2017 Special Budget Meeting Minutes prepared by Jennifer Green. 1111 Dan Tveite, EDA President ,..., / Tina Allar , t lerk • • i}0 • EREO 01 INATUPEI