3.1B EDSR 09-18-2017 DRAFT MINMeeting of the Elk River
Economic Development Authority
Held at the Elk River City Hall
Monday, August 21, 2017
Members Present: President Tveite, Commissioners Provo, Olsen, Ovall, Wagner, and
Blesener
Members Absent: Commissioner Westgaard
Staff Present: Economic Development Director Amanda Othoudt, Economic
Development Specialist Colleen Eddy, and Executive
Secretary/Deputy City Clerk Jessica Miller
1.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 5:31 p.m. by President Tveite.
2. Consider 08/21/2017 Agenda
Ms. Othoudt removed item 3.5 from the consent agenda.
Moved by Commissioner Ovall and seconded by Commissioner Olsen to
approve the August 21, 2017 agenda as amended. Motion carried 6-0.
3. Consider Consent Agenda
Moved by Commissioner Ovall and seconded by Commissioner Blesener to
approve the following consent agenda:
3.1 EDA Minutes:
July 17, 2017, Special
July 17, 2017, Regular
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.
3.6 Modification to the Job Incentive Microloan Policy as outlined in the
staff report.
Motion carried 6-0.
4. Open Forum
No one appeared for Open Forum.
Item 3.1B
Economic Development Authority Minutes Page 2
August 21, 2017
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5. Public Hearings
There were no public hearing items scheduled for this agenda.
6.1 Beautification Award
Tamara Ackerman, representing the Elk River Beautification Committee, presented
the staff report recommending two business owners for this month’s Beautification
Award.
Moved by Commissioner Wagner and seconded by Commissioner Provo to
recognize Ralphie’s Minnoco with the award for making substantial
improvements to the exterior of their building in the last year. Motion carried
6-0.
Moved by Commissioner Wagner and seconded by Commissioner Blesener to
recognize the American Family Insurance – Bonnie Koste Agency, Inc. for
consistently maintaining her property in an attractive and well-kept manner.
Motion carried 6-0.
Brian Brehmer, owner of Ralphie’s Minnoco, and Bonnie Koste, owner of the
Bonnie Koste Agency were present to accept the awards.
Ms. Ackerman encouraged businesses to submit nominations for future
beautification awards.
6.2 2018 Budget
Ms. Othoudt presented the staff report.
Moved by Commissioner Blesener and seconded by Commissioner Olsen to
approve the 2018 EDA budget as presented. Motion carried 6-0.
Moved by Commissioner Olsen and seconded by Commissioner Blesener to
adopt resolution 17-05 establishing the tax levy for the Elk River Economic
Development Authority for the City of Elk River, Minnesota. Motion carried
6-0.
6.3 2018 YMCA Budget Levy
Ms. Othoudt presented the staff report.
Members of the EDA questioned the requirement to levy 105% and fund
restrictions. Ms. Othoudt indicated it is a state requirement but she will ask Finance
Director Lori Ziemer to provide information at a future meeting.
Economic Development Authority Minutes Page 3
August 21, 2017
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Moved by Commissioner Wagner and seconded by Commissioner Olsen to
adopt resolution 17-06 establishing the 2018 referendum tax levy as approved
by voters for a recreational facility to be leased to the YMCA. Motion carried
6-0.
6.4 Budget Amendment for Jobs Incentive Loan Program
Ms. Othoudt presented the staff report.
Moved by Commissioner Provo and seconded by Commissioner Olsen to
approve the transfer of $66,000 to the Jobs Incentive Microloan Fund from
EDA reserves. Motion carried 6-0.
6.5 Modification to EDA Business Microloan Policy
Ms. Othoudt presented the staff report.
Moved by Commissioner Blesener and seconded by Commissioner Olsen to
approve a modification to the EDA Business Microloan Policy as outlined.
Motion carried 6-0.
6.6 Director’s Report
Ms. Othoudt presented her staff report.
7.1 Nominations for Beautification Committee
Ms. Othoudt urged businesses to submit nominations for Beautification Awards.
Commissioner Ovall stated he appreciates the Beautification Committee’s
engagement.
8. Adjournment
There being no further business, President Tveite adjourned the meeting of the Elk
River Economic Development Authority at 6:18 p.m.
Minutes prepared by Jessica Miller.
Dan Tveite, EDA President
Tina Allard, City Clerk