01-16-2018 EDA MINMeeting of the Elk River
Economic Development Authority
Held at the Elk River City Hall
Tuesday, January 16, 2018
Members Present: President'I'veite, Commissioners Provo, Olsen, Westgaard, Ovall,
Wagner, and Blesener
Members Absent: None
Staff Present: Economic Development Director Amanda Othoudt, Economic
Development Specialist Colleen Eddy, and Executive
Secretary/Deputy City Clerk Jessica Miller
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 01/16/2018 Agenda
Moved by Commissioner Westgaard and seconded by Commissioner Olsen to
approve the January 16, 2018, agenda. Motion carried 7-0.
3. Consider Consent Agenda
President Tveite indicated he is an officer of Wells Fargo. Commissioner Ovall
disclosed he is an officer of The Bank of Elk River.
Moved by Commissioner Wagner and seconded by Commissioner Blesener to
approve the following consent agenda:
3.1 EDA Minutes
November 20, 2017, Closed
November 20, 2017, Regular
3.2 Check register as outlined.
3.3 Balance sheet as outlined.
3.4 Revenue/expenditure report as outlined.
3.5 Designate the Star News as the official newspaper for 2018 and the
West Sherburne Tribune and Sherbume Citizen -Tribune as alternate
newspapers.
3.6 Designate the following banks and institutions as official depositories
for 2018:
First National Bank of Elk River
4M Fund
Wells Fargo Bank
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January 16,2018
■ The Bank of Elk River
• US Bank
• TCF Bank
■ UBS
3.7 Designate Elk River City Hall, 13065 Orono Parkway, Elk River, as the
Economic Development Authority's meeting place for 2018.
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 2018, 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 Review the attendance policy as outlined in the Board and
Commission Advisory Policy.
Motion carried 7-0.
4. Open Forum
No one appeared for Open Forum.
S. Public Hearings
There were no public hearings.
6.1 Confirmation and Recognition of New Commissioners
Ms. Othoudt presented the staff report. It should be noted Bryan Provo was sworn
into the Economic Development Authority before the meeting began.
Moved by Commissioner Wagner and seconded by Commissioner Ovall to
confirm the reappointment of Commissioner Bryan Provo.
Motion carried 7-0.
6.2 Election of Officers and Establish Terms
Ms. Othoudt presented the staff report.
Moved by Commissioner Blesener and seconded by Commissioner Olsen to
appoint the officers for 2018 as follows:
• President — Dan Tveite
• Vice President —Jennifer Wagner
• Secretary — Nate Ovall
• Treasurer — Matt Westgaard
• Assistant Treasurer — Bryan Provo
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January 16, 2018
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Motion carried 7-0.
6.3 EDA Subcommittee Appointments
Ms. Othoudt presented the staff report.
Moved by Commissioner Wagner and seconded by Commissioner Westgaard
to approve the continuation of the following members of the Joint Finance
Committee:
• EDA: Dan Tveite
• EDA: Bryan Provo
■ HRA: Michelle Eder
• HRA: Larry Toth
• Banking: Nate Ovall
• Banking: Chad Vitzthum
• Legal: Rhonda Magnussen
• Real Estate: Ryan Hardin
• At Large: Jim Gromberg
Motion carried 7-0.
Moved by Commissioner Westgaard and seconded by Commissioner Wagner
to approve the continuation of the following members to the City
Beautification Committee:
• At Large: Rhonda Magnussen, local business owner
• At Large: Tamara Ackerman, local business owner
• At Large: DJ Bakken, local business owner
• Sherburne County Master Gardeners Club: Ann McCormick
• Chamber Member/Representative: Ryan Hardin
Motion carried 7-0.
6.4 Determination of New Committees and Assignments of
Commissioners
Ms. Othoudt presented the 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.
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January 16, 2018
6.7 Consideration of Staff Assignments
Ms. Othoudt presented the staff report.
6.8 Annual Review of EDA Bylaws
Ms. Othoudt presented the staff report. She suggested having EDA Attorney Jenny
Boulton review the process to incorporate some of the annual business in to the
bylaws so it only needs to be discussed if something changes.
Commissioner Wagner indicated she believes reviewing the bylaws is an important
part of the meeting and it's not worth paying an attorney to review the process. The
Economic Development Authority concurred.
7. Announcements
There were no announcements.
8. Adjournment
There being no further business, President Tveite adjourned the meeting of the Elk
River Economic Development Authority at 6:04 p.m.
Minutes prepared by Jessica Miller.
Dan Tv ite, ED rt sident
Tina Allard, City Clerk
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