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02-20-2018 EDA MINMeeting of the Elk River, Econ ornic Development Authority, Held at the Elk River City all "ruesday, February 20, 2018 Nlembers Tlresent, rlrlesideti,t 'I'veite, (,'c.)tnmissioners Provo, ()1sen, and Wagner Meni.bers i\bsent: (..,,ommissioners Blesener, Ovall, and Westgaaid StaffPresc�,nt E;'conomic Developtrient L)Irector Ainanda Othouldt, I'll' C"0110MIC, Devek.)pment Specialist Colleeri FIddY, and FAccutive Secretary/lDepUtyr Clify C'Ierlc,Jctssica Mifler I ll Meeting to Order F)ursuant k,-) due call and notice thereof, the tneeting of the F'1k Riv(,.-,r F,coiv-)rnic Developtnent A utbority was cafled to order at 5:30 P.Irli. by 1�)residerit I'veite. 2. Consider 02/20/2018 Agenda Moved Amy.Conunissioner Wagner and seconded by Comrnissioner Olsen to approve the Februaty 20, 2018, agenda. Motion carried 4-0. 3. Consider Consent Agenda Moved by COMMiSSioner Olsen and seconded by Conimissioner Provo to approve the following consent agenda: 3.1 January 16,2018, EDA. Minutes. 3.2 he Register as outlined in the staff report. 33 Balance Sheet as outlined in the staff teport. 3.4 Revenue/Expenditure Report as oudined in the staff report, Motion carried 4--0. 4. Open Forurn .No one appeared for Open Forum There wverc no public hearing itern).s. Econoinic Development Authonty Nfinules Page 2 Februan, 20, 20 18 6.1 Youth Skills Training Program s. ( I )tfiouidt reviewed a PowerPoint presentation on the Youth Skills Trau-iing Program. ('otnrnissioner Wagner questionerd if it would be advantageous for the Flcon(:nmic Development Authority to send Ar letter Of. SUpport to the school district prior to their completion of the grant application. Ms. Othcnidt indicated staff could draft a lettet -and bring back at the nrext 1-110A meeting, 'I'lie EDA concurred. Clotritnissioner Provo questioned if the EDA would market this prograrn to local businesses. Ms. Othoudt explained econornic developryient staff would partner with the schc)ol to assist in iump starting arid triarketirig the program, 6.2 Business Incubation Program N4s, OthOUdt presented her staff report. Presiderat 'I'veite felt the prog rani is a good opportunity for businesses alld "xorth researching filt-then Commissioner Olsen stated he supports the prograrn. ("ornrrilssioner Provo liked the idea of starting small with the program and seeing hc)w it goes and iiia kmg adlustmerits and. tailoring for E'lk River as ne.eded, Conarnissioner Wagticr questioned if staff was thinking of an initial invt°strrien,t similar to Stewartville of $30,000, M,, Othoudt indicated staff Nvill research. Discussion took place on kerne is of the progjam and whether it would fill a local need. ("Onselistis Ulas for staff to bring back additional information, including the target audience. 6,.3 Director"s Report Ms, OthOLICIt Pt1LSf..ntCd her Director's Rep ott, 7. they Business There was, no other business. 8. Adjournment 'J"herebeing rice further business, President'I'veite adjourned the niecting of the 1.1k. R-iver F"conomic Developtnent Authority at 6:05 psn. Ott I It IN'ATURIE 1'xonomic Developinew. Authority Nlinute's, Alnuaq, 20, 2018 MillLACS prepred by.jessica 'Miller, Dan 'I'veire, F.I.D.A President . ........ . ................... 'Fina Allard, (...,icy Clerk m LNATURE �----