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03-18-2019 EDA MIN SPECIAL C0ity of hlk ,�� , Special Meeting of the Elk River River Economic Development Authority Held at the Elk River City Hall Monday,March 18,2019 Members Present: President Dan Tveite, Commissioners Charlie Blesener, Garrett Christianson,Matt Westgaard, and Jennifer Wagner Members Absent: Commissioners Bryan Provo Staff Present: Economic Development Director Amanda Othoudt,Economic Development Specialist Colleen Eddy,ERMU Conservation and Key Accounts Manager Tom Sagstetter,and Deputy Clerk Jessica Miller 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 5:00 p.m. by President Tveite. 2. Work Session-Energy Incentive Program • Ms. Othoudt presented the staff report. It was questioned if the developer should be responsible for costs associated with public hearings or legal fees. President Tveite indicated public hearings are only required when financial assistance exceeds$150,000 and suggested requiring legal fees for anything in excess of that amount.Mr. Sagstetter explained a project requiring over$150,000 financial assistance would be large and more than likely would require discussions a year or two in advance. Mr. Sagstetter suggested increasing the electric capacity for data centers to 500kW or 750kW per month. The EDA concurred. Commissioner Blesener questioned if the requirement for data centers to create jobs within two years should be included as it is for manufacturing. Ms. Othoudt indicated she will add language. Commissioner Ovall questioned if more general terms should be used for manufacturing. He explained he's envisioning distribution centers like Amazon or FedEx and manufacturing may not be as inclusive for businesses we may wish to attract. Commissioner Christianson concurred. • Ms. Othoudt suggested saying manufacturing and distribution. The EDA concurred. Discussion took place on making it clear in the policy whether or not business subsidy is required.Ms. Othoudt explained the attorney drafted the language. It was Economic Development Authority Minutes Page 2 March 18,2019 noted economic development staff will be able to assist the applicant and let them know what is required. The EDA concurred. Commissioner Blesener questioned if the word"if' should be removed under item 9 for payback for not meeting the job requirements. Ms. Othoudt indicated the attorney drafted the language so she will confirm. Commissioner Westgaard suggested changing"if required" to "as required"under item 9. Ms. Othoudt stated her next step is to incorporate changes discussed here tonight along with changes from Sherburne County Assistant Administrator Dan Weber and put on a future agenda for approval. Commissioners requested a clean copy be sent out after changes are made. 3. Adjournment There being no further business,President Tveite adjourned the meeting of the Elk River Economic Development Authority at 5:34 p.m. Minutes prepared by Jessica Miller. I Dan Tveite,EDA President • ,IZ71 Tina Allard, City Clerk • P ® ■ E R f 1 e T NATUREI