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4.1. EDA DRAFT MINUTES 09-21-2020 VA City of Elk Meeting of the Elk River River Economic Development Authority Held at the Elk River City Hall Monday, August 17, 2020 Members Present: President Dan Tveite, Commissioners Garrett Christianson,Nate Ovall,Jennifer Wagner, and Jeff Hartwig Members Absent: Commissioners Matt Westgaard and Charlie Blesener Staff Present: Economic Development Director Amanda Othoudt, Economic Development Specialist Colleen Eddy„Planning Manager Zack Carlton, and City Clerk Tina Allard 1. Call Meeting to Order A0 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. Pledge of Allegiance Pledge of Allegiance was recite 3. Consider Agen %h�, Item 7.3 was removed from the ageri Moved by Commissioner Wagner and seconded by Commissioner Ovall to approve the agenda as amended. Motion carried 5-0. . 4. Consider Consent Agenda Moved by Commissioner Ovall and seconded by Commissioner Hartwig to approve the following consent agenda: 4.1 Minutes ■ June 15, 2020 Regular ■ June 29, 2020 Special ■ July 6, 2020 Closed ■ July 15, 202 Special ■ July 20, 2020 Regular 4.2 Check register as outlined in the staff report. 4.3 Balance sheet as outlined in the staff report. 4.4 Revenue/expenditure report as outlined in the staff report. Economic Development Authority Minutes Page 2 August 17,2020 ----------------------------- Motion carried 5-0. S. Open Forum No one appeared for Open Forum. 6. Public Hearings There were no public hearing items. 7.1 Chamber of Commerce Business Survey Mr. Carlton presented the staff report. Commissioner Ovall encouraged staff to make phone calls prior to sending written letters,which can seem more impersonal. He stated people remember how you made them feel and further will relay their opinions to neighbors. Commissioner Wagner concurred. Noe Mr. Carlton agrees when it comes to businesses° noting residential owners can be more difficult to reach. He stated the initial letter is written softly to try an open a conversation about issues. Commissioner Christianson questioned )' S%uCc!ss§IshW'6uId be measured in 6-9 months noting he would like to see feedback. Commissioner Ovall asked the Chamber of Commerce and businesses to provide feedback. He further asked for communication with regards to specific issues and examples, such as if the city timeline seems wrong,then he'd like to see specific examples from another city to see what their process is and how their timing is %;.different from Elk River.:; emission consensus was e issues have been addressed and follow up will be continuous. 7.2 Together Elk River Campaign Ms. Eddy presented the staff report. Commissioner Wagner modeled the branded face gator. Moved by Commission Ovall and seconded by Commissioner Hartwig to approve an additional$950 to the Together Elk River Campaign. Motion carried 5-0. UREJ Economic Development Authority NEnutes Page 3 August 17,2020 ----------------------------- 7.3 Public Art Contract with Milligan Studio This item was removed from the agenda. 7.4 Strategic Plan Ms. Eddy presented the staff report. 7.5 2021 EDA Budget and Resolution Establishing EDA Levy Ms. Othoudt presented the staff report. Ms. Eddy discussed the need for drone footage and an interactive ARC GIS based program. �� 'X Commissioner Wagner questioned the return on investment and felt more information was needed so she would like to see a demo about the drone program before deciding. Commissioner Ovall requested future discussion about the wetlands credit program. He stated he is not sure how comfortable he is with using it and already having a property in mind. He stated he would like to know what regulatory issues must be considered, or if there is certain guidance on what to look for in acquiring a property for wetland credit and allocation. He questioned if this is something that should be opened to the community or if there are other properties that could use it verse talking to only one property owner. Moved by Commissioner Wagner and seconded by Commissioner Hartwig to continue this item to the next meeting. Motion carried 5-0 7.6 :`Resolution Establishing 2021 Referendum Tax Levy as Approved by Voters for Recreational Facility Leased to the YMCA Ms. Othoudt presented the staff report. President Tviete noted this was approved many years ago via voter referendum but the Authority is required to approve each year. Moved by Commissioner Wagner and seconded by Commissioner Ovall to adopt Resolution 20-09 establishing the 2020 referendum tax levy as approved by voters for a recreational facility to be leased to the YMCA. Motion carried 5-0. p 0 W I R 1 9 ® r NATURE] Economic Development Authority Minutes Page 4 August 17,2020 ----------------------------- 7.7 Director Report Ms. Othoudt presented the staff report. 7.8 Covid-19 Small Business Emergency Microloan Program Ms. Othoudt presented the staff report. Commissioner Wagner expressed surprise that the CARES Act funds have been identified for allocation and she questioned how it looks as she feels it is very important to help businesses. She noted many businesses that did not qualify for this program have seen a significant decrease in their revenues and are having to make unexpected purchases for personal protective equipment, such as face masks and plexi-shields. She asked if there is an opportunity to adjust the eligibility of the program. She stated she was hoping the Authority could be reimbursed with CARES funding. Ms. Othoudt stated the loan program " e modified with the understanding the Authority may not get CARES funds. She noted when the program was first created the Authority knew they would be using their own funds. She questioned if the Authority wanted to continue knowing the county has two programs available that are robust. She stated the Authority *neebetwor de onstrate a need for the program extension. President Tviete stated a lot of def 'ed out if the program is to be expanded. He is unsure at this point of the direction to go. Commissioner Ovall stated he is fine with what is currently allocated but he would be willing to review further if the Authority would qualify for some CARES reimbursement. He noted there will be impacts for the 169 Redefine project,which are currently unknown. Commissioner Wagner stated there are many businesses who do not qualify for the current loan program but are still hurting. Ms. Othoudt stated the Authority needs to identify the businesses who would qualify under an expanded program. She stated there are some options to measure need, such as gross revenue/loss,but more work would be required on how to implement it. Commissioner Ovall questioned if there was any pattern for the 6 applicants who did not get approval. Ms. Othoudt stated it was retail and a gas station. Commissioner Christianson stated he is fine with the original loan program not knowing about the CARES reimbursement. l P 0 W I R 1 0 0 Y UREJ Economic Development Authority Minutes Page 5 August 17,2020 ----------------------------- Ms. Othoudt stated she is not asking for more funding to be released but questioning the business eligibility list. President Tviete noted there is approximately$102,000 remaining in the loan fund with three months into the program. He stated he would be open to getting some recommendations on program expansion for businesses but limit it to the $200,000 already allocated unless CARE funding becomes available. Commission consensus directed staff to come forward with a recommendation of eligible uses. 8. Adjournment At There being no further business, President Tveite adjourned the meeting of the Elk River Economic Development Authority at 6:32 p.m. Dan Tveite,EDA President Tina Allard, City Clerk UREJ