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09-19-2022 EDA MINMeeting of the Elk River Economic Development Authority Held at the Elk River City Hall Monday, September 19, 2022 Members Present: President Dan Tveite, Commissioners Garrett Christianson, Matt Westgaard (5:33 p.m.), Mike Beyer, Jennifer Wagner, and Jeff Hartwig. Members Absent: Commissioner Charlie Blesener Staff Present: Economic Development Director Brent O'Neil, Economic Development Specialist Josh Mollan, and Deputy City Clerk Jolene Richter 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 5:32 p.m. by President Tveite. 2. Pledge of Allegiance Pledge of Allegiance was recited. 3. Consider Agenda Moved by Commissioner Wagner and seconded by Commissioner Beyer to approve the agenda. Motion carried 5-0. 4. Consider Consent Agenda Moved by Commissioner Hartwig and seconded by Commissioner Christianson to approve the following consent agenda: 4.1 August 15, 2022, Special and Regular EDA minutes. 4.2 Check register as outlined in the staff report. 4.3 Balance sheet as outlined in the staff report. 4.4 Revenue/expenditure reports as outlined in the staff report. Motion carried 6-0. S. Open Forum No one appeared for Open Forum. Economic Development Authority Minutes Page 2 September 19, 2022 6. Public Hearings There were no public hearing items. 7.1 2023 Budget and Goals Mr. O'Neil presented the staff report. Moved by Commissioner Westgaard and seconded by Commissioner Wagner to approve the 2023 EDA budget and goals and Resolution 22-03 establishing the EDA Tax Levy of $396,000 as outlined in the staff report. Motion carried 6-0. Commissioner Westgaard noted the need to amend the bylaws to adjust the budget meeting schedule. Mr. O'Neil acknowledged and stated they will be working on amending the bylaws to align the budget meeting schedule. 7.2 General Updates Mr. O'Neil presented the staff report. Mr. Mollan asked the commission what they would like to present to the winner of the Beautification Award. The commission discussed possible ideas such as a bench in a park with a plaque on the bench, a plaque with their name and the year they won in front of their business, gift certificates, and city swag. The consensus of the Commission was to be flexible with the business and offer them different options. Mr. O'Neil provided an update regarding Project Singularity. The project resurfaced with the project parameters such as the budget, employment and property size increasing significantly. Unfortunately, the Elk River site was eliminated due to not having the proper property size for the project. Mr. O'Neil stated staff he will be looking at how to position land for opportunities in the future for larger projects. The Together Elk River Campaign has been going smoothly, giving a positive message regarding the 169-construction project and updates. Expansion Solutions Magazine will have a digital ad placement with three different aspects of the city highlighted on a rotating ad. Mr. O'Neil and Mr. Mollan will be attending the following the Annual MN Car Expo in October, the Consultant Forum in December which is focused on site selection industry, and a training on best practices that the UMN Extension will be hosting. rp1/ERRII 1 i NA 1 UR Economic Development Authority Minutes September 19, 2022 Page 3 The 171" Avenue property has been cleaned up and showcases the property better. They are looking to do something similar to the Fox Haven property but are looking at costs and effectiveness. 8. Adjournment There being no further business, President Tveite adjourned the meeting of the Elk River Economic Development Authority at 5:50 p.m. Minutes prepared by Jolene Richter. Dan Tveite, EDA President Tina Allard, City Clerk NATURE URE