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12-19-2022 EDA MINMembers Present: Members Absent: Others Present: Meeting of the Elk River Economic Development Authority Held at the Elk River City Hall Monday, December 19, 2022 President Dan Tveite, Commissioners Garrett Christianson, Matt Westgaard, Jennifer Wagner, Jeff Hartwig, and Charlie Blesener Commissioner Mike Beyer Ryan Hardin, Hardin Companies 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 5:30 p.m. by President Tveite. 2. Pledge of Allegiance Pledge of Allegiance was recited. 3. Consider Agenda Moved by Commissioner Westgaard and seconded by Commissioner Hartwig to approve the agenda. Motion carried 7-0. 4. Consider Consent Agenda Moved by Commissioner Blesener and seconded by Commissioner Wagner to approve the following consent agenda: 4.1 November 21, 2022, 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 report as outlined in the staff report. Motion carried 7-0. Economic Development Authority Minutes December 19, 2022 S. Open Forum No one appeared for Open Forum. 6. Public Hearings There were no public hearing items. 7.1 Presentation — Beautification Committee Award Winner Mr. Mollan presented the staff report. Page 2 Antonio Kuklok, Three Rivers Montessori, expressed his gratitude for the award and thanked the family who worked on the pollinator garden. 7.2 EDA Properties Update and 2023 Brokerage Mr. O'Neil presented the staff report and introduced Ryan Hardin of Hardin Companies. Mr. Hardin gave an update regarding the Tyler Street property and noted the interested party withdrew from the purchase agreement. The commission discussed the brokerage contract, which is set to expire in January 2023. Mr. O'Neil asked the commission for direction. The commission agreed to continue with the contract into next year. Mr. O'Neil will draft an agreement and bring it back for the January meeting. 7.3 2023 Annual Meeting Discussion Mr. O'Neil presented the staff report. Mr. O'Neil discussed action items to be undertaken at the annual meeting in January and asked the commission if they had feedback on any items ahead of the meeting. Commissioners indicated their satisfaction with processes from annual meetings in the past and did not suggest any changes to the upcoming annual meeting. 7.4 General Updates Mr. O'Neil provided updates on various items. Mr. O'Neil invited Mr. Mollan to share with the commission regarding the MidAmerican Economic Council Conference he attended in Chicago. NA 1 OU IiR Economic Development Authority Minutes December 19, 2022 Page 3 Mr. O'Neil and Mr. Mollan attended the Real Estate Journal Forum Conference. Mr. O'Neil stated that it was good to see trends in other cities and what are the difficulties in other communities. Mr. O'Neil stated there are no website updates at this time. Mr. O'Neil gave an updated regarding 2023 Together Elk River and 169 Redefine campaigns. They will be doing an inventory of billboards to use during the 169 project. Mr. O'Neil talked about the Community Economic Development Strategy, a 5-year document that is a requisite to apply for federal funding/grants through EDA. Led by the four counties in Region 7W, Mr. O'Neil and Mr. Mollan attended some meetings that discussed this document along with other counties within the region. Commissioner Blesener inquired to the degree housing was incorporated into the plan and promoted housing as a critical need to facilitating economic development. Mr. O'Neil expressed his gratitude to Commissioner Christianson for his service to the EDA, and President Tveite expressed his thanks to Commissioner Christianson's contributions over the last four years. 8. Adjournment There being no further business, President Tveite adjourned the meeting of the Elk River Economic Development Authority at 5:54 p.m. Minutes prepared by Jolene Richter Dan Tveite, EDA President if i Tina Allard, City Clerk rpO■ERII IT NATURE