01-29-1990 EDA MIN
MEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY
HELD AT THE ELK RIVER CITY HALL CONFERENCE ROOM
MONDAY, JANUARY 29, 1990
Members Present:
Chairman Tralle, Commissioners Holmgren, Dobel, Schuldt
and Kropuenske
Members Absent:
None
Staff Present:
Pat Klaers, City Administrator; Dick Fursman, Economic
Development Coordinator
1. Call Meetin~ to Order
Pursuant to due call and notice thereof, Chairman Tralle called the
meeting of the Economic Development Authority to order at 6:45 p.m.
2. Consider 1/29/90 EDA A~enda
It was the consensus of the EDA that the agenda was acceptable as
submitted.
3. Consider 1/~/90 EDA Minutes
COMMISSIONER HOLMGREN MOVED TO APPROVE THE 1/8/90 EDA MINUTES.
COMMISSIONER KROPUENSKE SECONDED THE MOTION. THE MOTION CARRIED 4-0-1.
Commissioner Dobel abstained as he was absent from this meeting.
4. Mork Clinic Develop~~~~ement
Dick Fursman, Economic Development Coordinator, explained that the EDA
must approve the Redevelopment Agreement between the City of Elk River
and Anoka Medical Properties. He indicated that there has been a few
cosmetic changes made to the original agreement, but that the changes
do not alter the potential liabilities to the City. A copy of the
Redevelopment Agreement is attached with these minutes.
COMMISSIONER KROPUENSKE MOVED TO ADOPT THE TAX INCREMENT FINANCING
REDEVELOPMENT AGREEMENT BETWEEN THE CITY AND ANOKA MEDICAL PROPERTIES.
COMMISSIONER DOBEL SECONDED THE MOTION. THE MOTION CARRIED 5-0.
5. Other Busines~
The Economic Development Coordinator informed the EDA that there will
be a meeting on February 12, 1990. Topics for the meeting include
final adoption of motel TIF, discussion on EDA applicants, and adoption
of the 3 bylaw changes discussed by the EDA on 1/8/90.
Economic Development Authority Minutes
January 29, 1990
Page 2
6. Adjournment
There being no further business, COMMISSIONER DOBEL MOVED TO ADJOURN
THE MEETING. COMMISSIONER HOLMGREN SECONDED THE MOTION. THE MOTION
CARRIED 5-0.
The meeting of the Elk River Economic Development Authority adjourned at
7:05 p.m.
Re~~ectfu:lY submitted,
0. r~ . a~dkd-.-e~A7~.
~dkeray
City Clerk