07-08-1991 EDA MIN
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MEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY
HELD AT THE ELK RIVER CITY HALL
MONDAY, JULY 8, 1991
Members Present:
President Gongoll, Commissioners Dietz, Kropuenske,
Holmgren, Tralle and Dwyer
Members Absent:
Commissioner Schuldt (Commissioner Schuldt due to
seminar attendance)
Staff Present:
Pat Klaers, Executive Director; Sandra Thackeray, City
Clerk; Bill Rubin, Economic Development Coordinator
1. Call Meetin~ To Order
Pursuant to due call and notice thereof, the meeting of the Elk River
Economic Development Authori ty was called to order at 7: 00 p. m. by
President Gongoll.
2. Consider 7/8/92 EDA A~enda
Item 10.1., Other Business, was added to the agenda.
COMMISSIONER TRALLE MOVED TO APPROVE THE 7/8/91 EDA AGENDA AS AMENDED.
COMMISSIONER HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 6-0.
3.
Consider 6/10/91 EDA Minutes
COMMISSIONER KROPUENSKE MOVED TO APPROVE THE 6/10/91 EDA MINUTES.
COMMISSIONER DWYER SECONDED THE MOTION. THE MOTION CARRIED 5-0-1.
Commissioner Holmgren abstained due to his absence at the 6/10/91
meeting.
4. Open Mike
No one appeared for this item.
5. Financial Update
Bill Rubin distributed the June monthly statement of the Revolving Loan
Fund. He indicated that the ending balance as of June 30, 1991, is
$150,819.41.
6. Approve Text of Marketin~ Brochure
Bill Rubin reviewed the draft Marketing Brochure with the EDA. He
indicated that the Marketing Committee has had an opportunity to review
and comment on the Brochure. He further indicated that the Marketing
Committee's suggestions are reflected in the draft Brochure.
The EDA reviewed the Marketing Brochure. Comments were made regarding
the fact that part of the Marketing Brochure tends to be geared to
residential residents. This was mentioned because of the services area
Economic Development Authority Minutes
July 8, 1991
Page 2
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which included telephone service numbers, garbage and
information, natural gas and electric information.
that the portion regarding the telephone services
brochure and that a portion regarding municipal sewer
be added.
recycling pick up
It was suggested
be cut from the
and water service
COMMISSIONER KROPUENSKE MOVED TO APPROVE THE TEXT OF THE MARKETING
BROCHURE CONTINGENT UPON CHANGES BEING MADE TO THE SERVICE AREA PORTION
OF THE BROCHURE. COMMISSION HOLMGREN SECONDED THE MOTION. THE MOTION
CARRIED 6-0.
7. Approve Mork Clinic TIF Reimbursement Request
Pat Klaers, Executive Director, indicated that the EDA had authorized
payment to Mork Clinic at the February 11 meeting for tree removal and
site grading related to their recent project. He further indicated
that Mork Clinic is seeking additional reimbursement. The Executive
Director stated that staff is willing to recommend additional
reimbursement of $4,750 for engineering and soil testing costs incurred
by Mork Clinic.
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COMMISSIONER TRALLE MOVED TO APPROVE AN ADDITIONAL $4,750 TO MORK
CLINIC AS REIMBURSEMENT FOR ENGINEERING AND SOIL TESTING COSTS UPON
SUBMITTAL OF THE CONTRACTOR'S DOCUMENTATION OF THE WORK BEING COMPLETED
AND THAT THERE BE NO FURTHER CLAIMS AGAINST THE CITY REGARDING THIS
MATTER. COMMISSIONER KROPUENSKE SECONDED THE MOTION. THE MOTION
CARRIED 6-0.
8.
Review TIF Policy Revisions
Bill Rubin indicated that he had drafted a Tax Increment Financing
Policy for Elk River which would replace the City's existing policy.
Discussion was held regarding Section V. Discussion was held regarding
how staff or the EDA would determine the subsidy percentage amounts and
how they would be prioritized. The EDA also discussed Section VI in
regard to the amount of the application fee. After discussion it was
the consensus that the application fee should remain at $5,000 and
further that it should be made very clear in this section that the
legal fees being referred to are the City's legal fees, not the
applicant's legal fees. It was also suggested that the fact that some
TIF's result in a reduction of state aid should be included in the
policy. It was further the consensus of the EDA that staff be allowed
to refine and review the percentages in Section V and further that once
the policy is complete, it be reviewed on a yearly basis.
9. Prospect Report
The Prospect Report, which was sent under separate cover, was discussed
by the EDA.
e 10. Executive Director Update
Pat Klaers, Executive Director, stated that the appraisal for the
Industrial Park property, which the City has been considering for
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Economic Development Authority Minutes
July 8, 1991
Page 3
purchase, has been received. He further indicated that it appears from
the appraisal that the purchase price of $260,000 for the entire park
is a reasonable figure.
Pat Klaers informed the EDA that Carol Mills has requested to appear
before the City Council for an update and information and that this
information would be forwarded to the two non Council EDA members.
Pat Klaers indicated that he has been informed by Mr. Gospodor's
Attorney that Mr. Gospodor paid $7,000 in park dedication fees for the
property that he is donating to the City. Mr. Gospodor is requesting
that the City reimburse him for the $7,000.
10.1.0ther Business
Jeff Gongoll requested the EDA to consider the possibility of
sponsoring a Chamber of Commerce membership for the EDA.
COMMISSIONER
MEMBERSHIP
IMMEDIATELY.
CARRIED 6-0.
HOLMGREN MOVED TO PURCHASE A CHAMBER OF
FOR THE ECONOMIC DEVELOPMENT AUTHORITY
COMMISSIONER KROPUENSKE SECONDED THE MOTION.
COMMERCE
EFFECTIVE
THE MOTION
11. Adjournment
There being no further business, COMMISSION HOLMGREN MOVED TO ADJOURN
THE MEETING. COMMISSIONER TRALLE SECONDED THE MOTION. THE MOTION
CARRIED 6-0.
The meeting of the Elk River Economic Development Authority adjourned at
8:35 p.m.
Respectfully submitted,
StL/Nl/LCL 'TlI {LCj.::~U~ OCJ~
Sandra Thackeray .
City Clerk