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07-26-1993 EDA MIN - SPECIAL . . . SPECIAL MEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, JULY 26, 1993 Members Present: President Gongoll, Commissioners Dwyer, Duitsman, Dietz, Farber, and Holmgren Members Absent: commissioner Scheel Staff Present: Lori Johnson, Finance Director; Pat Klaers, Executive Director; Bill Rubin, Economic Development Coordinator; Sandra Thackeray, City Clerk 1. Call Meeting To Order Pursuant to due call and notice thereof, the special meeting of the Economic Development Authority was called to order at 7:35 p.m. by President Gongoll. 2. Consider 7/26/93 EDA Agenda Item S.a, "Presentation to an Industrial Prospect" was added to the agenda. COMMISSIONER DWYER MOVED TO APPROVE THE 7/26/93 EDA AGENDA AS AMENDED. COMMISSIONER HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 6-0. 3. Discussion on Elk River Video Presentation Bill Rubin stated that the purpose of this special meeting was to discuss the goals and uses of an Elk River EDA video presentation. He stated that he has grouped the uses of a video presentation into four broad categories which include recruitment, initial overview, supplemental information, and general marketing. President Gongoll suggested that the presentation include the City's lakes and rivers and also businesses which have located in Elk River and expanded. He further suggested including a mix of the residential homes in Elk River. Bill Rubin provided the EDA with sample videos to stated that he called two communities to Diversified Marketing Resource, Inc., and received both communities. view. He further check references on good references from Commissioner Dwyer questioned whether Bill companies to see whether the City was quoted Diversified Marketing Resource, Inc. Rubin was a had checked other fair price from The Executive Director stated that the EDA should consider retaining the EDA's potential vendor for this project, Diversified Marketing Resource, Inc., on an ongoing basis so as to include events such as the Community Festival, Fourth of July, etc., in the City's video. . . . It was the consensus of the EDA to bring this issue back to the August EDA meeting with cost references so that the EDA can determine if the price quoted by Diversified Marketing Resource is a competitive price. The EDA indicated that it would enter into a contract with Diversified Marketing Resources at that time if it is determined that the cost is satisfactory. 4. Consider Action on Certified Development Company for Sherburne County Bill Rubin requested that the EDA consider rescinding Resolution 93-2 which requests that the Coon Rapids Development Company extend its service territory to include the corporate limits of Elk River, Minnesota. He stated that at a previous EDA meeting, the EDA was advised that the Coon Rapids Development Company had significantly changed its expansion proposal which necessitated the exploration of other multi-county certified development companies to ascertain a willingness to expand into Sherburne county. He indicated that such a development company had been identified. It is called Twin Cities-Metro Certified Development Company (TC-M CDC). He stated that TC~M CDC gave a presentation to representatives from Wright and Sherburne Counties and that this group collectively decided that it was in the best interest of both counties to request TC-M CDC to expand its service territory to include Wright and Sherburne Counties. COMMISSIONER DUITSMAN MOVED TO RESCIND RESOLUTION 93-2, A RESOLUTION REQUESTING THAT THE COON RAPIDS DEVELOPMENT COMPANY EXTEND ITS SERVICE TERRITORY TO INCLUDE THE CORPORATE LIMITS OF ELK RIVER, MINNESOTA. COMMISSIONER HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 6-0. COMMISSIONER DIETZ MOVED TO ADOPT RESOLUTION 93-3, A RESOLUTION REQUESTING THAT THE TWIN CITIES-METRO CERTIFIED DEVELOPMENT COMPANY EXTEND ITS SERVICE TERRITORY TO INCLUDE THE CORPORATE LIMITS OF ELK RIVER, MINNESOTA. COMMISSIONER DUITSMAN SECONDED THE MOTION. THE MOTION CARRIED 6-0. 5.a Presentation and Proposal to an Industrial Prospect Bill Rubin stated that there is an industrial company interested in expanding its operation in the Elk River area. The company has requested that civic leaders make a formal presentation to the Board of Directors. It was the consensus of the EDA that Commissioner Dwyer would attend along with the City Engineer, the Economic Development Coordinator, and possibly, Brian Moran (representing Elk River's industrial sector) and Jim Simpson (representing financial institutions and the Utility Commission). 6. Adjournment There being no further business, COMMISSIONER DIETZ MOVED TO ADJOURN. COMMISSIONER HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 6-0. . . . The meeting of the Elk River Economic Development Authority adjourned at 7:55 p.m. Respectfully submitted, S~ke~~ City Clerk