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12-09-1996 EDA MIN e e e MEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, DECEMBER 9, 1996 Members Present: President Gongdll. Commissioners. Holmgren. Farber. Dwyer and Bender Members Absent: Commissioners Duitsman. Holmgren and Scheel Staff Present: Paul Steinman. Executive Oirector; and Debbie Kleckner. Recording Secretary 1. Call Meetina To Order Pursuant to due call and notice thereof. the meeting of the Elk River Economic Development Authority was called to order at 6:00 p.m. by President Gongoll. 2. Consider Aaenda COMMISSIONER BENDER MOVED TO APPROVE THE DECEMBER 9. 1996, EDA AGENDA. COMMISSIONER FARBER SECONDED THE MOTION. THE MOTION CARRIED 4~O. 3. Consider Consent Aaenda COMMISSIONER FARBER MOVED TO APPROVE THE CONSENT AGENDA AS FOLLOWS: 3.1 NOVEMBER 1996 EDA MINUTES ~ APPROVED 3.2 CHECK REGISTER ~ APPROVED COMMISSIONER DWYER SECONDED THE MOTION. THE MOTION CARRIED 4~O. 4. Ooen Mike No one appeared for this item. 5. Discussion - Strateaic PlanninQ Activities to be undertaken bv EDA Paul explained that the Strategic Planning Task Force has suggested the action planning for the industrial base issue be undertaken by the EDA in a worksession. The objective of the worksession will be to identify specific action items to increase the industrial base in: 1) west industrial. 2). east industrial. and 3) other (north). Jim Brimeyer. Strategic Planning Facilitator, will be present at the worksession. Paul explained six sample EDA Meeting Minutes December 9, 1996 Page 2 e action steps for the west industrial area as outlined in the staff report to the EDA dated December 5,1996. Set future worksession Monday. January 6. 1997 at 4 p.m. was determined as the date and time for the EDA Strategic Planning worksession. Paul will check to see that Terry Maurer and Steve Ach will be able to attend. Commissioner Holmgren noted changes in the taxing system for utilities such as NSP have been proposed which may have a significant impact on Elk River. Paul indicated he is maintaining contact with Michael Darger. Sherbume County Economic Development Coordinator, for any new information on this subject. 7. Uodate - Business Incubator Prqaram Guidefines Preliminarv Lease Issues e Commissioner Dwyer proposed the following changes to the sample tenant selection guidelines: I. (Basic Entry Guidelines) (4) - Rather than the words IIspecial consideration II. use "are encouraged". II. (Specific Application Guidelines) (1) - Reword to not exclude service high tech businesses such as computer programming. Application Form - The EDA may wish to require personal information on the owner of the business. since start-up businesses will have no financial track record. Commissioner Holmgren suggested there be identifying signage at the business incubator site. Paul indicated $3.000 has been budgeted for the first year for overall signage. and an additional amount each year thereafter for any tenant changes in signage. Paul noted Mr. Hickman would like a decision from the EDA regarding the amount of square footage required for the business incubator project (10.000 or 15.000 sq. ft.). Mr. Hickman has proposed the EDA finance the necessary restroom facilities, with the possibility of depreciating the costs if theEDA were to discontinue the program in two years. Paul indicated there may be other building owners in the city who are willing to participate in a business incubator project. ; tit 7. Other Business Anoka County Caoital Fund EDA Meeting Minutes December 9. 1996 Page 3 e Paul indicated on informational meeting has been held and it appears there may be commitments for approximately $125.000 in shores. A formal request has been submitted to UPA to participate in this fund. Former Osseo Broke Buildina Paul noted the closing for this property is scheduled for this week. A company will be relocating in this facility and purchasing additional acreage for expansion next year. Paul indicated he expects a micro loan fund request for the expansion. The company expects to hove 25 employees in the next couple months and up to 50 employees when the entire operation is relocated. 8. Adjournment There being no further business. COMMISSIONER FARBER 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 6:45 p.m. e Respectfully submitted. j2~~ Debbie Kleckner Recording Secretory e