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01-21-1997 EDA MIN - SPECIAL e SPECIAL MEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, JANUARY 21, 1997 Members Present: President Dwyer. Commissioners Thompson, Duitsman, Gongoll and Bender. Commissioner Holmgren arrived at 5: 1 0 p.m. Members Absent: Commissioner Farber Staff Present: Paul Steinman, Executive Director; Pat Klaers, City Administrator; Terry Maurer, City Engineer; Steve Ach, City Planner; and Debbie Kleckner, Recording Secretary 1. Call Meetino To Order Pursuant to due call and notice thereof, the meeting of the Elk River Economic Development Authority was called to order at 4: 10 p.m. by President Dwyer. 2. Review and Discuss Criteria of the Eiqht Alternative 1-1 /BP Areas Paul reviewed the criteria for each of the eight alternative industrial/business park areas, as outlined in his report to the EDA dated January 13, 1997. e The EDA Commissioners rated each of the eight of areas in the following order of priority: Priority Area # Number of Rankino Points 1 Area 6 32 2 Area 7 31 3 Area 1 31 4 Area 3 22 5 Area 8 20 6 Area 5 18 7 Area 2 14 8 Area 4 5 Discussion followed regarding information about the percentages of 11, 12 and BP zoned areas in Elk River. as compared with other communities. 3. Review and Modify Sample Action Plan - Industrial Base e Paul distributed a concept action plan for increasing the city's industrial base. He reviewed the phasing concept related to each of the 4 areas of discussion including the West Elk River Business Park, the County Rd. 12/13 area, East Highway way 10, north Highway 169, and "other" areas. He noted the plan would change significantly based on this evening's discussions. Discussion of the various areas followed including phasing, extension of utilities, willingness of property owners to participate in industrial development. and joint development agreements. Special EDA Meeting Minutes January 21, 1997 Page 2 e Pat Klaers indicated if an agreement cannot be reached with a property owner, the city would then move on to the next industrial site for possible development. Utility extension prior to industrial development for the west Highway 10 area was discussed. Pat Klaers indicated the draft of Phase 3 of the western area utilities feasibility study will be presented to the City Council later this month. He explained the trunk line is proposed to run down the center point between County Road 30 and Highway 10 out to end at Waco, and the laterals will run north and south to the corner of Waco and Highway 10 and Waco and County Road 30. A lateral system will run under the frontage road along Highway 10. The lateral extension would need to be completed before street construction could begin. Members of the group were in agreement that joint development agreements could be tailored to each individual site negotiation. Discussion followed regarding factors to consider when determining fair market value. Terry Maurer indicted the timing of the projects will be dependent on the completion of the improvements. Terry explained the process takes time to complete, beginning with the feasibility study, public hearing process and the construction itself. e Members of the Commission expressed their approval of the action plan concept presented by Paul. Paul noted he will revise the concept based on their discussion and bring the concept back to the EDA at a later date. Paul indicated the Strategic Planning Task Force will meet on Wednesday, February 5 from 3 - 6 p.m. 4. Adiournment There being no further business, Chair Dwyer adjourned the meeting. The January 21, 1997 EDA Special Meeting adjourned at 5:42 p.m. Respectfully submitted, 4JJkY)6~ Debbie Kleckner Recording Secretary e