11-09-1998 EDA MIN
MEETING OF THE ELK RIVER
ECONOMIC DEVELOPMENT AUTHORITY
HELD AT THE ELK RIVER CITY HALL
e MONDAY, NOVEMBER 9, 1998
Members Present: President Duitsman, Commissioners Gongoll, Bender, Thompson,
Dwyer, and Holmgren
Members Absent: Commissioner Farber
Staff Present: Paul Steinman, Executive Director; Sandra Peine, City Clerk
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 6: 15 p.m. by President Duitsman.
2. Consider Aoenda
COMMISSIONER BENDER MOVED TO APPROVE THE 11/9/98 EDA AGENDA.
COMMISSIONER DWYER SECONDED THE MOTION. THE MOTION CARRIED 6-0.
3. Consider Consent Aoenda
COMMISSIONER DWYER MOVED TO APPROVE THE CONSENT AGENDA AS FOLLOWS:
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3.1.
10/12/98 WORKSESSION MINUTES - APPROVED
10/12/98 EDA MINUTES - APPROVED
10/26/98 SPECIAL EDA MINUTES - APPROVED
CHECK REGISTER - APPROVED
3.2.
COMMISSIONER BENDER SECONDED THE MOTION. THE MOTION CARRIED 6-0.
4. Open Mike
No one appeared for this item.
5. Central Minnesota Initiative Fund Contribution
Executive Director Paul Steinman indicated that in 1997 the EDA and City Council
contributed $5,000 to the Central Minnesota Initiative Fund. Paul Steinman
indicated that he felt the $5,000 contribution is an appropriate level of
contribution from the City of Elk River and recommended denying the request for
an additional contribution.
COMMISSIONER BENDER MOVED TO DENY THE CENTRAL MINNESOTA INITIATIVE
FUND'S REQUEST FOR AN ADDITIONAL CONTRIBUTION IN THE AMOUNT OF
APPROXIMATELY $14,000 AND TO AUTHORIZE STAFF TO PROVIDE A LETTER
EXPLAINING SUCH ACTION TO THE CENTRAL MINNESOTA INITIATIVE FUND.
COMMISSIONER THOMPSON SECONDED THE MOTION. THE MOTION CARRIED 6-0.
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6.
Recommendation to Council on Sherburne County Business Development Fund
Executive Director Paul Steinman indicated that the Director of Economic
Development from Sherburne County is requesting an EDA/City Council
commitment to the Sherburne County Business Development Fund. He explained
Elk River Economic Development Authority Minutes
November 9. 1998
Page 2
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that the request is to have the city pledge to invest up to $250,000 in FDIC insured
certificates of deposit with area banks to create a pool of funds to attract and
retain industrial and manufacturing businesses in Sherburne County. Paul
Steinman indicated that staff is recommending approval of this request.
COMMISSIONER GONGOLL MOVED TO REQUEST THE CITY COUNCIL TO PARTICIPATE
AS AN INVESTOR IN THE SHERBURNE COUNTY BUSINESS DEVELOPMENT PROGRAM BY
PLEDGING TO COMMIT $250,000. COMMISSIONER DWYER SECONDED THE MOTION.
THE MOTION CARRIED 6-0.
7. Public Informational Meetino Reoardino Relocation of Post Office
Representatives from the post office were present to discuss the potential
relocation of the Elk River Post Office. The reason for relocation is due to the need
to expand the operation in order to enhance the quality of postal services
provided to the community. Paul Steinman noted that members of the HRA were
present this evening. He indicated that the HRA is in the process of completing a
comprehensive central business district plan study and stated that the current
post office is within the boundaries identified for the central business district.
Discussion was held by the EDA and the HRA regarding the relocation of the post
office.
President Duitsman opened the meeting to the public.
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Concerns were voiced by members of the HRA regarding its desire to see the post
office remain in the downtown area.
COMMISSIONER GONGOLL MOVED TO CONSIDER A MOTION IN SUPPORT OF THE
POSTAL SERVICE MAINTAINING A PRESENCE IN THE CBD AND AUTHORIZING STAFF
TO WORK WITH THE POST OFFICE TO ENSURE ITS PRESENCE IN THE CBD.
COMMISSIONER HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 6-0.
President Duitsman closed the public hearing.
8. Other Business
There was no other business.
9. Adiournment
There being no further business, COMMISSIONER BENDER MOVED TO ADJOURN THE
MEETING. COMMISSIONER HOLMGREN SECONDED THE MOTION. THE MOTION
CARRIED 6-0.
The meeting of the Elk River Economic Development Authority was adjourned at
6:55 p.m.
Respectfully submitted,
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~Gl-
Sandra Peine ~aU:A
City Clerk