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01-10-2000 EDA MIN e ANNUAL MEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, JANUARY 10, 2000 Members Present: President Dwyer, Commissioners Bender, Thompson, Motin, and Klinzing Members Absent: Commissioners Gongoll and Farber Staff Present: Paul Steinman, Executive Director; Marc NevinskL Assistant Director of Economic Development; Sandra Peine, City Clerk 1. Call Meetinq To Order Pursuant to due call and notice thereot the annual meeting of the Elk River Economic Development Authority was called to order at 6 p.m. by President Dwyer. e 2. Consider Aqenda COMMISSIONER KLINZING MOVED TO APPROVE THE 1110/00 AGENDA. COMMISSIONER BENDER SECONDED THE MOTION. THE MOTION CARRIED 5-0. 3. Consider Consent Agenda COMMISSIONER MOTIN MOVED TO APPROVE THE CONSENT AGENDA AS FOLLOWS: 3.1. 12/13/99 REGULAR EDA MEETING MINUTES - APPROVED 3.2. CHECK REGISTER - APPROVED COMMISSIONER THOMPSON SECONDED THE MOTION. THE MOTION CARRIED 5-0. 4. Open Mike No one appeared for this item. 4A. Sportech Presentation President Dwyer presented Chris Carlson, owner of Sportech, a framed copy of an advertisement. The advertisement related to Sportech locating its expansion project in the city of Elk River. . Economic Development Authority Minutes Januarv 10. 2000 Page 2 e 5. Annual Meetinq Issues A. Election of Officers COMMISSIONER KLINZING MOVED TO NOMINATE THE SAME SLATE OF OFFICERS FOR THE YEAR 2000 THAT SERVED IN 1999 AS FOLLOWS: PRESIDENT - PAT DWYER VICE PRESIDENT - JEFF GONGOLL TREASURER - LARRY FARBER SECRETARY - DARYL THOMPSON ASSISTANT TREASURER - PAUL MOTIN COMMISSIONER BENDER SECONDED THE MOTION. THE MOTION CARRIED 5-0. B. Appoint Executive Director COMMISSIONER BENDER MOVED TO APPOINT SHORT-TIMER STEINMAN AS THE EXECUTIVE DIRECTOR THE EDA. COMMISSIONER MOTIN SECONDED THE MOTION. THE MOTION CARRIED 5-0. C. Desiqnate Official Newspaper e COMMISSIONER KLINZING MOVED TO DESIGNATE THE ELK RIVER STAR NEWS AS THE EDA'S OFFICIAL NEWSPAPER FOR 2000. COMMISSIONER THOMPSON SECONDED THE MOTION. THE MOTION CARRIED 5-0. D. Desiqnate Official Depositories COMMISSIONER MOTIN MOVED TO DESIGNATE THE FOLLOWING BANKS AND INSTITUTIONS AS DEPOSITORIES FOR ITS FUNDS FOR THE YEAR 2000: FIRST NATIONAL BANK OF ELK RIVER 4M FUND NORWEST BANK THE BANK OF ELK RIVER USBANKS COMMISSIONER KLINZING SECONDED THE MOTION. THE MOTION CARRIED 3- 0-2. Commissioners Bender and Dwyer abstained. E. Consider Commission Appointments and Assiqnments COMMISSIONER KLINZING MOVED THE FOLLOWING APPOINTMENTS: e FINANCE COMMITTEE JIM SIMPSON TOM MCNAIR TOM BENDER JEFF GONGOLL DAN TVEITE Economic Development Authority Minutes January 10. 2000 Page 3 e CLIFF LUNDBERG PAUL MOTIN BUSINESS INCUBATOR ADVISORY COMMITTEE STEPHANIE KLINZING JEFF GONGOLL DARYL THOMPSON LARRY HICKMAN JIM BARTHEL JACK MOWRY MARKETING COMMITTEE JIM BARTHEL GARY SANTWIRE CHRIS CARLSON RENEE SANDE DAVID FLANNERY JIM SIMPSON DARYL THOMPSON COMMISSIONER BENDER SECONDED THE MOTION. THE MOTION CARRIED 4-0- 1. Commissioner Motin abstained. F. Review Enablina Resolution/Bylaws e COMMISSIONER THOMPSON MOVED TO APPROVE THE BYLAWS AS PRESENTED. COMMISSIONER MOTIN SECONDED THE MOTION. THE MOTION CARRIED 5-0. 6. Community Venture Network Membership COMMISSIONER BENDER MOVED TO AUTHORIZE STAFF TO SEND A LETTER TO PELSTRING CAPITAL CORPORATION CANCELING THE MEMBERSHIP IN THE COMMUNITY VENTURE NETWORK PROGRAM AND REQUESTING A PRORATED REFUND IN THE AMOUNT OF APPROXIMATELY $2.000. COMMISSIONER THOMPSON SECONDED THE MOTION. THE MOTION CARRIED 5-0. 7. Rotary Committee Presentation Executive Director Paul Steinman noted that the Rotary Club Committee has submitted a proposal for the construction of a paddlewheel barge replica at the base of the vacant lot located at Main Street and Jackson Avenue. Paul Steinman recommended that the HRA consider the overall plan for the downtown area first and secondly decide how this proposal fits that plan. Cliff Lundberg gave a presentation of the project. He indicated that the Rotary Club is proposing that the city fund the project and that the Rotary Club Committee will reimburse the city as the committee undertakes fundraising projects for that purpose. e Economic Development Authority Minutes Januarv 10. 2000 Page 4 e Char Barder indicated that the people associated with the Rivers Edge are in favor of this project as a group. Tony Mikols indicated that the Rotary Club Committee is very interested in this project. Commissioner Motin stated that there are members of the Rotary Club who are not in favor of the project and further that the Rotary Club has not approved the project. Commissioner Dwyer stated that he had a concern regarding whether the project would blend in with what is planned for the downtown area and further stated his concern that the loan does not turn into a grant. Commissioner Bender stated that he felt the project is premature and that a master plan should be considered. Commissioner Klinzing stated that she is in favor of the project. She indicated that there is a group of people showing interest in doing the project and further that any other future plans for the area could be worked around the paddle boat project. Julie Kastendick indicated that the city needs a plan for public space and further noted that the council should consider investing in the downtown area. Commissioner Thompson suggested that the group first raise the money for the project to give the EDA some type of idea as to the interest in the project. e 8. Other Business Executive Director Paul Steinman noted that MAS Technologies recently went out of business leaving a vacancy in the Business Incubator. 9. Adiournment There being no further business, COMMISSIONER MOTIN MOVED TO ADJOURN THE MEETING. COMMISSIONER KLINZING SECONDED THE MOTION. THE MOTION CARRIED 5-0. The meeting of the Elk River Economic Development Authority was adjourned at 6:58 p.m. ~~~ Sandra Peine City Clerk e