01-13-1997 EDA MIN
MEE,!'ING OF THE ELK RIVER
ECONOIVIIC DEVELOl?MENT AUTHORITY
HELD AT THE ELK RIVER CITY HALL
MONDAY, JANUARY 13, 1997
Members Present:
President Gangal!, Commissioners Holmgren, Farber, Thompson,
Duitsman, Dwyer and Bender
Mernbers Absent:
None
Staff Present:
Paul Steinman, Executive Director; and Debbie Kleckner,
Recording Secretary
1 . Call tlleetinq To Order
Pursuant to due call and notice thereof, the meeting of the Elk River Economic
Developnient Authority was called to order at 6:00 p.m. by President Gangal!.
2. Consider Aqenda
COMMISSIONER FARBER MOVED TO APPROVE THE JANUARY 13, 1997 EDA AGENDA.
COMMISSIONER BENDER SECONDED THE MOTION. THE MOTION CARRIED 7..0.
3. Consider Consent Aqenda
COMMISSIONER FARBER MOVED TO APPROVE THE CONSENT AGENDA AS FOllOWS:
3.1 DECEMBER 9, 1996 EDA MINUTES - APPROVED
3.2. JANUARY 6, 1997 SPECIAL EDA MEETING MINUTES.. APPROVED
3.3 CHECK REGISTER - APPROVED
COMMISSIONER DWYER SECONDED THE MOTION. THE MOTION CARRIED 7..0.
4. Open Mike
No one appeared for this item.
5. Annual Meetinq Items
o. Confirmation and Recoonition of New EDA Member, Daryl Thomoson
Chair Gongoll introduced Daryl Thompson as the newly appointed
Councilmember and EDA Comrrlissioner representing Ward 2.
b. Election of Officers
COfliNtlSSIONER GONGOLL MOVED TO ELECT PAT DWYER AS EDA
CHAIRPERSON. COMMISSIONER HOLMGREN SECONDED THE MOTION. THE
MOTION CARRIED 6-0-1. COfAMISSIONER GONGOLL ABSTAINED.
EDA Meeting Minutes
January /3 1997
Page 2
COMMISSIONER GONGOLL MOVED TO ELECT TOM BENDER AS EDA VICE
CHAIR. COMMISSIONER HOlA-~GREN SECONDED THE MOTION. THE MOTION
CARRIED 6..0..1. COMMISSIONER BENDER ABSTAiNED.
COMMISSIONER HOLMGREN MOVED TO ELECT LARRY FARBER AS EDA
TREASURER. COMMISSIONER DWYER SECONDED THE MOTION. THE MOTION
CARRIED e...Q..l. COMMISSIONER FARBER ABSTAINED.
COMMISSIONER DWYER MOVED TO ELECT DARYL THOMPSON AS EDA
SECRETARY. COMMISSIONER HOLMGREN SECONDED THE MOTION. THE
MOTION CARRIED 6..0-1. COMMISSIONER THOMPSON ABSTAINED.
c. Appoint Executive Director
COMMISSIONER GONGOLL MOVED TO APPOINT PAUL STEINMAN EDA
EXECUTIVE DIRECTOR. COMMISSIONER THOMPSON SECONDED THE
MOTION. THE MOTION CARRIED 7..0.
d. Desionate Official Newspr)per
COMMISSIONER GONGOLl MOVED TO DESIGNATE THE ELK RIVER STAR
NEWS AS THE EDA'S OFFICIAL NEWSPAPER. COMMISSIONER BENDER
SECONDED THE MOTION. THE MOTION CARRIED 7-0.
e. Desiqnate Official Depositories
COMMISSIONER BENDER MOVED TO DESIGNATE THE FOLlO\AJING
BANKS/INSTITUTIONS AS EDA OFFICIAL DEPOSITORIES FOR 1997:
THE BANK OF ELK RIVER
4M FUND
FIRSTBANK, N.A.
FIRST NATIONAL BANK OF ELK RIVER
NORWEST BANK
MARQUETTE BANK
COMMISSIONER HOLMGREN SECONDED THE MOTION. THE MOTION
CARRIED 6-0..1. CHAIR DWYER ABSTAINED.
f. Consider Committee Appointments/ Assiqnments
Chair Dwyer indicated he felt the Finance Committee should be
appointed at this time, but suggested the other committees be named at
a later date, as needed. He further suggested that an advisory
committee be named for the business incubator project.
COMMISSIONER DUITSMAN MOVED THE EDA APPOINT THE FOLLOWING
MEM-BERS TO THE FINANCE C()MMITTEE: LLOYD BRUTLAG, JIM SIMPSON,
TOM MCNAIR, BUD HOULTON A~~D TOM BENDER; THAT THE MARKETING AND
R & D COMMITTEE APPOINTMENTS BE fviADE AS NEEDED, AND, THAT A
BUSINESS INCUBATOR ADVISORY COMMITTEE BE SELECTED IN THE NEXT 30 ..
60 DAYS. COMMISSIONER HOLMGREN SECONDED THE MOTION. THE
MOTION CARRIED 7..0.
EDA Meeting Minutes
January /3 1997
Page 3
g. Discuss Enablina Resolution and Bylaws for Suqqested Chanoes if Needed
By consensus, no changes were proposed in the EDA Enabling Resolution
or Bylaws.
6. Discuss Status of Strateqic Planninq for Economic Development
Update by Paul Steinman. Staff will identify criteria for each of the 8 sites
proposed for industrial/business park development. A action plan including
phasing will be developed for each of the sites.
7. Call Soecial Meetino of EDA
COMMISSIONER HOLMGREN MOVED TO CALL A SPECIAL MEETING OF THE EDA FOR
JANUARY 21,1997,3 .. 6 P.M., FOR THE PURPOSE OF CONTINUING DISCUSSION OF
STRATEGIC PLANNING. COMMISSIONER DUITSMAN SECONDED THE MOTION. THE
MOTION CARRIED 7..0.
8. .Prospect Report/Activity Update
Paul distributed copies of the newly-formatted monthly prospect and activity
reports to the EDA. Paul noted staff will be providing these monthly prospect and
activity reports to the EDA, HRA and full City Council.
9. Other Business
o. Product Review
Paul noted a product review meeting with a potential business incubator
prospect has been scheduled for Wednesday, January 22, 1997, at 6:30
p.m. at the new Furniture and Things site. The company plans to market
computer-oriented testing equipment. This company will be appearing
before the Anoka Sherburne County Capital Fund at 3:00 the same day.
b. Business Incubator Prospect
Paul noted this prospect is not prepared to meet publicly regarding his
product at this time. Paul will be contacting members of the EDA to
meet individually for a product presentation.
c. Micro Loan Request
A request for $50,000 in micro loan funds has been received from Eastey
Enterprises which will be reviewed by the Finance Committee on
Thursday, January 23rd. The company manufactures shrink rap machines
and expects to have 25-40 full-time employees in the next 1-2 years.
9. Adjournment
There being no further business, COMMISSIONER BENDER MOVED TO ADJOURN THE
MEETING. COMMISSIONER HOLMGREN SECONDED THE MOTION. THE MOTION
CARRIED 7 -0.
EDA Meeting Minutes
January ~5 ~ 997
Page 4
The meeting of the Elk River Economic Development Authority adjourned at 6:40 p.m.
Res8ectfully submitted,
,.( / /' y/w /,
.AYd~i / 'y e ~/vY___
Debbie Kleckner
Recording Secretary