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05-12-2008 EDA MINMEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, May 12, 2008 Members Present: President Gongoll, Commissioners Dwyer, Klinzing, Motin, Tveite, and Zerwas Members Absent: Commissioner Farber Staff Present: Director of Economic Development Catherine Mehelich, City Administrator Lori Johnson, Finance Director Tim Simon, Economic Development Assistant Annie Deckert, and Recording Secretary Jessica Miller 1. Call Meeting To Order Pursuant to due call and notice thereof, the meeting of the Economic Development Authority was called to order at 5:30 p.m. by President Gongoll. 2. 3 4. 5. Consider Agenda MOVED BY COMMISSIONER TVEITE AND SECONDED BY COMMISSIONER KI.INZING TO APPROVE THE MAY 12, 2008, EDA AGENDA. MOTION CARRIED 6-0. President Gongoll welcomed Annie Deckert as Economic Development Assistant. Consider Consent Agenda MOVED BY COMMISSIONER ZERWAS AND SECONDED BY COMMISSIONER DWYER TO APPROVE THE CONSENT AGENDA AS FOLLOWS: 3.1. APRIL 14, 2008, REGULAR MEETING MINUTES 3.2. CHECK REGISTERS 3.3. BALANCE SHEET 3.4. REVENUE/EXPENDITURE REPORT MOTION CARRIED 6-0. Open Mike No one appeared for open mike. Marketing Update Ms. Mehelich provided an update on marketing as outlined in her staff report. One additional item she noted was that Metal Craft Machine and Engineering has been named the Chamber's Manufacturing Business of the Year. Economic Development Authority Minutes May 12, 2008 Page 2 Commissioner Motin stated that Earl Hohlen informed him of his plans for amulti-tenant development near Anytime Fitness. Ms. Mehelich indicated that staff is aware that amulti- tenant building is being planned but tenants have not yet been identified. 6. Consider Retail Trade Analysis Report and Workshop Ms. Deckert presented the staff report. Ms. Deckert noted that by entering into the contract, the City would have the ability to purchase report updates annually. Ms. Deckert stated that the workshop can be held in a format agreeable by the EDA. She questioned what format the EDA would like. Commissioner Tveite stated that there are so many positives to entering into this contract. He stated that one is that it shows that Elk River is serious about attracting development. He liked the idea of partnering with the Chamber for the workshop, possibly including small business owners. President Gongoll indicated the River's Edge Group should be included in the workshop as well as the HRA, and possibly the Chamber. Commissioner Motin questioned the usefulness of the historical data and whether or not it accounts for growth. Ms. Deckert explained the report can be customized to fit the City's needs and that it does account for growth. Commissioner Klinzing stated the workshop is a good idea but she believes the data should be reviewed prior to deciding in what format it should be presented. Commissioners Dwyer and Zerwas concurred that the data will be a useful tool. MOVED BY COMMISSIONER TVEITE AND SECONDED BY COMMISSIONER ZERWAS TO AUTHORIZE STAFF TO ENTER INTO A CONTRACT WITH THE UNIVERSITY OF MINNESOTA EXTENSION SERVICE TO CONDUCT A RETAIL TRADE ANALYSIS REPORT (RTA) AND HOLD A WORKSHOP. MOTION CARRIED 6-0. Other Business President Gongoll explained that he has submitted his resignation to the Economic Development Authority effective immediately because he has accepted the Community Development Director position with the City of Elk River. He thanked the EDA and stated he is looking forward to working with them as a staff member. Vice President Pat Dwyer will take over as EDA President. Commissioner Klinzing noted there is a vacanry on the EDA and she will bring a name forward to the Ciry Council soon. 8. Adjournment There being no other business, President Gongoll adjourned the meeting of the Elk River Economic Development Authority adjourned at 5:57 p.m. _~ pre ;ed y ssica Miller. ----, Tina Allard City Clerk