11-10-2008 EDA MINMEETING OF THE ELK RIVER
ECONOMIC DEVELOPMENT AUTHORITY
HELD AT THE ELK RIVER CITY HALL
MONDAY, NOVEMBER 10, 2008
Members Present: President Dwyer, Commissioners Farber, Klinzing, Motin, Tveite, and
Zerwas
Members Absent: Commissioner Touchette
Staff Present: City Administrator Lori Johnson, Community Development Director Jeff
Gongoll, Director of Economic Development Catherine Mehelich,
Economic Development Assistant Annie Deckert, Finance Director Tim
Simon, 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 5:00 p.m. by President Dwyer.
2. Consider Agenda
MOVED BY COMMISSIONER ZERWAS AND SECONDED BY
COMMISSIONER TVEITE TO APPROVE THE NOVEMBER 10, 2008 EDA
AGENDA. MOTION CARRIED 6-0.
3. Consider Consent Agenda
A check register dated November 10, 2008, in the amount of $120.00 was distributed. Ms.
Mehelich requested this check register be approved as part of the consent agenda.
MOVED BY COMMISSIONER MOTIN AND SECONDED BY
COMMISSIONER KLINZING TO APPROVE THE CONSENT AGENDA AS
FOLLOWS:
3.1. OCTOBER L3, 2008, REGULAR MEETING MINUTES
3.2. CHECK REGISTER INCLUDING ADDITION AS NOTED ABOVE
3.3. BALANCE SHEET
3.4. REVENUE/EXPENDITURE REPORT
3.5. YMCA PAY ESTIMATES
3.6. RESOLUTION 08-08 APPROVING ASSIGNMENT OF ELK RIVER
BUSINESS PARK CONTRACT FOR REDEVELOPMENT
MOTION CARRIED 6-0.
4. Open Mike
There was no one was present for open mike.
Economic Development Authority Minutes Page 2
November 10, 2008
5. Consider Micro Loan Extension -Lake Assault Custom Boats LLC
Ms. Mehelich presented the staff report. She noted that the EDA Finance Committee met
and recommended approval of the two-year extension on the Lake Assault micro loan at a
6.5% market interest rate.
Commissioner Tveite explained he supports approval because he believes Lake Assault
Custom Boats has refined their market plan and found their niche in providing custom boats
to government entities.
MOVED BY COMMISSIONER MOTIN AND SECONDED BY
COMMISSIONER TVEITE TOAPPROVE ATWO-YEAR EXTENSION ON
THE LAKE ASSAULT CUSTOM BOATS MICRO LOAN AT A 6.5% MARKET
RATE INTEREST AND FIXED MONTHLY PAYMENTS OF $606.64 SET UP
ON AUTOMATIC WITHDRAWALS. THE MOTION CARRIED 6-0.
Review and Discuss 171St Focused Area Stuff Proposals
The EDA interviewed the following four firms in order to discuss their proposed Scope of
Work to perform the 1715L Avenue Focused Area Study:
^ LHB Corp (Michael Schroeder)
^ Landform (Kendra Lindahl and Benjamin Sporer)
^ Cuningham Group (Andrew Dresner)
^ Hoisington Koegler Group (Paul Paige, Bryan Harjes, and Bruce
Chamberlain)
Discussion took place on the firms and members of the EDA discussed their choices. The
top two choices were Cuningham and Hoisington Koegler Group.
MOVED BY COMMISSIONER TVEITE AND SECONDED BY
COMMISSIONER FARBER TO ENGAGE HOISINGTON KOEGLER GROUP
TO PERFORM THE 171sT AVENUE FOCUSED AREA STUDY AT A COST NOT
TO EXCEED $58,400 PLUS $1,500 EXPENSES WITH DIRECTION TO STAFF
TO NEGOTIATE A MORE ADVANTAGEOUS PRICE IF POSSIBLE. MOTION
CARRIED 6-0.
Commissioner Motin indicated that a landowner in the 1715[ Avenue area has commented
that he has the access necessary develop his property and he does not want to wait until the
Focused Area Study is finished. Commissioner Motin stated he would like to consider a
possible moratorium on the entire study area with the exception of the Northstar Business
Park area. Ms. Johnson indicated this item can be added to the November 17, 2008 Council
agenda for discussion and the City Attorney can be directed to draft a resolution for the
moratorium.
Other Business
There was no other business.
Economic Development Authority Minutes
November 10, 2008
8. Adjournment
Page 3
There being no other business, President Dwyer adjourned the meeting of the Elk River
Economic Development Authority at 7:10 p.m.
Minutes prepared by Jessica Miller.
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Tina Allard
City Clerk