EDA Meeting Minutes - 12/14/2022MINUTES
REGULAR MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA)
Wednesday, December 14th, 2022 — 6:00 p.m.
Mississippi Room, Monticello Community Center
Commissioners Present: President Steve Johnson, Vice President Jon Morphew, Treasurer
Tracy Hinz, 011ie Koropchak-White, Hali Sittig and Councilmember
Charlotte Gabler
Commissioners Absent: Mayor Lloyd Hilgart
Staff Present: Executive Director Jim Thares, Hayden Stensgard
1. Call to Order
President Steve Johnson called the regular meeting of the Monticello EDA to order at
6:00 p.m.
2. Roll Call
Mr. Johnson called the roll.
3. Consideration of additional agenda items
None
4. Consent Aeenda
a. Consideration of Approving Regular Meeting Minutes — October 12, 2022
b. Consideration of Approving Workshop Meeting Minutes — November 9, 2022
c. Consideration of Approving Regular Meeting Minutes — November 9, 2022
d. Consideration of Approving Payment of Bills
TRACY HINZ MOVED TO APPROVE THE DECEMBER 14, 2022 REGULAR MEETING
CONSENT AGENDA. HALI SITTIG SECONDED THE MOTION. MOTION CARRIED
UNANIMOUSLY, 6-0.
Regular Agenda
5. Consideration of 2023 Wright County Economic Development Partnership
Membership and Dues in the amount of $3,401
Executive Director Jim Thares provided an overview of the agenda item to the EDA and
the public.
Jolene Foss, Executive Director of the Wright County Economic Development
Partnership (WCEDP), addressed the EDA and the public. Ms. Foss provided an overview
of the Wright County Economic Development Partnership purpose and efforts, a recap
of 2022, and the WCEDP goals for 2023.
TRACY HINZ MOVED TO APPROVE 2023 MEMBERSHIP IN WCEDP AND THE ANNUAL
DUES IN THE AMOUNT OF $3,401. OLLIE KOROPCHAK-WHITE SECONDED THE MOTION.
MOTION CARRIED UNANIMOUSLY, 6-0.
6. Consideration of WSB 2022 Quarterly Update and CY 2023 Economic Development
Assistance Services Contract in the amount of $11,880
Mr. Thares provided an overview of the agenda item to the EDA and the public.
Jim Gromberg, Economic Development Coordinator at WSB, addressed the EDA and the
public. Mr. Gromberg provided an overview of the economy (Local, State and Federal)
during the 4t" quarter of fiscal year 2022 and forecast for 2023. Mr. Gromberg also
detailed efforts and assistance WSB provides to the City of Monticello within Economic
Development.
Mr. Johnson asked if the assistance the City receives from WSB related to economic
development continues to benefit the City and the department. Mr. Thares confirmed
that the partnership between the City and WSB continues to be beneficial.
CHARLOTTE GABLER MOVED TO APPROVE THE PROPOSED 2023 WSB ECONOMIC
DEVELOPMENT ASSISTANCE SERVICES CONTRACT IN THE AMOUNT OF $11,880. HALI
SITTIG SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY, 6-0.
7. Consideration of Update of EDA Legal and Financial Consultants' CY 2023 Fee Rates
Mr. Thares provided an overview of the agenda item to the EDA and the public.
No action was taken on the item.
8. Economic Development Manager's Report
Mr. Thares provided an overview of the agenda item to the EDA and the public.
No action was taken on the item.
9. Adjourn
TRACY HINZ MOVED TO ADJOURN THE REGULAR MEETING OF THE MONTICELLO EDA.
OLLIE KOROPCHAK-WHITE SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY,
6-0. MEETING ADJOURNED AT 6:59 p.m.
41<
Recorded By: Hayden Stensgard /Z
Date Approved: January 11, 2023
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7Jim T ares, Executive Director