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EDA Minutes - 12/13/2023MINUTES REGULAR MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, December 13, 2023 — 6:00 p.m. Mississippi Room, Monticello Community Center Commissioners Present: President Steve Johnson, Vice President Jon Morphew, Treasurer Hali Sittig, Rick Barger, Councilmember Tracy Hinz, Mayor Lloyd Hilgart Commissioners Absent: 011ie Koropchak-White Staff Present: Executive Director Jim Thares, Angela Schumann 1. General Business A. Call to Order President Steve Johnson called the regular meeting of the Monticello Economic Development Authority (EDA) to order at 6:00 p.m. B. Roll Call 6:00 p.m. Mr. Johnson called the roll. C. Consideration of Additional Agenda Items Executive Director Jim Thares noted that an item should be added to the agenda, and suggested that it be listed as item 4B. 2. Consent Agenda A. Consideration of Payment of Bills B. Consideration of Approving Workshop Meeting Minutes — September 13. 2023 C. Consideration of Approving Regular Meeting Minutes — November 8, 2023 D. Consideration of Approving Workshop Meeting Minutes — November 8, 2023 E. Consideration of Adopting Resolution No. 2023-14 approving Amended TIF Policy F. Consideration of Adopting Resolution No. 2023-15 approving Amended SCDP RLF Policy G. Consideration of Authorizing a Donation to the Initiative Foundation for use in Community Economic Development Programs in the amount of $2,390 from the 2024 EDA General Fund H. Consideration of 2024 Wright County Economic Development Partnership (WCEDP) Membership and Annual Dues in the amount of $3,401 I. Consideration of 2024 WSB Economic Development Assistance Services Contract in the amount of $12,996 LLOYD HILGART MOVED TO APPROVE THE DECEMBER 1312023, REGULAR MEETING CONSENT AGENDA. HALI SITTIG SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY, 6-0. 3. Public Hearing N/A 4. Regular Agenda A. Consideration of Reappointing Steve Johnson to the EDA for a 6-year term ending December 31, 2029 President Steve Johnson stated that he was asking Vice President Jon Morphew to lead the EDA through the discussion of this specific agenda item as it is consideration of reappointing Steve to the EDA for another 6-year term. Mr. Thares provided an overview of the agenda item to the EDA and the public. Mr. Johnson's current term ends on December 31, 2023, and the EDA is asked to consider reappointment of the commissioner to the EDA for a six -year term. TRACY HINZ MOVED TO RECOMMEND REAPPOINTMENT OF STEVE JOHNSON TO THE EDA FOR A SIX -YEAR TERM ENDING DECEMBER 31, 2029. LLOYD HILGART SECONDED THE MOTION. MOTION CARRIED 5-0, WITH STEVE JOHNSON ABSTAINING FROM THE VOTE. Arldprl ltPm B. Consideration of Authorizing a $10,000 Grant Application Submittal to the Initiative Foundation for Environmental Studies in Block 34. Mr. Thares provided an overview of the agenda item to the EDA and the public. The proposed grant funding would be paired with EDA dollars to cover the cost of several environmental studies that have been identified as "must do/need to complete" work in Block 34. JON MORPHEW MOVED TO AUTHORIZE A $10,000 GRANT APPLICATION SUBMITTAL TO THE INITIATIVE FOUNDATION (IF) TO OFFSET THE COST OF NECESSARY ENVIRONMENTAL STUDIES IN BLOCK 34. HALI SITTIG SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY, 6-0. 5. Other Business A. Consideration of Economic Development Manager's Report Mr. Thares provided an overview of the agenda item to the EDA and the public. 6. Adjournment TRACY HINZ MOVED TO ADJOURN THE REGULAR MEETING OF THE MONTICELLO EDA. HALI SITTIG SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY, 6-0. MEETING ADJOURNED AT 6:28 P.M. Recorded By: Hayden Stensgard /*I Date Approved: January 10, 2024 ATTEST: Ji fn Nhares, Executive Director