EDA Meeting Minutes - 4/10/2024 (Workshop)MINUTES
ECONOMIC DEVELOPMENT AUTHORITY SPECIAL MEETING
Wednesday, April 10, 2024 — 5:00 p.m.
Academy Room, Monticello Community Center
Members Present: President Steve Johnson, 011ie Koropchak-White, Councilmember Tracy
Hinz, Mayor Lloyd Hilgart
Members Absent: Vice President Jon Morphew, Treasurer Hali Sittig, Rick Barger
Staff Present: Executive Director Jim Thares, Angela Schumann, Hayden Stensgard
1. Call to Order
President Steve Johnson called the special meeting of the Monticello Economic
Development Authority (EDA) to order at 5:05 p.m.
2. Review and Discussion of Retail Market Analysis Proposal
Executive Director Jim Thares provided an overview of the agenda item to the EDA and
the public. Recently, Jim McComb of the McComb Group presented on the benefits of
communities conducting a Retail Market Analysis Report. Following the meeting, the
McComb Group submitted a proposal to the EDA to create a report for Monticello. The
members reviewed the proposal and the deliverables (reports) the EDA would derive
from completing the multi -phase proposal. The EDA indicated early in the discussion
they would want more information and to have several questions answered by Mr.
McComb as well as seek to have the full EDA membership present at a meeting before
taking a vote on this proposal.
After further discussion, the EDA decided to list and seek responses to a set of questions
from the McComb Group. They would like to see this information and before they
decide on the proposal reviewed at a future meeting. Staff will reach out to the
McComb Group with the questions and bring back the responses for the EDA to further
review and consider as part of further discussion of the proposal at a subsequent
meeting.
No action was taken on the item.
3. Adjournment
TRACY HINZ MOVED TO ADJOURN THE SPECIAL MEETING OF THE MONTICELLO EDA.
OLLIE KOROPCHAK-WHITE SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY,
4-0. MEETING ADJOURNED AT 6:01 P.M.
Recorded B :H n n y Hayden Ste sgard
/i-$�"
Date Approved: May 8, 2024
ATTEST:
m Thares, Executive Director