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IEDC Meeting Minutes - 08/06/2024MINUTES INDUSTRIAL & ECONOMIC DEVELOPMENT COMMITTEE (IEDC) Tuesday, August 6, 2024 7:00 a.m. at Monticello Community Center Members: Chairperson Luke Dahlheimer, Vice Chairperson Jarred Merchant, Sarah Kortmansky, Sam Murdoff, Eric Olson, Joni Pawelk, Darek Vetsch, Andrew Tapper, Randy Skarphol, Tony Velishek, Cory Ritter, Liz Kokesh Absent: Wayne Elam, Rob Stark Liaisons: Rachel Leonard, Angela Schumann, Jim Thares, Missy Meidinger, Deb Meyer, Dave Tombers, Tim Zipoy 1. General Business A. Call to OrderJune 4, 2024, meeting minutes. B. RANDY SKARPHOL MOVED TO APPROVE THE JUNE 41P 2024, MEETING MINUTES; MOTION SECONDED BY SARAH KORTMANSKY. MOTION PASSED UNANIMOUSLY. C. Consideration of Adding Items to the Agenda None. D. Manufacturer's Week Appreciation Breakfast — Friday, October 11, 2024 Jim Thares gave a status of the Manufacturers Appreciation Breakfast planning. 2. Regular Agenda A. Table Topic — Business Retention Discussion; New Business Activity -Attraction Update Jim Thares, Economic Development Manager, presented Business retention and new business activity activities. He reviewed a report done by the University of Minnesota on Business Retention and Expansion. An upcoming BRE will be at Bondus. Sarah Kortmansky and Luke Dahlheimer will attend representing the IEDC. Mr. Thares presented a list of new businesses which recently opened or are planning to establish locations in Monticello. This list represents an estimated 10+ employees per business. 3. Liaison Updates A. Wright County Economic Development Partnership (WCEDP) Missy Meidinger introduced herself and shared upcoming events and actions include a Golf event on 9/10, CEO class start next month, 2024 funding from County — discussing 2025 funding request, 2025 PEL employment approved, BRE visit and a Daycare funding request B. Chamber of Commerce Deb Meyer, Chamber of Commerce Director introduced herself as the new Monticello Chamber of Commerce Director. She thanked all those involved with the success of the 2024 Riverfest, Puzzlepalooza in October, Downtown Trick or Treat is due back this fall, the next Chamber meeting will be at Nordic Brewing, and the Annual Banquet will be on December 16, 2024. C. Economic Development Jim Thares, Economic Development Manager provided an update. • Project Update • Prospect List • August 6, Planning Commission Agenda D. City Council Update Rachel Leonard, City Administrator, presented current projects and actions of the City Council including discussion on agreement with Monticello Orderly Annexation Area, joint City Council/Planning Commission/EDA Housing workshop, preparing Local Option Sales Tax informational for residents, preliminary budget, grant for tier one of CET project, open seats on Council and notice of Primary Election. 4. Next Meeting Reminder— Date: Tuesday, September 3, 2024- as per new meeting schedule 5. Adjournment RANDY SKARPHOL MOVED TO ADJOURN THE MEETING; MOTION SECONDED BY TONY VELISHEK. MEETING ADJOURNED BY CONSENSUS AT 8:16 A.M. Recorder: Vicki Leerhoff 4k-- Approved: November 6, 2024 Attest: s Thares, Economic Development Manager