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IEDC Meeting Minutes - 05/06/2025MINUTES INDUSTRIAL & ECONOMIC DEVELOPMENT COMMITTEE (IEDC) May 6, 2025 7:00 a.m. at Monticello Community Center Members Present: Vice Chairperson Mike Huey, Luke Dahlheimer, City Council Member Charlotte Gabler, Aaron Holthaus, Sarah Kortmansky, Sonja McElroy, Eric Olson, Joni Pawelk, Cory Ritter, Greg Schultz, Rob Stark, Darek Vetsch, Andrew Tapper Members Absent: Chair Jarred Merchant, Sean Hafen, Liz Kokesh, Tony Velishek Liaisons: Rachel Leonard, Jim Thares, Deb Meyer, Dave Tombers Liaisons Absent: Tim Zipoy, Missy Meidinger 1. General Business A. Call to Order Vice Chair Mike Huey called the regular meeting of the Monticello Industrial Economic Development Committee (IEDC) to order at 7:00 a.m. B. Roll Call C. Approve Minutes DAREK VETSCH MOVED TO APPROVE THE MARCH 412025, REGULAR MEETING MINUTES. CORY RITTER SECONDED MOTION. MOTION CARRIED UNANIMOUSLY. D. Consideration of Adding Items to the A e nda None. 2. Fegular Agenda A. Consideration of Wayne Elam Resignation and IEDC Member Application (Joe Elam) Economic Development Manager Jim Thares introduced Joe Elam who is applying to fill a new IEDC vacancy. DAREK VETSCH MOTIONED TO APPROVE JOE ELAM TO THE INDUSTRIAL ECONOMIC DEVELOPMENT COMMITTEE (IEDC) FOR A THREE-YEAR TERM ENDING ON DECEMBER 31, 2025, SECONDED BY SARAH KORTMANSKY. MOTION CARRIED, UNANIMOUSLY. B. Table Topic — City of Monticello —Long Term Financial Management Plan, Sarah Rathlisberger Finance Director Sarah Rathlisberger spoke to the function and model for the Monticello Long -Term Financial Management Plan for 2025 and beyond. 3. Liaison Updates A. Wright Countv Economic Development Partnership (WCEDP) Darek Vetsch, County Commissioner, District 2, provided an overview of WCEDP activities as well as a Wright County update. IEDC Meeting Minutes — 05/06/2025 B. Chamber of Commerce Deb Meyer, Monticello Chamber of Commerce Executive Director, provided a brief overview of recent and upcoming Chamber events. C. Economic Development Mr. Thares presented updates on the following economic development activities. • Building Permits Summary — Qtr. 12025 • Project Update • Prospect List • BR&E Visits Update • May 6, 2025, Planning Commission Agenda D. City Council Update City Administrator Rachel Leonard provided an update of the recent City Council activities including downtown parking discussion, a joint workshop with Planning Commission and the Economic Development Authority (EDA) expected to occur in the coming month, the final plat approval on the Meadowbrook Residential development Plat, an tour and review of the public works building, the Monticello Tech project annexation submittal package, the School Boulevard Roundabout Improvements project, and other resident -related news. 4. Next Meeting Reminder— Date: Tuesday, June 3, 2025 (Legislative Review Table Topic) 5. Adiournment Meeting was adjourned by consensus at 8:08 a.m. Recorder: Anne Mueller ON,-,, Approved: June 3, 2025 ttest: \ v� Jim TKares, Economic Development Manager