EDA Minutes 07-13-2011MINUTES
ECONOMIC DEVELOPMENT AUTHORITY (EDA)
Wednesday, July 13,2011 - 6:00 p.m.
Commissioners Present: President Bill Demeules, Treasurer Bill Tapper, Tracy Hinz, Matt Frie,
Council Member Tom Perrault
Commissioners Absent: Brian Stumpf
Staff Present: Finance Director Tom Kelly
Staff Absent: Executive Director Megan Barnett - Livgard
1. Call to Order
Bill Demeules called the meeting to order at 6 p.m.
2. Approve Meeting Minutes
BILL TAPPER MOVED TO APPROVE THE JUNE 22, 2011 EDA MINUTES. MOTION WAS
SECONDED BY MATT FRIE. MOTION CARRIED 4 -0. (Tom Perrault Abstained.)
3. Consideration of additional agenda items
None
4. Approval of EDA Invoices
BILL TAPPER MOVED TO APPROVE THE EDA INVOICES. MOTION WAS SECONDED BY
TRACY HINZ. MOTION CARRIED 5 -0.
5. Consideration of Authorizing Final Annual Dues Payment to Wright County Economic
Development Partnership
The Wright County Economic Development Partnership has gone through numerous transitions
in the last six months and some positive progress has been made. Other cities are now joining
the organization and efforts are in place to market Wright County. Staff recommended the EDA
continue membership until the end of the year and then reevaluate the issue.
TRACY HINZ MOVED TO APPROVE AUTHORIZING PAYMENT IN THE AMOUNT OF
$1,087 FOR THE SECOND HALF OF 2011 MEMBERSHIP DUES TO WRIGHT COUNTY
ECONOMIC DEVELOPMENT PARTNERSHIP. MOTION WAS SECONDED BY BILL
DEMEULES. MOTION CARRIED 5 -0.
6. Consideration of Adopting Resolution #2011 -68 calling for a Public Hearing on the
proposed business subsidy and conveyance of certain EDA property to Suburban
Manufacturing and concurring with the City Council action to call for a Public Hearing
for the creation of TIF District 1 -39
Suburban Manufacturing, currently located at 301 Chelsea Road in Monticello, has proposed
Economic Development Authority Minutes 07/13/11
to construct a 35,000 to 40,000 square foot office, machining, and warehouse facility in the
Monticello Business Center. They would like to subdivide Outlot C of Otter Creek and situate
the building adjacent to Chelsea Road and Dalton Avenue. The project would bring new
full -time permanent jobs to Monticello.
The EDA is asked to consider supporting this local business expansion through a proposed
business subsidy, conveyance of property and the creation of a new TIF District to assist in the
write -down of land and infrastructure costs for Suburban Manufacturing. The City Council
approved calling for a public hearing for August 22, 2011, contingent upon EDA approval, to
move forward with this project.
BILL TAPPER MOVED TO CONCUR WITH THE CITY COUNCIL'S ACTION TO
ADOPT RESOLUTION #2011 -61 CALLING FOR A PUBLIC HEARING TO BE HELD ON
AUGUST 22, 2011, TO CONSIDER THE PROPOSED MODIFICATION TO THE
REDEVELOPMENT PLAN FOR CENTRAL MONTICELLO REDEVELOPMENT
PROJECT NO. 1 AND THE PROPOSED ESTABLISHMENT OF TAX INCREMENT
FINANCING DISTRICT 1 -39 (SUBURBAN MANUFACTURING) AND APPROVAL OF
THE TIF PLAN. MOTION WAS SECONDED BY TRACY HINZ. MOTION CARRIED 5 -0.
TOM PERRAULT MOVED TO ADOPT RESOLUTION #2011 -68 CALLING FOR A
PUBLIC HEARING ON THE PROPOSED AWARDING OF A BUSINESS SUBSIDY AND
CONVEYANCE OF CERTAIN EDA PROPERTY TO SUBURBAN MANUFACTURING.
MOTION WAS SECONDED BY MATT FRIE. MOTION CARRIED 5 -0.
7. Economic Development Director Updates
Bill Demeules suggested directing any questions related to updates included with the EDA
agenda packet to Megan Barnett - Livgard.
8. Proceed to closed meeting to consider the purchase of property by the EDA
9. Adiournment
The meeting was adjourned at 6:18 p.m.
Recorder: Kerry Bum
Approved: August 15,;
Attest:
Tom Kelly,
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