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EDA Minutes 04-03-1990C MINUTES MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY Tuesday, April 3. 1990 - 7:00 AM City Hall L MEMBERS PRESENT: Ron Hoglund, Varren Smith, Fran Fair, Al Larson, Harvey Kendall, and Barb Schvientek. MEMBERS ABSENT: Bob Mosford. STAFF PRESENT: Rick Wolfsteller and 011ie Koropchak. 1. CALL TO ORDER. Koropchak called the EDA meeting to order at 7:03 AM. 2. CONSIDERATION TO APPROVE THE MAY 16, 1989 EDA MINUTES. Ron Hoglund made a motion to approve the May 16, 1989 EDA minutes, seconded by Warren Smith, the minutes stand approved as written. Approval 6-0. 3. CONSIDERATION TO ADOPT AN ORGANIZATION RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE ECONOMIC DEVELOPMENT AUTHORITY IN AND FOR THE CITY OF MONTICELLO, MINNESOTA AND APPOINTING OFFICERS. Koropchak opened the floor to accept nomination for EDA I President. Al Larson made a motion to nominate Ron Hoglund as EDA President, Harvey Kendall called to cease nominations and seconded the motion. Motion carried unanimously. Fran Fair made a motion to nominate 011ie Koropchak, Economic Development Director, as EDA Executive Director and secretary, seconded by Barb Schvientek. The motion carried unanimously. Warren Smith made a motion adopting EDA Resolution 89-1, an Organizational Resolution of the Board of Commissioners of the Economic Development Authority in and for the City of Monticello, Minnesota and appointing officers: President, Ron Hoglund; Vice President, Barb Schvientek; Secretary, 011ie Koropchak; Treasurer, Rick Wolfsteller; and Assistant Treasurer, Bob Mosford. The motion was seconded by Harvey Kendall and with no further discussion the motion carried unanimously. 4. CONSIDERATION TO REVIEW AND TO ADOPT A RESOLUTION APPROVING THE EDA BYLAWS. The EDA reviewed the drafted Bylaws and determined the regular quarterly meetings would be held the 4th Tuesday of January, April, July, and October, at 7:00 AM. The annual meeting will be held in conjunction with the regular J9nuary meeting. A quorum is constituted with the presence of four commissioners and any resolution, election, or other formal action of the Authority shall be adopted upon the affirmative vote of a j d EDA Minutes 4/3/90 C Page 2 4. CONTINUED. majority of the Authority membership. President Ron Hoglund called for a motion. Warren Smith made a motion to adopt EDA Resolution 89-3, Be it resolved by the Commissioners of the Economic Development Authority in and for the City of Monticello, Minnesota, Wright County, to adopt the attached bylaws. The motion was seconded by Al Larson, and with no further discussion the motion carried unanimously. 5. CONSIDERATION TO ADOPT A RESOLUTION APPROVING A JOINT POWERS AGREEMENT AND AUTHORIZING AND DIRECTING THE PRESIDENT AND SECRETARY TO EXECUTE SAME. The Joint Powers Agreement between the City of Monticello, the Monticello Housing and Redevelopment Authority, and the Economic Development Authority was reviewed at the May 16, 1989 meeting, however, was not adopted because of lack of EDA organization and officers. Harvey Kendall made a motion to adopt EDA Resolution 89-2. a resolution approving the joint powers agreement and authorizing and directing the president and secretary to execute same. Barb Schwientek seconded the motion, and with no further discussion the motion carried unanimously. 6. OTHER BUSINESS. Koropchak provided the Commissioners with copies of the EDA Authorization releasing information form, the formal EDA application or checklist form, and the EDA Greater Monticello Enterprise Fund Loan approval form. The EDA briefly discussed the floormat for Wednesday's EDA meeting (presentation of Tapper's Inc application). 7. ADJOURNMENT. Warren Smith made a motion to adjourn the EDA meeting, seconded by Harvey Kendall. President Ron Hoglund called the meeting adjourned. 011ie Koropchak EDA Secretary l