EDA Minutes 12-02-2019 (Special Meeting)MINUTES
SPECIAL ECONOMIC DEVELOPMENT AUTHORITY MEETING
(RESCHEDULED REGULAR 2nd NOVEMBER MEETING -
FROM 7:00 A.M. ON 11-27-2019; DUE TO BAD WEATHER)
Monday, December 2nd, 2019 — 6:00 p.m.
Oakwood Room, Monticello Community Center
Commissioners Present: Steve Johnson, Jon Morphew, Tracy Hinz, 011ie Koropchak-
White, Lloyd Hilgart, and Jim Davidson
Commissioners Absent: Bill Tapper
Staff Present: Jim Thares
1. Call to Order
Steve Johnson called the Meeting of the EDA to order at 6:00 p.m.
2. Roll Call
3. Consideration of additional agenda items
None.
4. Consent Agenda
OLLIE KOROPCHAK-WHITE MOVED TO APPROVE THE CONSENT AGENDA.
JIM DAVIDSON SECONDED THE MOTION. MOTION CARRIED, 6-0.
4a. Consideration of Quotes for Phase I Environmental Site Assessment —1.6252 +/-
acre area consisting of 224 - 4' Street East, Palm Street ROW and 300 - 41h Street
East and further authorizing entering into a contract for services with the lowest
qualified quote provider
Recommendation: Select the lowest qualified quote (WSB) for ESA services and
authorize entering into a contract for services with the selected vendor.
4b. Consideration of authorizing funds in the amount of $600 from the EDA 2020
marketing budget for a downtown visioning event featuring John Davis in support
of Comprehensive Plan activities in early 2020
Recommend: Approve a $600 contribution in support of a 2020 Comprehensive Plan
Downtown Booster Event featuring John Davis as the primary speaker from the EDA
2020 Marketing Budget.
Regular Agenda
5. Pat Briggs, Briggs Comuanies, Rivertown Residential Suites — Verbal UUdate
Jim Thares indicated that the EDA was invited to tour the building of Rivertown Suites. It
was noted that Briggs may ask the EDA for additional financing due to the large cost of
construction. Mr. Briggs planned to participate in the meeting and was unable to be in
Economic Development Authority Minutes — December 2, 2019 Page 1 1 2
attendance to review the status and completion schedule of Rivertown Residential Suites.
6. Director's Report
Jim Thares provided the Director's Report. The report focused only on providing a
revised general fund cash flow and TIF District #1-41 financial model. Thares responded
to the comments of the workshop meeting on November 13th and provided an updated
report.
7. Adjourn
TRACY HINZ MOVED TO ADJOURN THE MEETING AT 6:21 P.M. OLLIE
KOROPCHAK-WHITE SECONDED THE MOTION. MOTION CARRIED, 6-0.
Recorder: Jacob Thunander
Approved: December 11, 2019
Attest:
Jim Th�res, Economic Development Director
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