IEDC Minutes 10-06-2009 1
MEETING MINUTES
INDUSTRIAL & ECONOMIC DEVELOPMENT COMMITTEE
Tuesday October 6, 2009
7:00 a.m., Boom Island
MEMBERS PRESENT:
Chair Don Roberts, Vice Chair Patrick Thompson, Bill Tapper, Lynne Dahl-Fleming, Dick Van
Allen, Dan Olson, Zona Gutzwiller, Wayne Elam, Chris kruse.
MEMBERS ABSENT:
Charlotte Gabler, Rich Harris, Marshall Smith, Elaine DeWenter
LIAISONS PRESENT:
Sandy Suchy, Glen Posusta, Clint Herbst
CITY STAFF PRESENT:
Economic Development Director Megan Barnett, City Administrator Jeff O’Neil, Finance Director Tom
Kelly.
Call to Order
IEDC Chair Don Roberts called the meeting to order at 7:00 a.m.
Approve Minutes
MOTION BY TAPPER TO APPROVED JUNE 2, 2009, AUGUST 4, 2009, AND SEPTEMBER 1,
2009 MEETING MINUTES SECONDED BY PATRICK THOMPSON. MOTION CARRIED 9-0.
Economic Development Report:
Economic Development Director Barnett provided a verbal update on the BR&E program, Petsmart
construction update, great attendance at Dahlheimer Ribbon Cutting event, and request by Wright
County Economic Development Partnership for a county wide EDA/business meeting.
City Reports:
Discussion ensued regarding the City’s budget situation. Finance Director Kelly outlined the cuts the
City was facing and direction staff received from the City Council to address the current financial
challenges.
IEDC members inquired about the continued purchase of the Bertram Chain of Lakes property. It was
stated the City will be requesting funds to be obtained through various grant opportunities to assist in
further purchases.
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Question was raised regarding how the City utilizes the electric franchise fee. City Staff and the City
Council representatives responded the fees are required to be utilized for replacing and adding street
lights.
TIF Analysis and Management Plan:
Finance Director Kelly and Economic Development Director Barnett reviewed the final TIF Analysis
and Management Plan prepared by Rusty Fifield from Northland Securities. TIF Districts 1-26, 1-28,
and 1-33 have been decertified and obligations paid. Staff stated TIF Districts 1-2, 1-5, 1-6, and 1-22
require additional review and planning prior to decertifying. It is staff’s intention to meet with the
attorney and Rusty to further discuss the best method for addressing excess TIF and the fast approaching
decertifying timelines.
Adjournment:
MOTION BY BILL TAPPER TO ADJOURN SECONDED BY LYNNE DAHL-FLEMING. MOTION
CARRIED. 9-0.
Meeting adjourned at 8:35am.