EDA Minutes 06-10-2009MINUTES
CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY
Wednesday, June 10, 2009
6:00pm
1. Call to Order:
Chairman Demeules called the meeting to order and declared a quorum at 6:00pm.
Roll Call:
The following Commissioners were present:
President Bill Demeules
Commissioner Bill Fair
Commissioner Bill Tapper
Council Member Brian Stumpf
Council Member Tom Perrault
Absent:
Vice -President Dan Frie
Commissioner Bob Viering
Also present Executive Director Megan Barnett
2. Approve minutes:
MOTION BY BILL FAIR TO APPROVE MAY 13, 2009 AND JUNE 2, 2009 MEETING
MINUTES. MOTION CARRIED. 4-0. Brian Stumpf abstained
3. Consideration of additional agenda items:
None were added
4 Approval of EDA invoices:
MOTION BY BILL TAPPER SECONDED BY BILL FAIR TO APPROVE INVOICES.
MOTION CARRIED. 5-0
Commissioner Tapper questioned the Kennedy and Graven invoice. Council member Stumpf
questioned what would occur if additional expenses would be required for the TIF Analysis
and Management Plan study. Barnett stated funds would be available within the TIF Districts
administration section.
5. Business Retention and Expansion Program through the University of MN Extension
Services.
Staff reviewed the proposed Business Retention and Expansion Program. Discussion ensued
regarding whether it was appropriate to contribute financially now or wait until sponsorships
have been obtained. The generally consensus was the EDA should be one of the first entities to
contribute dollars to show commitment.
MOTION BY BILL FAIR TO EXPEND $1,000 TOWARDS A MONTICELLO BUSINESS
RETENTION AND EXPANSION PROGRAM THROUGH THE UNIVERSITY OF MN
EXTENSION SERVICES SECONDED BY STUMPF. MOTION CARRIED. 5-0
6. Marketing:
MOTION BY FRIE TO TAKE NO ACTION AT THIS TIME SECONDED BY STUMPF.
MOTION CARRED 4-1. FAIR OPPOSED
7. Report from Executive Director:
Economic Development Director updated the EDA on upcoming marketing and business
retention effects.
8. Adjourn
MOTION BY FRIE TO ADJOURN SECONDED BY TAPPER. MOTION CARRIED. 5-0.
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Bill Demeules, President