HomeMy WebLinkAbout2008 [07] Jul 23CITY OF ST. JOSEPH
ECONOMIC DEVELOPMENT AURTHORITY
Meeting Minutes -Wednesday, July 23, 2008
Present: EDA Board Members Carolyn Yaggie-Heinen, Ken Jacobson, AI Rassier, Tom Skahen
and Dale Wick.
Absent: None.
Also present: EDA Consultant Cynthia Smith -Strack of Municipal Development Group.
Chairperson Wick called the July 23, 2008 regular meeting of the St. Joseph EDA to order at 3:00
p. m.
Agenda.
Chairperson Wick introduced the agenda. No changes were requested.
Moved by Skahen, seconded by Rassier to approve the agenda as presented. 5-0.
Approval of Minutes.
Chairperson Wick introduced the minutes from the June 25, 2008 regular meeting.
Motion by Jacobson, second by Heinen to approve the minutes from the June 25, 2008 regular
meeting. Motion carried 5-0.
EDA Accounts Payable.
Wick introduced the topic. Wick noted accounts payable for the month which totaled $2,302.74 for
contracted services. Strack noted that the EDA portion of expenses relating to Council approved
services (e.g. phone and mailing expenses) will no longer be included in the accounts payable
listing since they are approved by the City Council and then a portion is assigned to each
department and/or entity.
Motion by Skahen, second by Jacobson to approve the EDA accounts payable for the month of
July 2008 in the amount of $2,302.74. Motion carried 5-0.
Financial Report.
Wick introduced the agenda item. Wick noted the packet included refined reports which illustrate
financial information in a more user-friendly fashion, as agreed at the previous EDA meeting. The
reports are more concise and precise. Income and expense items contained in the reports reflect
data as of the close of the previous month as opposed to mid-month data.
Motion Heinen, Second Wick to approve the June 2008 financial reports as presented. Motion
carried 5-0.
Approval of TIF Disbursements.
Chairperson Wick introduced the agenda topic. Strack reported the City received the initial
settlement for 2008 property taxes. The first half payment includes revenue for TIF 1-3 (Borgert)
and TIF 1-4 (Lohman). Finance Director, Lori Bartlett processed the payments and requests
approval of the disbursement as follows: TIF 1-3 - Borgert/SKN: $10,849.72 and TIF 1-4 -
Gohman/Vicwest (payment to lender: Minnwest Bank): $27,789.62. Strack further noted that
associated information and documentation is attached to this memo.
Motion Jacobson, Second Skahen to approve the TIF Disbursements as presented. Motion
carried 5-0.
Capital Improvement Program Requests - 2009 to 2013
Wick introduced the agenda item. Wick noted that at the previous meeting the Board discussed
potential items to include within the 2009-2013 Capital Improvement Plan.
Strack noted at the previous meeting the Board agreed additional detail and discussion regarding
CIP requests was needed and directed MDG to further define potential programs for
consideration at the July meeting. Strack referenced a description of capital improvement
requests for the years 2009-2013 included in the EDA packet. Strack requested review and
comment on the detail and consideration of a recommendation to the City Council.
The Board reviewed the proposed five-year plan description and specifically discussed the
concept of the Business Fagade Program. At issue was whether the proposed expanded program
should continue to operate on a matching grant basis or be converted to a loan. The Board noted
the relatively low program funding threshold and embraced the concept of continuing a matching
grant.
The EDA CIP requests total $60,000 per year.
Motion Skahen, Second Jacobson to approve submission of the five year CIP request to the City
Council. Motion carried 5-0.
Downtown Update
Wick initiated discussion on the topic. Strack updated EDA members on two design meetings with
property owners, design professional, building official, and EDA representative. Design concepts
for building facades are expected to be available for the August EDA meeting.
Director's Report
Wick noted the report contained in the packet.
Board Member Reports
Rassier stated he expected the EDA's CIP requests would be a hard-sell to the City Council.
Wick reported the City Council had addressed the concept of rural or urban design for the new
section of CSAH 2/3. The City Council voted 3-2 for a rural section (road ditches vs. curb/gutter)
with the final decision resting on increased financial burden.
Adjournment.
Motion by Jacobson, Second by Skahen to adjourn the regular EDA meeting. Motion carried 5:0.
Meeting adjourned at 4:10 PM.
EDA Minutes -July 23, 2008