HomeMy WebLinkAbout2004 [02] Feb 182-18-04
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CITY OF ST. JOSEPH
ECONOMIC DEVELOPMENT AUTHORITY
Meeting Minutes -Wednesday, February 18, 2004
Present: EDA Board Members Mike Deutz, Larry Hosch, and Ross Rieke.
Absent: EDA Board Members Bruce Gohman and Tom Skahen.
Also present: Cynthia Smith-Strack of Municipal Development Group.
Chairperson Rieke called the regular meeting of the St. Joseph EDA to order at 3:05 p.m.
Agenda.
Moved by Deutz seconded by Hosch to approve the agenda as presented. Motion carried 3-0.
Minutes.
The minutes from the January 21, 2004 Regular EDA meeting were discussed.
Moved by Hosch seconded by Deutz to approve the minutes from the regular EDA meeting held January
21, 2004. Motion carried 3-0.
EDA Accounts Payable.
Strack provided an overview of accounts payable.
Motion by Deutz, second by Hosch fo approve EDA accounts payable in the amount of $2,061.01.
Motion carried 3-0.
Financial Report
The EDA financial report was briefly reviewed.
Moved by Hosch seconded by Deutz to approve the financial report. Motion carried 3-0.
Future Industrial Park.
Strack provided an overview of the contact that has been on-going with representatives of the Feld
property adjacent to current developed industrial lots. The property includes six parcels and
approximately 320 acres. The entire area is guided for industrial use in the comprehensive plan, however
several acres include large massings of old growth trees, wetlands and rolling topography more
conducive to alternate land uses.
Strack indicated MDG, Inc. was looking for input from the EDA Board on how they wished to approach
the development of a future industrial park. Options included: development of a future park by a private
individual; the pursuit of a public/private partnership to develop a portion of the property into an industrial
park; or, purchase and development of a portion of the property by the EDA/City.
The EDA indicated they wished to pursue further investigation of costs/issues associated with the
purchase of a portion of the property for development as an industrial park. Extenuating circumstances
include: land price, cost of utility installation, future roadway corridors due to intersect the area and
funding options. MDG will research cost of utility installation, placement of future roadway corridors and
land price for the next meeting.
Greater Minnesota Business Development Infrastructure Program
Strack provided an overview of this competitive grant program to the EDA which assists cities by
matching up to 50% of the cost of utility/infrastructure installation in industrial parks. Strack also noted
approximately $1 million in program funding remained and it was unclear whether or not the fund would
receive an additional allocation from the legislature this year. Strack further noted the application could
be submitted in conjunction with a proposed industrial development (excluding relocation from another
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community) and for infrastructure placement in new industrial parks expected to be vacant for over 12
months.
MDG will continue to monitor the progress of proposed legislation for fund reallocation and update the
EDA as warranted.
Prospect ListiActivity Report.
A report outlining communication with various contacts was included in the EDA's packet.
Director's Report.
Strack noted astaff/Council retreat was held earlier in the day. Topics included examination of 2003
project and 2004 goals. A brief discussion regarding Capital Improvement Planning occurred.
Board Member Reports.
None.
Adjournment
Motion by Hosch, seco ded by Deutz to adjourn. Motion carried 3 - 0. Meeting adjourned at 3:59 p.m.
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