HomeMy WebLinkAbout2004 [04] Apr 214-21-04
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CITY OF ST. JOSEPH
ECONOMIC DEVELOPMENT AUTHORITY
Meeting Minutes -Wednesday, April 21, 2004
Present: EDA Board Chairperson Ross Rieke, Board Members Mike Deutz, Bruce Gohman and Tom
Skahen.
Absent: EDA Board Member Larry Hosch.
Also present: Cynthia Smith-Strack of Municipal Development Group.
Chairperson Rieke called the regular meeting of the St. Joseph EDA to order at 3:17 p.m.
Agenda.
Moved by Skahen seconded by Deutz to approve the agenda as presented. Motion carried 4-0.
Minutes.
The minutes from the February 18, 2004 Regular EDA meeting were discussed.
Moved by Gohman seconded by Hosch to approve the minutes from the regular EDA meeting held
February 18, 2004. Motion carried 4-0.
EDA Accounts Payable.
Strack provided an overview of accounts payable.
Motion by Gohman, second by Skahen to approve EDA accounts payable in the amount of $2,282.64.
Motion carried 4-0.
Financial Report
Strack distributed EDA Revenue and Fund Balance reports for the months of February and March; copies
of the Expenditure Report and the Check Register were distributed with the packet. The EDA financial
report was briefly reviewed.
Moved by Deutz, seconded by Skahen to approve the ilnancial report. Motion carried 4-0.
Future Industrial Park.
Strack provided an overview of the contact that has been on-going with representatives from the Feld
property and information more recently received regarding estimates for utility extension and public
purchase of a portion of the property for industrial development. Strack also reviewed public financing
options available including a TIF Bond which requires 90% of the property to be sold prior to bond
issuance, a contract for deed option (requested by Feld representatives) and a general obligation bond.
Strack also presented new information regarding discussions/meetings with representatives of the
Borgert Property.
Strack indicated MDG, Inc. was seeking for input from the EDA Board on how they wished to approach
the development of a future industrial park since it appeared a public park was not feasible. Likely
remaining options included: development of a future park by a private individual or the pursuit of a
public/private partnership to develop a portion of the property into an industrial park. The EDA will further
discuss industrial park development incentives available to assist in a public/private partnership at a
special joint session with the City Council on May 28~h. In the meantime, the EDA requested MDG
continue to encourage the development of additional industrial acreage with both the Feld and Borgert
Representatives.
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Joint Meeting with City Council/EDA
Strack provided an overview a memo contained in the EDA packet regarding the benefits of a joint City
Council/EDA meeting to review major projects which are anticipated to occur in 2004-2005. These
projects include but are not limited to the proposed industrial park, transportation studies and a potential
highway commercial development.
Some EDA Board Members questioned the intent of the meeting relative to previous communication
complexities between the Council and EDA. Chairperson Rieke underscored the purpose of the meeting
was to discuss possible future roadway corridors and making additional improved industrial acreage
available within the community.
Prospect ListiActivity Report.
A report outlining communication with various contacts was included in the EDA's packet.
Board Member Announcements.
Skahen reported the Wobegon Trail Center construction was completed and noted the St. Cloud Times
article highlighting the facility and Board Member Deutz's contribution to the project. Skahen invited all
EDA Board Members to an open house scheduled for April 30tH
Board Member Gohman requested MDG contact Mr. Jerry Hettwer of Hettwer Real Estate Services
regarding the sign at the Buettner Business Park which has fallen into a state of disrepair.
Board Members Gohman and Deutz noted a need to expedite the building permit process in the interest
of economic development.
Board Member Gohman requested the EDA seriously reconsider participation in the St. Cloud Area
Economic Development Partnership.
Adjournment
Motion by Skahen, seconded by Gohman to adjourn. Motion carried 4 - 0. Meeting adjourned at 4:45
p. m.
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