HomeMy WebLinkAbout2002 [11] Nov 2011-20-02
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CITY OF ST. JOSEPH
ECONOMIC DEVELOPMENT AUTHORITY
Meeting Minutes -Wednesday, November 20th, 2002
Present: EDA Board Members Bruce Gohman, Larry Hosch, Bob Loso, Mike Deutz and Ross Rieke
(4:17p.m.)
Also present: Cynthia Smith-Strack of Municipal Development Group.
Chair Gohman called the meeting of the St. Joseph EDA to order at 4:05 p.m.
Agenda.
Moved by Loso, seconded by Hosch. The agenda was approved as presented 4:0.
Minutes.
Moved by Loso seconded by Hosch to approve the minutes of the October 16, 2002 EDA meeting as
presented. Minutes were approved 4:0 as presented.
Accounts Payable.
The EDA discussed accounts payable for the month of October in the amount of $2,342.70 and year to
date expenditures as they related to the annual budget. A few discrepancies were noted as they relate to
EDA revenues and expenditures.
EDA revenues indicate a balance of $(1,482.25) with zero dollars received from Ad Valorem Taxes. A
corrected EDA Revenue Statement is requested for the December EDA meeting which accurately reflects
revenue sources (i.e. Taxes, TIF proceeds from Bogart (SKN Properties) and Interest Earnings).
Clarification of the deposit received for the development of Tax Increment Finance District 1-4 (St. Joe
Development, LLC.) should also be included.
EDA Expenditures depicted total $(3,222.86), including a negative balance in line item 300 (Professional
Services) and line item 327 (Tax Increment Cert. Clarification of line item 327 is requested, along with a
review of expenditures relative to the creation of Tax Increment Finance District 1-4 (St. Joe
Development, LLC.). The EDA also requests sample 2003 TIF budgets for TIF District 1-3 (SKN
Properties) and TIF District 1-4 (St. Joe Development, LLC.), as proposed in August and recommended to
the City Council for inclusion in the 2003 budget. Finally, the EDA requests amortization schedules from
both TIF districts.
Moved by Hosch, seconded by Deutz to approve October Accounts Payable. Accounts payable were
approved 4-0.
EDA member Ross Rieke arrived at 4:17 p.m.
Marketing Materials.
Strack provided an update of alternative marketing activities as requested at the September 18th EDA
meeting and tabled at the October 20th meeting. Strack indicated the trend in community marketing has
been toward web site development/support and compact disc production. Strack distributed sample
language for posting on the City's web site. Information included general information on the community,
available sites, incentives available and detail on infrastructure/amenities. The handouts were reviewed
and suggestions made. The EDA would like to include downloadable photographs of available properties
on the website, if possible and allow the public to contact the city via email for more information or to post
a property.
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Prospect List/Activity Report.
A report outlining communication with various contacts was included in the EDA's packet. A brief
overview of several projects was provided.
Revised Economic Development Chapter -Comprehensive Plan.
Strack indicated a copy of the revised economic development chapter was included in the EDA packet for
member information.
Industrial lot size -Buettner Business Park.
Pursuant to a request from a developer, Strack requested a cursory review of an amendment to the
Buettner Business Park covenants to allow a 2.5-acre lot as opposed to the current minimum lot size of
three acres. Strack indicated three contacts have expressed interest in smaller lots, and in many cases
developers simply don't want/need an entire three acres. Strack noted the absence of smaller industrial
lot sizes within the community and indicated initial discussion had taken place regarding re-platting of the
Borgert property adjacent to Elm Street.
The EDA concurred the current three-acre minimum lot size should be retained.
SCAEDP Site Search.
Strack noted the St. Cloud Area Economic Development Partnership was working with a commercial
launderer from the Minneapolis area relative to site selection within the St. Cloud area. Strack noted the
SCAEDP had contacted the City regarding a possible meeting with company representative. Strack
indicated that further investigation with the prospect indicated water use of 250,000 gallons per day.
Strack noted the City's water treatment facility is currently exceeding capacity during some days and
inquired as to whether it was appropriate withdraw from the site selection process due to inability to
provide municipal water service. The EDA concurred.
Board Member Announcements:
None.
Next Meeting
The next official meeting of the EDA is scheduled for December 18, 2002. Discussion of whether or not
to hold the meeting ensued. The EDA expressed an interest in conducting the meeting as scheduled.
Adjournment
Moved by Loso, seconded by Deutz to adjourn. All present voted in favor of adjournment, the EDA
meeting adjourned at 5:20 p m. ~
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