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HomeMy WebLinkAbout2009 [05] May 27CITY OF ST. JOSEPH ECONOMIC DEVELOPMENT AURTHORITY Meeting Minutes -Wednesday, May 27, 2009 Present: EDA Board Members Carolyn Yaggie-Heinen, Ken Jacobson, AI Rasssier, Tom Skahen, and Dale Wick. Absent: None. Also present: City Council Member Steve Frank, Mike McDonald, resident and Margy Hughes and Dave DeMars, St. Joseph Newsleader. Chairperson Wick called the May 27, 2009 regular meeting of the St. Joseph EDA to order at 5:00 p. m. Agenda. Chairperson Wick introduced the agenda. Moved by Rassier and seconded by Jacobson to approve the agenda as presented. Motion carried 5-0. Approval of Minutes. Chairperson Wick introduced the minutes from the April 22, 2009 regular meeting. Motion by Skahen, second by Heinen to approve the minutes from the April 22, 2009 regular meeting. Motion carried 5-0. EDA Accounts Payable. Wick introduced the topic. Wick noted accounts payable for the month which totaled $2,545.68. Wick noted April had five Wednesdays, thus the extra mileage. Motion by Jacobson, second by Skahen to approve the EDA accounts payable for the month of May 2009 in the amount of $2, 545.68. Motion carried 5-0. Financial Report. Wick introduced the agenda item. Strack noted the April 2009 year to date Treasurer's Report illustrates expenses of $16,859.07 as of the close of April, budgeted revenue for 2009 is $45,010.00; expenses $35,540.00; the difference is an extra allocation for the addition of a staff level Community Development Director. Wick noted the City Council authorized a transfer from the general fund to Fund 150 at its previous meeting. Motion Heinen with a second by Jacobson to approve the financial reports as presented. Motion carried 5-0. 2009 Business Retention 8~ Expansion Program Business Builder Breakfast Wick introduced the topic. Strack stated that at the April meeting the EDA decided the 2009 BRE (Business Retention/Expansion) Program would be initiated with a "business builder breakfast". The event would be an early morning activity limited to less than one hour in duration. EDA direction from the April meeting was to develop ideas for the event. Strack referenced several sample postcards describing the event for our discussion purposes and doubling as a sample invitation. Strack further noted that the more she reviewed the EDA's goals, the more she was drawn to a "meeting in a box" activity. The 'meeting in a box' (MIB) format is extremely informal and centered on small group discussion. The MIB can be used for casual get-togethers or, for a more formal event such as the 2009 BRE initiating event. All items for the meeting are contained in a box placed on each table. In this case the box could contain coffee, donuts, EDA (what we've done, or what our core issues are, who EDA members are, etc.) information/fact sheets, and a very brief survey to be completed as a group exercise over 'breakfast'. Under the MIB format, there are no formal presentations, no speakers, just business building. The EDA reviewed the sample postcards and requested the "Power Breakfast" language be combined with the image used for the "Most Important Meal" postcard. The event is to be held at the fire hall on June 23~d (Tuesday) from 7:30 a.m. to 8:15 a.m. The EDA discussed the meeting in a box format and decided a very short welcome/presentation/explanation be provided about mid-way through the event. Strack was directed to put some ideas together and distribute via email for comment. Decertification of TIF 1-3 Borgert Wick introduced the agenda item. Strack referenced the memo included in the packet from Finance Director Lori Bartlett. The memo indicated that at this time TIF 1-3 can be decertified. Per Minnesota State Statutes, any excess tax increments will be returned to Stearns County to be redistributed to all taxing jurisdictions of the district. As of May 15, 2009, TIF 1-3 has a balance of $6,020.75. Final allowable administrative costs will be deducted from this balance to determine the excess tax increment collected. Once the decertification is approved, the remaining balance will be returned to Stearns County. Bartlett's memo requested a recommendation from the EDA to the City Council so as to decertify TIF 1-3, effective immediately. Motion Skahen, second by Wick recommending to the City Council decertification of TIF 1-3, Borgert Products, effective immediately with any remaining excess tax increments to be returned to Stearns County. Motion approved 5:0. Street/Landscape Plan Proposal Wick introduced the agenda item. Strack noted since the April meeting she had submitted applications for plan development assistance to Stearns Electric (Operation Round Up), the Lions Club, the Jaycees, and the Chamber. The donations would assist in the drafting of street/landscaping plans. The proposal price was $3,500 with a reduction of $1,000 by the Company. Board Member Reports None. Adjournment. Meeting adjourned by consensus at 5:28 PM. LSO 2,rXGuC£ ~~~ - ~~~~ Cynthia Smith-Strack EDA Director EDA Minutes -May 27, 2009 2