Loading...
HomeMy WebLinkAbout[03] Minutes - August 3 2011CITY OF ST. JOSEPH ECONOMIC DEVELOPMENT AURTHORITY Meeting Minutes — Wednesday, August 3, 2011 Present: EDA Board Members Steve Frank, Carolyn Yaggie- Heinen, Tom Skahen, and Dale Wick. Absent: Chad Davey. Also present: St. Joseph resident Mike McDonald, St. Cloud Times Reporter TaLeiza Calloway, and EDA Director Cynthia Smith - Strack. Call to Order. Chairperson Wick called the August 3, 2011 rescheduled regular meeting of the St. Joseph EDA to order at 3:00 p.m. Agenda. Chairperson Wick introduced the agenda and requested the addition of agenda item 5b relating to a request from the Michael Williams St. Cloud City Administrator regarding St. Cloud Airport grant support. Motion by Heinen, second by Skahen to approve the agenda with the requested changes. Motion carried 4 -0. Approval of Minutes. Chairperson Wick introduced the minutes of the June 22, 2011 regular EDA meeting. Motion Wick, Second Skahen to approve the minutes from the June 22, 2011 regular EDA meeting as presented. Motion approved 4:0. Accounts Payable and Monthly Report. Chairperson Wick introduced the agenda items and reviewed accounts payable in the amount of $13,120.12 with $10,347.90 for services provided by Traci Ryan of David Drown Associates and $2,772.22 for MDG services. Wick introduced the June financial report noting the 2010 Audit had been completed and the financial reports illustrated the audited figures. Motion Skahen, Second Heinen to approve July accounts payable and the June financial report. Motion carried 4:0. Approval of TIF Disbursements. Wick introduced the agenda item. Strack noted that the Finance Director Lori Bartlett had prepared the first have TIF disbursements. The disbursement for TIF 1-4 (VicWest) totals $29,873.24 reflecting 90% of the increment for the first half of 2011. The disbursement for TIF 2 -1 (Millstream) totals $21,222.80 and represents 90% of the increment for the first half of 2011. Motion by Heinen, Second by Skahen to approve TIF disbursements in the amount of $29,873.24 for TIF 1 -4 and $21,222. 80 for TIF 201. Motion carried 4:0. Approval of BFA Disbursement: St. Joe Meat Market. Wick introduced the topic and stated that the requested BFA disbursement was applicable to approval of the grant request by the EDA on March 22, 2011. Strack noted the invoice submitted by Harvey Pfannenstein in the amount of $10,000 from Winkleman Building Corporation. The BFA disbursement in the amount of $1,000 is requested. Motion by Heinen, Second by Frank to approve 8FA Disbursement for the St. Joe Meat Market in the amount of $1,000. Motion Carried 4:0. 2012 Budget/CIP. Wick introduced the agenda item noting the City's Finance Director has convened the 2012 budget process. Strack stated an operational budget consistent with that contained in the 2011 annual budget had been submitted to the Finance Director, however, changes to the budget could be made by the EDA at this time. In addition, the EDA needed to review its capital improvement program (CIP) requests for submittal to the City Council. Frank referenced an article he recently read in the League of Minnesota Cities publication "Minnesota Cities ". The article focuses on the role of elected officials in economic development. Frank noted the publication puts forth that "There is a basic principle that local elected officials should keep in mind when thinking about economic development — there is no magic bullet or one - size - fits -all solution for economic development ". The article expounds on the thought putting forth ten things elected officials should know about economic development. Frank read from the publication the following: 1. Your local economic strengths and weaknesses. 2. Your community's place in the broader regional economy. 3. Your community's economic development vision and goals. 4. Your community's strategy to attain its goals. 5. Connections between economic development and other city policies. 6. Your regulatory environment. 7. Your local economic development stakeholders and partners. 8. The needs of your local business community. 9. Your community's economic development message. 10. Your economic development staff. Frank questioned if the EDA was doing the aforementioned items. Wick noted most of these items have been discussed. Heinen referenced previous accomplishments contained in annual reports relating to the items Frank referenced. Strack noted economic development portion of the Comprehensive Plan. Strack inquired as to the wishes of the EDA relating to the $8,000 contained in the line item for "Dues and Membership ". Wick suggested creating a new line item for "marketing ". Strack noted that costs associated with soliciting requests for proposals for economic development services were also going to be incurred in 2012. Motion Skahen, second by Heinen to create a new line item in Fund 150 relating to marketing and to request allocation of $7,000 in that line item and a corresponding reduction to line item 433 relating to dues and memberships. Motion approved 4:0. The EDA Board then moved on to a discussion about items to recommend for inclusion in the Capital Improvement Program. The EDA reviewed information relating to previous CIP requests, allocations, and actual expenditures along with program requests developed in previous years. The EDA Board specifically reviewed the following for 2012 CIP requests totaling $56,000: Let's Go Downtown 20,000.00 Business Development/TIF 10,000.00 Producer /Processor Institute 2,500.00 Business Demolition Program 8,000.00 BFA Grant/Loan Program 8,000.00 Rental Conversions 2,500.00 CSAH 2/3 Collection Street 5,000.00 Motion Skahen, second Heinen to submit 2012 CIP request of $56,000. Motion carried 4:0. EDA Minutes —August 3, 2011 2 Request — City of St. Cloud Regional Airport Grant. Wick introduced the agenda item noting a request for City Councils to consider support for a Small Community Air Service Development Program grant application. The request from St. Cloud City Administrator Michael Williams suggested a commitment of $1,000 for a local match and approval of a resolution supporting grant application. The item was before the EDA for a recommendation to the City Council. The EDA discussed the 2011 budget in relation to the matching grant request. The EDA also reviewed a suggested resolution. Motion Wick, second Skahen to recommend the City Council of St. Joseph approve Resolution 2011 -18 entitled 'Resolution of support for an application to the US DOT for a Small Community Air Service Development Grant to help enhance air service at the St. Cloud Regional Airport' without a dollar amount identified at this time. Motion carried 4:0. Board Member Announcements. Wick noted that Region 7E was meeting on August 4'h regarding the Central Minnesota CEDS update. He noted he could not attend but had requested an update on the St. Joseph EDA's grant requests. Wick reported the requests were being considered at the regional EDA office. Adjournment. Meeting adjourned by consensus at 4:20 PM. Cynthia Smith - Strack EDA Director EDA Minutes — August 3, 2011 3