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HomeMy WebLinkAbout06.21.22June 21, 2022 Page 1 of 2 Pursuant to due call and notice thereof, the St. Joseph Economic Development Authority met on Tuesday, June 21st, 2022 at 12:00 PM. Members Present: Board Members Kevin Kluesner, Rick Schultz, Joe Bye, Members Absent: Dale Wick, Larry Hosch City Representatives Present: Community Development Director Nate Keller, City Administrator Therese Haffner, Finance Director Lori Bartlett Schultz called the St. Joseph Economic Development Authority meeting to order at 12:00 PM Public Comments None Agenda Approval: Kluesner made a motion to approve the agenda as presented; seconded by Bye and passed unanimously by those present. Consent Agenda: Kluesner made a motion to approve the consent agenda as follows; seconded by Bye and passed unanimously by those present. a. Minutes -Approve the minutes of May 17th, 2022 b. Financial Report — MAY Facade Grant Request — Bo-Diddley's Keller presented the grant request. Lee Weisbrich owner of Bo-Diddley's also provided some additional background. Request would go towards remaining patio, and landscaping work. Motion by Kluesner to recommend approval of the Facade grant request in the amount of $2,000; seconded by Bye and passed unanimously by those present. TIF Report Summary and TIF/Tax Abatement overview Bartlett provided a summary of the TIF report. The EDA and City must complete reports and send those to the State Auditor every year by August 1st with the summary being published by August 15tn Motion by Bye to approve publishing of the annual TIF reports; seconded by Kluesner and passed unanimously by those present. CVB — T-Shirts and hat discussion When the CVB first started a handful of Joetown merchandise was given away through promotions to help increase brand awareness. The practice was discontinued when the merchandise was moved to one central location. The EDA asked staff if their was a set number or amount the CVB is asking. Keller did not believe CVB had a set number. Discussion occurred on putting a dollar amount behind the request (no more than $200). Board members asked staff to circle back with CVB. JR Mobile Discussion Keller provided an update on the discussions and status of the site. Keller asked the EDA if staff could move forward with discussions on property acquisition. Motion by Schultz to ask that staff approach the property owner on potential acquisition of JR Mobile site; seconded by Kluesner and passed unanimously by those present. DEED Grant Keller presented some background on a DEED redevelopment grant which would help facilitate development if the city is successful in purchasing the property. June 21, 2022 Page 2 of 2 Motion by Schultz to allow staff to pursue the DEED Redevelopment grant, seconded by Bye and passed unanimously by those present. 2023 Budgeting Staff is brainstorming 2023 budget ideas. One item staff would like to keep is the current Fagade and Demolition grant amounts. 2022 saw a significant increase in the amount of grants being applied for. This demonstrates the program is seeing success after increasing the allowable amounts given from 2021. The CVB will have discussion at their July meeting regarding goals for 2023. These will be reviewed by EDA at their July and August meetings. Business/Development, EDA priorities Keller provided updates on: Craft Distillery, Trobec's, Special Event Facility, River's Bend 4, East Park Grant, Storage Link Site plan on 8th Ave NE, and boutique hotel discussions. Board Member Announcements None Adjourn: Bye made a motion to adjourn the meeting at 1:02 PM, seconded by Schultz and passed unanimously by those present. Nate Keller Community Development Director