HomeMy WebLinkAbout04-28-16 MINUTES
ECONOMIC DEVELOPMENT AUTHORITY
Regular Meeting
April 28, 2016
1. CALL TO ORDER
The meeting was called to order by Chair Larson at 6:30p.m.
Members Present: Jolley, Larson, Zeaman, Wilson, Cordes
Members Absent: Bonar, Corraro
Also Present: Adam Kienberger, Community Development Director; Stacie Kvilvang, Ehlers&
Associates.
2. PLEDGE OF ALLEGIANCE
3. ROLL CALL
4. APPROVE AGENDA
MOTION by Jolley second by Wilson to approve the Agenda. APIF,Motion Carried.
5. CITIZEN COMMENTS/PRESENTATIONS
6. CONSENT AGENDA
MOTION by Cordes second by Jolley to approve the Consent Agenda as follows:
a) Meeting Minutes—March 24, 2016 Regular Meeting
b) Monthly Statements
APIF, Motion Carried.
7. PUBLIC HEARINGS
8. DISCUSSION ITEMS
a) Trident Development Draft TIF Agreement Review—Stacie Kvilvang with Ehlers, city's
financial consultant, reviewed Trident's TIF request. The current proposal is an 11 year TIF
district for$1,470,000. This will go before the City Council on June 6, 2016. Trident
Development is hoping to break ground in June.
b) Downtown Redevelopment Plan Implementation—Director Kienberger noted that on April
18th the City Council adopted the downtown Redevelopment Plan. They also authorized the
creation of a Downtown Action Plan and allocated financial resources to an initial
implementation of promoting the downtown as a bike trail hub. The Downtown Action Plan was
discussed with the members. A grant or loan program was discussed. Member Zeaman stated
that a policy for equal opportunity for participation should be considered. Member Jolley noted
that there are no loan programs through the city,that is what Open to Business was established
for. They work with the Metropolitan Consortium of Community Developers (MCCD) for loan
packages.
9. DIRECTOR'S REPORT
April Director's Report
a) Dakota County CDA Strategic Plan—Dakota County will be starting their planning process. Some of
the topics include: TIF, Economic Development(at county level), Relationships with cities (grant
programs, funding, etc.).
EDA Minutes(Regular)
April 28,2016
Page 2
b) City Website Update/EDA Photo—It was the consensus of the Board to have a photo for the website. If
there is full attendance at the next meeting, the photo could be taken at that time.
c) 2016-2018 Strategic Plan for Economic Development—This will be an item on the agenda each month
in the Director's report. The board asked Director Kienberger to invite Mike Slavik with the Dakota
County CDA to the May meeting.
d) Miscellaneous articles were included in the packets for the Boards review.
e) Next meeting will be on Thursday, May 26 at 6:30PM.
10. ADJOURN
MOTION by Wilson, second by Jolley to adjourn at 7:40PM p.m. APIF,Motion Carried.
Respectfully submitted,
Sue Miller
Administrative Assistant