HomeMy WebLinkAbout6A Election of Officers
4646 Dakota Street SE
Prior Lake, MN 55372
ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT
MEETING DATE: February 10, 2011
AGENDA #: 6A
PREPARED BY : Frank Boyles, Executive Director
PRESENTED BY: Frank Boyles
AGENDA ITEM: Election of Officers
DISCUSSION: Introduction
The purpose of this agenda item is to have the EDA elect officers in acco r-
dance with its bylaws.
History
The City Council adopted bylaws to help the EDA accomplish its objectives.
The bylaws provide for the periodic election of officers including president,
vice president, treasurer, secretary and assistant treasurer.
Current Circumstances
Since this is the first meeting of the EDA, no one has been elected to serve
as officers. The bylaws Article 5, page 5 (see bylaws in your EDA notebook)
outline the offi cers to be elected, their responsibility and the process.
Conclusion
The EDA should determine who desires to assume various officer positions
and formalize such action by vote.
ISSUES: The president of the EDA has the same powers as other EDA memb ers. In
addition, the president may speak for the EDA and assume the responsibility
for certain ceremonial duties (grand openings, ground breakings, etc.). The
president also chairs the regular and special meetings of the EDA.
The vice president assumes the duties of the president in his/her absence.
Neither the secretary nor treasurer offices need to be held by an EDA co m-
missioner. I would ask the EDA to authorize me to designate a secretary
which may be Charlotte Green , Joe Sortland , or both .
The tr easurer of the EDA should be Finance Director Jerilyn Erickson. The
EDA may select among its membership an assistant treasurer.
FINANCIAL I M- There is not additional compensation accorded to officers of the EDA beyond
those which are received by members. With the exception of Joe Sortland,
PACT:
the other City employees listed above are not paid by the hour.
ALTERNATIVES: 1. Solicit nominations for the office of president, vice president and assi s-
tant treasurer; and nominate and vote for each as d etermined by the
EDA.
2. Motion and second to appoint the Executive Director’s designee as se c-
r e tary and Finance Director Jerilyn Erickson as treasurer.
The EDA should make a motion and second for each and then vote.
RECOMMENDED Both #1 and #2.
MOTION:
2