HomeMy WebLinkAbout6B Election of Officers
4646 Dakota Street SE
Prior Lake, MN 55372
ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT
MEETING DATE: January 23, 2012
AGENDA #: 6 B
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 pr esident, treasurer, secretary and assistant treasurer.
Current Circumstances
The bylaws Article 5, page 5 (see bylaws in your EDA notebook) outline the
officers to be elected, their responsibility and the process. Councilmember
Ken Hedberg has serve d as President of the EDA and Commissioner Morris
has served as Vice President.
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 po wers as other EDA members. 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 , Pete Ald ritt, or both .
The treasurer 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
tho se which are received by members. With the exception of Pete Aldritt ,
PACT:
the other City employees listed above are not paid by the hour.
ALTERNATIVES: 1. Reappoint existing officers.
2. Appoint new officers to all or some of the positions.
RECOMMENDED As determined by the EDA.
MOT ION:
2