Loading...
HomeMy WebLinkAbout02 19 2013 EDA draft minutes 4646 Dakota Street SE Prior Lake, MN 55372 41 INNEsol Y ' Economic Development Authority Meeting Minutes February 19, 2013 1. CALL TO ORDER President Hedberg called the meeting to order at 4:07 p.m. Present were Hedberg, Kenney, Morris, Choudek and Chromy. Also present was EDA Executive Director Boyles, Community & Economic Development Director Rogness, and Community Development Specialist McCabe. 2. APPROVAL OF AGENDA MOTION BY CHROMY, SECONDED BY MORRIS TO APPROVE THE AGENDA. VOTE: Ayes by Hedberg, Kenney, Morris, Choudek and Chromy. The motion carried. 3. APPROVAL OF MEETING MINUTES MOTION BY CHROMY, SECONDED BY CHOUDEK TO APPROVE THE MINUTES OF JANUARY 22, 2013. VOTE: Ayes by Hedberg, Kenney, Morris, Choudek and Chromy. The motion carried. MOTION BY CHROMY, SECONDED BY MORRIS TO APPROVE THE MINUTES OF SPECIAL MEETING ON FEBRUARY 4, 2013. VOTE: Ayes by Hedberg, Kenney, Morris, Choudek and Chromy. The motion carried. 4. CONSENT AGENDA The following items were presented on the Consent Agenda and summarized by Rogness: A. Consider Approval of the Preliminary 2012 Financial Report for the Economic Development Authority Special Revenue Fund. MOTION BY CHROMY, SECONDED BY KENNEY TO APPROVE THE CONSENT ITEM. VOTE: Ayes by Hedberg, Kenney, Morris, Choudek and Chromy. The motion carried. 5. REMOVED CONSENT AGENDA ITEMS No items were removed. 6. PUBLIC HEARING No public hearing was scheduled. 7. OLD BUSINESS A. Election of Officers for 2013. Rogness: reviewed the five officer positions for 2013, including President Vice President, Secretary, Treasurer and Assistant Treasurer. Rogness stated that the positions of Secretary, Treasurer and Assis- tant Treasurer would not have to be commissioners. Boyles: stated that the EDA Bylaws require the Treasurer to be the city's Finance Director. Hedberg: informed commissioners that he is interested in being President again in 2013. Morris: informed commissioners that he is not very interested in being Vice President again in 2013. Choudek: said that she is willing to be Vice President in 2013. Board Members: agreed that city staff should be elected to the three other officer positions in 2013, in- cluding Boyles as Secretary, Erickson as Treasurer, and Rogness as Assistant Treasurer. Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com MOTION BY MORRIS, SECONDED BY CHROMY TO APPROVE THE 2013 ELECTIONS AS PRO- POSED. VOTE: Ayes by Hedberg, Kenney, Morris, Choudek and Chromy. The motion carried. B. Sewer and Water Fee Deferral Program Policy and Budget. Rogness: indicated that the City Council had approved the Sewer and Water Fee Deferral Program on February 11, 2013. As part of its approval, the EDA must fund any local deferrals from its budget in order to fully fund the city's sewer and water accounts. If a deferral application is received by the city, the appli- cation's approval is contingent upon the EDA having sufficient funds to "up- front" the deferral amount. Kenney: asked if some type of City or EDA- issued revenue bond might provide more funding opportunities to this program. Boyles: suggested that staff return with a summary of funding options at its next meeting. EDA Commissioners: discussed the amount of funds to allocate to this program from its 2013 Profes- sional Services budget, and upon recommendation from city staff, they felt that $20,000 was an appropriate amount to allocate in the short term. MOTION BY CHOUDEK, SECONDED BY CHROMY TO AMEND THE EDA'S 2013 BUDGET TO MOVE $20,000 FROM PROFESSIONAL SERVICES TO A SEWERIWATER FEE DEFERAL PROGRAM. VOTE: Ayes by Hedberg, Kenney, Morris, Choudek and Chromy. The motion carried. C. EDA Business Plan and 2030 Vision & Strategic Plan. Rogness: summarized the EDA's business plan and the City's strategic plan related to economic devel- opment. Morris: discussed the broadband component of the implementation plan. He said that the EDA should be moving forward to fund the $700,000 walk -out design with the use of General Obligation bonds. Kenney: said that the EDA should first design the business model before committing funds to this initiative for economic development. Boyles: reviewed the status of the RFP for extending fiber to municipal facilities, and to other business ar- eas in the southeast part of Prior Lake and other extensions south of County Road 42. Morris: felt that a presentation to the City Council would be important due to the newly elected council members not having received previous information from the Broadband Advisory Committee. He also men- tioned the data center concept that would be important to the overall implementation of high -speed fiber throughout Prior Lake. Hedberg: asked that city staff consider metrics for this initiative that would quantify the jobs, businesses, revenue to the city, and other economic development benefits to Prior Lake. EDA Commissioners: asked that Morris continue to work with others to move forward with a viable rec- ommendation to the EDA for a community -wide fiber network system. Rogness: provided an update on Technology Village in terms of three tenant leases and the newly formed Board of Directors. EDA Commissioners: liked the direction of this initiative, and they further asked that the board continue to explore remote office establishments as part of Phase 2. They also requested that the Board leverage re- sources locally to support this endeavor. Rogness: noted that other sections of the business plan should be delayed due to time constraints. 8. NEW BUSINESS D. Election of EDAC Liaison. McCabe: asked that the EDA appoint an EDAC liaison for 2013 meetings. Choudek: volunteered to be the liaison for 2013 MOTION BY CHROMY, SECONDED BY MORRIS TO APPROVE CHOUDEK AS THE EDAC LIASION APPOINTMENT FOR 2013. 2 VOTE: Ayes by Hedberg, Kenney, Morris, Choudek and Chromy. The motion carried. 9. OTHER BUSINESS A. Development Update. Rogness: provided an update of development activity in Prior Lake in comparison to other Scott County communities during the past 5 -10 years as well as recent development activity. Rogness answered ques- tions from EDA Commissioners about his presentation. B. Draft Agenda. Rogness: reviewed a draft agenda for the EDA's March 18th meeting; there was no further discussion about this agenda item. C. ADJOURNMENT MOTION BY CHROMY, SECONDED BY CHOUDEK TO ADJOURN THE MEETING. With all in favor, the meeting adjourned at 6:27 p.m. Frank Boyles, Executive Director 3