HomeMy WebLinkAbout10 21 2013 EDA Report 7A
4646 Dakota Street SE
Prior Lake, MN 55372
ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT
MEETING DATE: October 21, 2013
AGENDA #: 7A
PREPARED BY: Dan Rogness, Community & Economic Development Director
AGENDA ITEM: APPOINT EDA MEMBER TO BE ON THE TECHNOLOGY VILLAGE BOARD OF
DIRECTORS
DISCUSSION: Introduction
The purpose of this agenda item is to appoint an EDA member to the Technology
Village Board of Directors (BOD) to replace Bob Morris. The EDA decided to wait
until the vacant EDA position was filled before making that appointment.
History
The Technology Village Bylaws requires that at least one EDA member be seated
on the BOD. Bob Morris was selected to be in that seat since the BOD began in
early 2013. The BOD meets monthly for its regular meeting on the first Wednesday
from 4:00 – 6:00 p.m., with an optional workshop meeting on the third Wednesday
at the same time.
Current Circumstances
A vacant EDA seat on the Technology Village BOD currently exists that must be
filled by EDA appointment among its members.
Conclusion
At this EDA meeting, members should nominate a willing participant to be on the
Technology Village BOD for the remainder of Bob Morris’ term, ending 10/31/14.
ISSUES: As a member of the BOD, the EDA Member will be looked to for leadership as a
representative of the EDA. The BOD meets monthly on the first Wednesday. About
every other month, the BOD conducts a workshop typically on the third Wednesday
of the month. In addition, the EDA member serving on the BOD can expect to serve
some time mentoring occupants of the incubator as that is in part of what they are
seeking through their participation. As such, the EDA member will become a leader
which other BOD members will follow.
FINANCIAL N/A
IMPACT:
ALTERNATIVES: 1. Take no action and direct the staff to assemble additional information.
2. Solicit nominations from among the EDA members and make an appoint-
ment by motion and second.
RECOMMENDED Alternative 2. Motion and second to nominate an EDA member to the Technology
MOTION:
Village Board of Directors for a term ending 10/31/14.