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HomeMy WebLinkAbout12 16 2013 EDA Report 8B 4646 Dakota Street SE Prior Lake, MN 55372 ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT MEETING DATE: December 16, 2013 AGENDA #: 8B PREPARED BY: Dan Rogness, Community & Economic Development Director AGENDA ITEM: BYLAWS AMENDMENT DISCUSSION DISCUSSION: Introduction The purpose of this agenda item is to discuss whether the Bylaws of the EDA (and the Enabling Resolution) should be amended to expand eligibility for non-Council appointments. History The EDA’s Bylaws, Section 3.3, Eligibility for Non-Council Members, provides two criteria for eligibility: 1. Be a resident of the City, or 2. Hold a controlling financial interest in a business located within Prior Lake. Current Circumstances The three non-council appointees currently on the EDA meet one or both of these two criteria. However, Dave Chromy’s controlling interest in a business will end sometime in 2014. If a person such as Dave deserves to be considered as a non- council appointee to the EDA, then the EDA may want to consider amending the bylaws to also allow someone working full-time in a business in Prior Lake. Conclusion A third criteria could be added such as: 3. Work full-time in a business located in Prior Lake. This would open the eligibility pool of applicants by quite a few people, assuming many people work in Prior Lake and live outside the city. This would include people working, for example, at the Mystic Lake Casino Hotel. ISSUES: Does this type of change make sense broadly for the good of the City and the EDA versus looking at this change for one particular person? FINANCIAL N/A IMPACT: ALTERNATIVES: 1. Motion and second to recommend that the City Council consider an amendment to the EDA Bylaws and Enabling Resolution to expand eligi- bility crieteria for non-Council appointments. 2. Motion and second to not consider amending the EDA Bylaws. 3. Table action for further discussion. RECOMMENDED Staff recommends Alternative #1 MOTION: