HomeMy WebLinkAboutJanuary 6, 1992
HERITAGE
1891
COMMUNITY
1991
W"J!X9-K
20)1
MINUTES OF THE ECONOMIC DEVELOPMENT AUTHORITY
January 6, 1992
President Gene White called the Economic Development Authority to
order at 7:45 p.m.
Members present were: Andren, Arnold, Fitzgerald, Kedrowski,
Scott and White. Members absent were: Bob Barsness.
The first order of business was to review the December 16, 1991
minutes.
MOTION MADE BY ARNOLD, SECONDED BY ANDREN, TO APPROVE THE
DECEMBER 16, 1991 EDA MINUTES AS SUBMITTED.
Upon a vote taken, ayes by Andren, Arnold, Fitzgerald, Scott and
White, the motion carried. Note: Kedrowski abstained.
The next order of business was: (A) Consider Appointments for
1992. President White asked for nominations from the floor for
President, Vice President, Treasurer and Assistant Treasurer.
Member Arnold recommended that all four positions be retained for
another term.
MOTION MADE BY ARNOLD, SECONDED BY FITZGERALD, THAT PRESENT
OFFICERS: PRESIDENT, GENE WHITE; VICE PRESIDENT, JOHN FITZGERALD;
TREASURER, BOB BARSNESS; AND ASSISTANT TREASURER, DAVE UNMACHT;
BE ELECTED FOR ANOTHER TERM.
Upon a vote taken, ayes by Andren, Arnold, Fitzgerald, Kedrowski,
Scott and White, the motion passed unanimously.
The next order of business was: (B) Present Development
Agreement For Approval. Assistant City Manager Schmudlach
introduced Kathleen Nye-Reiling and Neil Boderman. Ms.
Nye-Reiling addressed the Council and stated that Enivid
Corporation recommends al?proval of the Agreement and would assume
the cost for legal fees ~ncurred by the City while amending the
Agreement. On behalf of Enivid, Ms. Nye-Reiling expressed her
support and thanks to the EDA and City.
MOTION MADE BY FITZGERALD, SECONDED BY SCOTT, TO APPROVE THE
SECOND AMENDED AND RESTATED AGREEMENT AND EDA RESOLUTION 92-01.
Upon a vote taken, ayes by Andren, Arnold, Fitzgerald, Kedrowski,
Scott and White, the motion passed unanimously.
There being no other business, President White adjourned the EDA
meetingJa~l7:SS. p.~:
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Presiden
4629 Dakota S1. S.E., Prior Lake, Minnesota 55372 / Ph. (612) 447-4230 / Fax (612) 447-4245