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HomeMy WebLinkAbout01 05 2016 Technology Village Minutes CITY OF PRIOR LAKE, MINNESOTA TECHNOLOGY VILLAGE BOARD OF DIRECTORS MEETING MINUTES – January 5, 2016 Phone: 952.447.9813 / Email: drogness@cityofpriorlake.com / www.cityofpriorlake.com 1. Call to Order The meeting was called to order at 7:31 a.m. in the Little Prior Conference Room at City Hall. Members present: Gerry Hughes, Adam Proehl, Lori Frank, Dan Stratton and Ken Hedberg. Staff present: Dan Rogness. 2. Approval of Meeting Minutes a. December 3, 2015 MOTION BY PROEHL and SECOND BY HEDBERG to approve the December 3, 2015 meeting minutes. The meeting minutes were approved 3-0 with Frank and Stratton abstaining. 3. Old Business a. Virtual Program Assigned Contacts Hughes: asked Board Members for reports on their contacts as follows: (1) Speiker Financial Services – Hughes made contact and report results; (2) New Market Bank – Proehl will soon be in contact; (3) Klein Bank – Stratton will soon be in contact, including South Metro Credit Union; and (4) US Bank – Frank will soon be in contact. b. Final 2016 Budget Approval Process Rogness and Hedberg: discussed the City Council’s final approval of the 2016 budgets, which included a 3-2 in favor of the EDA’s budget with no further change. Therefore, the Technology Village budget of $27,650 is intact for this year. 4. New Business a. Discuss Any Change in Chair and Vice-Chair Roles Hughes: reviewed the current officers of Hughes as Chair and Proehl as Vice-Chair, and asked for anyone else interested in those officer positions for 2016. MOTION BY HEDBERG and SECOND BY STRATTON to reappoint Hughes as Chair and Proehl as Vice-Chair for 2016. The motion was approved 5-0. 5. Staff Update a. Technology Village Phase III Analysis Update Rogness: updated the board on the Technology Village surveys that were developed by Greenwood Consulting. Less than 20 surveys have been returned so far, so Jim Greenwood has worked with the First Stop Shop to obtain a mailing list of area small businesses. Greenwood has agreed to pay for the postage to mail approximately 1,200 surveys. Hughes: asked Rogness to check with the Prior Lake American in order to possibly get an article with the survey in this week. Hughes: said that a meeting with owners of the old Norex building should be coordinated by the middle of February, if possible. Hedberg: noted that it may be possible to consider the ReMax office building at the northwest corner of Highways 12 and 21 since the County and City may consider its acquisition for future right-of-way. In the interim, the building could possibly be used for Technology Village. b. SBIR (Small Business Innovation Research) Workshop Rogness: reviewed recent discussions with Greenwood Consulting and the MN-SBIR director to schedule a SBIR/STTR workshop on Wednesday, February 10 at City Hall. Rogness said that the City is providing space and no monetary support with MN-SBIR taking the lead on the workshop’s agenda and logistics. Scott and Dakota Counties have also agreed to help market this event. Hughes: suggested that Technology Village be promoted in some fashion during the lunch break. c. Technology Village Metric Report – December 2015 Hughes: briefly reviewed the metrics in the year-end report for 2015. Rogness: noted that Valde Group is shown on the last page of the report as not paying rent for the past four months of 2015. Board Members: asked staff to request a full payment deadline from John Bryant to be no later than mid-January. The Board would be willing to discuss other options if Bryant is unable to make this full payment. Past due fees will not be applied if full payment is promptly made to the City. d. Action Item Update Board Members: reviewed the pending Technology Village action items. Hughes: asked staff to check with a contact for the Scott County newsletter, “The Scene”, to provide an article for future publication. He also said that the collateral piece should be revisited once a decision is made on the virtual program approach. Hughes: noted that the key items listed include: (1) scheduling a meeting with Norex on their building space; (2) determining the educational sessions for Lunch & Learn events in 2016; and (3) identifying local service providers that would be invited to a lunch event to discuss Technology Village opportunities. e. Board Member Ideas / Recommendations Hughes: reviewed the meeting calendar for January and February, and concluded that the workshops would not be held either of those two months due to Board member travel plans. Frank: emphasized the Board’s need to continue to recruit businesses for a pipeline in 2016. Proehl: discussed opportunities to gather business “power players” that reside in Prior Lake or the area that would provide valuable resources and connections for Technology Village. He used Jim McCarty, retired from Ecolab, as an example. 6. Adjourn MOTION BY FRANK and SECOND BY STRATTON to adjourn the meeting. The motion was approved 5-0. The meeting adjourned at 8:30 a.m. Submitted by: Dan Rogness