HomeMy WebLinkAbout04 05 2016 Technology Village Minutes
CITY OF PRIOR LAKE, MINNESOTA
TECHNOLOGY VILLAGE BOARD OF DIRECTORS
MEETING MINUTES – April 5, 2016
Phone: 952.447.9813 / Email: drogness@cityofpriorlake.com / www.cityofpriorlake.com
1. Call to Order
The meeting was called to order at 7:35 a.m. in the Little Prior Conference Room at City Hall. Members present: Gerry
Hughes, Dan Stratton and Ken Hedberg. Staff present: Dan Rogness. Others present: Lloyd Erbaugh.
2. Approval of Meeting Minutes a. March 8, 2016
MOTION BY HEDBERG and SECOND BY STRATTON to approve the March 8, 2016 meeting minutes. The
meeting minutes were approved 3-0.
3. Old Business a. Program Participant Status – Valde Group
Hughes: summarized the history and current status of Valde Group’s non-payment of that lease since October
of 2015; the total past due amount is $2,090 for seven months through March of 2016. Casey McCabe recently
asked Valde Group if he should propose a restructuring of his past due lease amount, acceptable to John Bryant
of Valde since Bryant was no able to do so. Bryant had informed McCabe that he was not able to meet the
repayment schedule approved by the Board at its March 8th meeting. Valde’s latest approved proposal included
forgive $1,320 of their total lease obligations through October of 2016 by reducing the third year lease rate to
remain the same as in the second year ($220 vs. $330).
Board Members: agreed, after discussion, to move forward immediately to terminate Valde’s lease, subject to
staff checking with the City Attorney on any state laws that may pertain to time given to remove items from the
leasable space.
MOTION BY STRATTON and SECOND BY HEDBERG to immediately terminate the Valde Group lease due to
no acceptable lease repayment structure, subject to adequate time given to remove personal items from the
leased space per City staff’s decision. The motion was approved 3-0.
b. ‘Socialize’ Discussion of Virtual Program
Hughes: said that this topic will take more time, and therefore, it should go to the next Workshop. He reaffirmed
that the Board cannot wait longer to find someone on a trial basis; rather, it must be socialized with the collateral.
Hedberg: confirmed that the virtual program is part of an alternative in the overall program of Technology Village.
c. Norex Meeting Update
Rogness: said he would continue to try contacting Chad Dill of Norex in order to tour their old building if the
Board thought it was worthwhile to pursue that option for business incubator space. Rogness will continue.
Hedberg: questioned whether the Rich Gross ReMax building could be considered as well.
4. New Business
a. Technology Village Participant Breakfast Follow Up
Stratton: summarized the breakfast, including it had a very good speaker and topic, but the turnout was not as
good as they have experienced in the past.
Rogness: noted that participants felt this was one of the best speakers and topics for the breakfast meetings so
far in the program.
b. Educational Lunch & Learn Event
Hughes: emphasized that the purpose of this event should be to gather various local businesses and educate
them on Technology Village in order to create stronger support for the program. He reviewed two spreadsheets
that are being used to compile a list of those businesses. Hughes noted that the list should be finalized, followed
by the identification of possible dates at least 4-5 weeks ahead.
c. Lease Amendment Request – iWMS Global
Rogness: reviewed the request from iWMS Global to amend their lease in order to remove the cubicle lease
portion effective May 1, 2016.
Hughes: asked staff to check with this business as to whether the removal of the cubicle lease is permanent or
subject to future back-and-forth leasing as needed. Rogness will check on their intent.
d. BNI Participants – Potential Technology Village Network Review
Hughes: questioned whether the current BNI participants that meet at City Hall every Thursday morning would
become a list of potential participants in Technology Village as tenants or as virtual.
Rogness: said that he attended their meetings a few times in the past, and he felt they are aware of Technology
Village. He also provided information on a similar program that was recently started by the local Chamber. It
may be beneficial to provide information on Technology Village to that new group.
5. Staff Update
a. Technology Village Metric Report – March 2016
Board Members: reviewed the March Technology Village metric report.
Hughes: reported that ICP added one more employee.
b. Technology Village Phase III Analysis Update
Rogness: reported that the draft of the report from Jim Greenwood is expected by April 15.
c. Action Item Update
Board Members: reviewed the pending Technology Village action items. Success stories for LinkedIn were
identified as something important to complete.
d. Board Member Ideas / Recommendations
i. Budget Review
Rogness: reviewed the status of the Technology Village budget in terms of revenues and expenditures
through March of 2016; of its $27,650 budget, $1,457.38 has been expended.
ii. Other
Hughes: looked at possible dates for the Board’s April workshop, including Tuesday, April 19; another
option could be Thursday, April 21. All board members will be polled before setting the date.
6. Adjourn
MOTION BY STRATTON and SECOND BY HUGHES to adjourn the meeting. The motion was approved unanimously.
The meeting adjourned at 8:39 a.m.
Submitted by: Dan Rogness