HomeMy WebLinkAbout3. Approval of Minutes: March 19, 2013 3.
SHAKO EE
TO: Economic Development Authority
FROM: Julie Linnihan, Finance Director /City Clerk
DATE: 04/16/2013
SUBJECT: EDA Minutes from March 19, 2013.
Action Sought
Move to approve the minutes from March 19, 2013.
Attachments: 03 -19 -13 EDA Minutes
OFFICIAL PROCEEDINGS OF THE
ECONOMIC DEVELOPMENT
AUTHORITY SHAKOPEE,
MINNESOTA
Regular Session
March 19, 2013
Members Present: President Jay Whiting, Commissioners Steve Clay, Pamela Punt,
Matt Lehman and Brad Tabke.
Staff Members Present: Mark McNeill, City Administrator; Kris Wilson, Assistant City
Administrator; R. Michael Leek, Community Development Director;
Bruce Loney, Public Works /Engineer; Julie A. Linnihan, Finance
Director /City Clerk; and Sarah Sonsalla, City Attorney
1. Roll Call
President Whiting called the meeting to order and roll was noted as above.
2. Approval of the Agenda
Schurman/Clay moved to approve the agenda. Motion carried 5 -0.
3. Approval of the EDA Minutes
Lehman/Clay moved to approve the minutes of February 19, 2013, February 20, 2013 and
March 5, 2013. Motion carried 5 -0
4. Joint City Council/EDA Public Hearing on Emerson Development Agreement
Lehman/Clay moved to open the public hearing. Motion carried 5 -0.
Mr. McNeill said the City Council and EDA called for a joint public hearing to consider a
business subsidy plan and development agreement for Emerson Process Management.
The public hearing is set for 7:00 p.m. on Tuesday, March 19 However, Emerson and
City staff are continuing negotiations on the business subsidy plan and development
agreement. Unfortunately, the proposed documents were not ready for consideration by
either of the policy making bodies at this time.
Mr. McNeill asked the Council to open the Public Hearing and then continue it to the
April 2, 2013 meeting.
President Whiting asked if there was anyone on the audience who wished to speak at the
public hearing. No on responded.
Lehman/Schurman moved to continue the public hearing to Tuesday, April 2, 2013 at 7:00
p.m. Motion carried 5 -0.
5. Technical Assistance Planning Grant
Mr. McNeill said the Scott County CDA has up to $150,000 in grant funds available this
year through the Technical Assistance Planning (TAP) Program. The intent is to enhance
Official Proceedings of the March 19, 2013
Economic Development Authority Page 2
economic development activities, with the goal of achieving long -range job creation
within the County.
Thirty percent of the grant funds will be allocated to SCALE. The remaining money is to
be divided equally among the seven incorporated cities in Scott County, with a maximum
of $15,000 each.
Community Development Director Michael Leek drafted two alternatives, which were
reviewed by the EDAC at their meeting of March 7th. The alternatives are:
1. Conduct a traffic and marketing study for the First Avenue corridor (from the 101
bridge to the east, including the area in which sanitary sewer is proposed to be
extended to further optimize industrial development). The purpose of this is to
prepare for impacts as a result of the pending replacement of the Minnesota River
Bridge, which is expected to carry more traffic, and be a dependable transportation
route year - round. The $15,000 grant request would need to be matched by $10,500
in local cash (from the EDA's fund balance), and $4,500 of in -kind services (staff
time). Total cash value of the project is $30,000.
2. The second alternative would be to research and evaluate approaches to providing
start-up businesses with loans for planning and other initial operating expenses.
Following the evaluation, the EDA would establish a start-up loan fund and loan
process. $5,000 of the grant money would be used for research and development of
the loan program. The remaining $10,000 would go toward the loan fund itself.
The City match on that would be $1,000 for marketing the program and an
additional $10,000 to go into the loan fund. Therefore, a total of $11,000 would
need to come from the EDA budget. There would be an additional $4,000 in staff
time for this.
Mr. McNeill said the EDA reviewed both proposals and recommends that the City pursue
the CR 101 market plan.
Clay /Tabke moved to direct staff to submit the CR 101 marketing plan as the City's TAP
grant application to the Scott County CDA. Motion carried 5 -0.
6. Adjourn
Lehman/Schurman moved to adjourn to Tuesday, April 2, 2013 at 7:00 p.m. Motion
carried 5 -0.
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6;0 a .
klulie A. Linnihan
Finance Director /City Clerk
Kim Weckman
Recording Secretary