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HomeMy WebLinkAbout2009-05-12 EDA MinutesCITY OF COTTAGE GROVE ECONOMIC DEVELOPMENT AUTHORITY MINUTES May 12, 2009 Pursuant to due call and notice thereof, a regular meeting of the Economic Development Authority was held at Cottage Grove City Hall, 7516 80 St. S., Cottage Grove, Minnesota 55016 on the 12th day of May 2009. CALL TO ORDER The meeting was called to order at 7:31 a.m. by EDA Vice President Olsen. Rni i c.oi i Members Present: Tony Jurgens, EDA Member Justin Olsen, EDA Vice President Paul Poncin, EDA Secretary /Treasurer Chris Reese, EDA Member Richard Remackel, EDA Member Members Absent: Myron Bailey, EDA President Sara Westall, EDA Member Staff Present: Howard Blin, Community Development Director Joe Fischbach, Management Analyst Ryan Schroeder, EDA Executive Director Ken Smith, Management Analyst Jesse Swenson, Management Analyst Others Present: None APPROVAL OF MINUTES A motion was made by EDA Secretary /Treasurer Poncin to approve the March 10, 2009 Economic Development Authority minutes. Seconded by EDA Member Jurgens, All Present in Favor. DEVELOPMENT UPDATE Economic Development Authority - Minutes May 12, 2009 Page 2 EDA Executive Director Schroeder gave the EDA a development update. 21 new home building permits have been issued thus far in 2009. It is anticipated that the 2009 yearend number will be between 60 and 80 new homes. The discussion then turned to industrial and commercial development. EDA members wanted an update on what leads were out there and were given a status update. The EDA reiterated that they are available to meet with potential developers and end users if needed. WHITE PINES DEVELOPMENT- PHASE II White Pines has expressed an interest in beginning the process of constructing a second facility at the South Point Ridge development site. The second facility would be 44 residential units, with 10 units being memory care. They would like to begin construction by yearend. RESIDENTIAL REAL ESTATE FORUM Staff is in the process of putting together a residential real estate forum that would be hosted at River Oaks Golf Course on October 8 Real estate agents in the east metro would be invited to attend. Staff is working on getting the curriculum approved for continuing education credits. The goal of the event is to educate agents on the benefits of Cottage Grove and why they should get their clients to purchase a home here. BRU UPDATE EDA Executive Director Schroeder gave a BR &E update. 2009 EDA GOLF TOURNAMENT UPDATE Management Analyst Swenson provided an update for the EDA. CALENDAR The EDA members were reminded of upcoming meetings and events. MISCELLANEOUS BUSINESS ITEMS Management Analyst Smith gave the EDA an update about a municipal golf course in Renville that just sold to a private party. Community Development Director Blin gave a review of the first Community Center Task Force meeting. EDA Executive Director Schroeder gave a status update regarding the Hwy 61 /CR 19 project. Community Development Director Blin informed the EDA that the Washington County HRA money for the Foreclosure Program has been released by the federal government to Minnesota Housing. That is where it currently sits. Washington County HRA has been working on getting it released so they can begin work on identified houses. ADJOURN Economic Development Authority - Minutes May 12, 2009 Page 3 EDA Secretary /Treasurer Poncin moved to adjourn the meeting. Seconded by EDA Member Reese, All Present in Favor. The meeting adjourned at 8:45 AM. Respectfully Submitted, Joe Fischbach Management Analyst