HomeMy WebLinkAbout2000.07.11 MINUTES CITY OF COTTAGE GROVE
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ECONOMIC
DEVELOPMENT
AUTHORITY
MINUTES
Tuesday, July 11, 2000
Pursuant to due call and notice thereof, a regular meeting of the Economic
Development Authority was held at City Hall, 7516 80th Street South, Cottage Grove,
Minnesota on the 11th day of July, 2000. ••
1. CALL TO ORDER
The meeting was called to order at 7:30 a.m. by Jim Wolcott.
le 2. ROLL CALL
Members Present: Dick Pederson, Fred Luden, Glen Kleven, Jim Wolcott, Shannon
Green, Gerard Weingartner.
Members Absent: John Denzer.
Others Present: Michelle Wolfe, Steve Barrett
3. APPROVAL OF MINUTES
Kleven moved to approve the minutes of June 13, 2000. Luden seconded. Motion
carried unanimously.
4. BUSINESS ITEMS
A. Project Updates
Wolfe went through the updated list of active leads. Wolcott asked if the City
promotes the land next to the pipeline company when we respond to requests.
Wolfe stated that this property is mentioned for projects that would work there.
• B. Calendar
Wolfe referenced the memo relating to upcoming events.
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• Economic Development Authority- Minutes
June 13 2000
Page 2
C. 2001 Budget Proposals
Wolfe commented that the proposed budgets would be submitted to the budget
team next week. It would then go on to the City Council for approval.
D. By-Laws
Kleven stated that he would like to see a draft that has strikeouts and underlines,
to show what language is changing. Members discussed whether the bylaws
reflect the level of autonomy that the EDA has had over the years. Wolfe
suggested regrouping and discussing the item next month.
Members discussed increasing the levy amount incrementally over a series of
years, in compliance with state law. Members discussed the necessity of having
two budget funds. Pederson suggested re-clarifying what each fund should be
used for. Luden suggested looking into combining the budget funds.
E. TIF 1 — 10 Update
• Wolfe mentioned that the County had the City take care of a couple new items at
the last minute. These items were addressed by City staff and the City Attorney.
F. TIF 1 — 11 Schedule
Wolfe referenced the development schedule. The schedule may have to be
modified, depending on when the letter of intent is executed. Wolfe also
• mentioned the need for public hearings on TIF and business subsidies.
G. Phase I Study
Wolfe commented that projects on the horizon necessitate an updated study.
Barrett mentioned that the report should be received during the week of July 17.
H. 2000 Annual Report
Barrett commented that when the final pictures are taken, the printer can
produce the reports in 8 — 10 days. Kleven suggested ideas for pictures.
I. July Direct Mail Promotion
• Members liked the picture postcard. Barrett stated that the card will be mailed by
the end of the week.
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Economic Development Authority- Minutes
1 June 13 2000
Page 3
J. Golf Tournament Update
Barrett reported that there were 44 registrations so far, with six hole
sponsorships.
K. Grey Cloud Island Update
Wolfe referenced the letters and supporting documents in the packets.
5. MISCELLANEOUS BUSINESS ITEMS
There were no miscellaneous business items discussed.
6. ADJOURN
Weingartner moved to adjourn. Pederson seconded. Motion carried unanimously.
fil°
Resp- % Ily submitted,
Steven Barrett
Management Analyst
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