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HomeMy WebLinkAbout2001.06.12 MINUTES ti • • CITY OF COTTAGE GROVE ECONOMIC DEVELOPMENT AUTHORITY MINUTES June 12, 2001 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 12th day of June, 2001. CALL TO ORDER President Jim Wolcott called the meeting to order at 7:30 AM. ROLL CALL • Members Present: Glen Kleven, Dick Pederson, Gerard Weingartner, Jim Wolcott, and Fred Luden. Members Absent: Sandy Shiely (excused). Others Present: Ryan Schroeder, City Administrator Michelle Wolfe, Assistant City Administrator Scott Johnson, Management Analyst. APPROVAL OF MINUTES Jim Wolcott moved to approve the May 8, 2001 Economic Development Authority minutes. Dick Pederson seconded the motion and the motion carried unanimously. Project Updates Corporate Real Estate—This project has been put on hold. Tradehome Shoes — They still need to apply for building permits. Groundbreaking occurred May 21St Hotel/Restaurant — The closing on this property will occur the week of June 25th. They are still trying to figure out if they want to pond storm water on or off site. Advance — The groundbreaking was held on May 10th. The building walls are currently under construction. • Tushie-Montgomery—They are currently working on the financing for their project. 5th Street Ventures — Currently looking for tenants to lease space. A Economic Development Authority- Minutes June 12 Page 2 Navy Island —They are currently working on finances. Benson Orth— Currently looking for an anchor tenant. Cypress Semiconductor— Starting site search and new contact person Whitney Affiliates— RFP in July Up North Plastics— Looking into a possible expansion Redevelopment District A Resolution was proposed to request a public hearing to discuss TIF 1-12. A discussion about the proposed streetscape architectural sketches and design followed the question. The EDA members want to redesign the area and create an image for Cottage Grove. They want an identifier for the City that is creative. They also decided not to take a position on a proposed redevelopment of the Langdon area at this time. After the discussion, a motion to request a hearing on TIF 1-12 was brought by Mr. Wolcott and seconded by Mr. Pederson. The motion carried. EDA Bylaws The EDA decided to approve an attendance policy. The EDA wants the policy to run through a calendar year. Members should have the courtesy to call someone if they cannot make a meeting. Mr. Weingartner made a motion to adopt and Mr. Wolcott • seconded it. The motion carried. Marketing Three new ads were introduced for the EDA marketing plan. EDA Vacancy The EDA is currently looking through applications. Interviews will be set at a later date. Misc. Marketing biographies were requested from the EDA members by staff. Also, the Cottage Grove photo contest was unveiled at the meeting. The pictures from the contest will be used to market Cottage Grove. ADJOURN EDA President Jim Wolcott adjourned the meeting at 9:05 AM. Respectfully submitted, ;eat/ Scott Johnson Management Analyst