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HomeMy WebLinkAbout1999.05.11 EDA MINUTES-APPROVED CITY OF COTTAGE GROVE ECONOMIC DEVELOPMENT AUTHORITY MINUTES May 11, 1999 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 May 1999. CALL TO ORDER The meeting was called to order at 7:30 a.m. by Mayor Denzer. • ROLL CALL Members Present: Jack Denzer, Glen Kleven, Fred Luden, Dick Pederson, Gerard Weingartner, Jim Wolcott Members Absent: Donna Boehm Others Present: Ryan Schroeder, City Administrator Michelle Wolfe, Assistant City Administrator Neil Belscamper, Secretary APPROVAL OF MINUTES Kleven moved to approve the April 13, 1999 Economic Development Authority Minutes. Weingartner seconded. Motion carried unanimously. PROJECT UPDATES Wolfe submitted an update on various development projects. One proposal had been submitted from Metro East, and there was no further information available on a proposed telemarketing operation. A hotel project within the City was pending the sale of an available site. No new information was available on a proposed warehouse project. A consultant had been in contact with the City in regard to a proposed factory outlet center. CP Rail had been entertaining the idea of expanding their marshalling yard, dependent upon a proposal submitted to GM; if the proposal with GM were to fall • through, the land would possibly be available for sale. Luden suggested that CP Rail might be able to provide some additional support to the industrial park if their expansion goes through. • Economic Development Authority - Minutes May 11, 1999 Page 2 1998 EDA ANNUAL REPORT Wolfe commented that the printing price per copy of the annual report had been cut considerably. Some changes would be made to the front page, including the addition of photographs. FISCAL IMPACT ANALYSIS UPDATE Schroeder stated that the DNR, Metropolitan Council and Washington County had received draft copies of the Grey Cloud Fiscal Impact Analysis. A tentative meeting date had been scheduled for May 25 to receive comments and questions. The Cottage Grove Area Chamber of Commerce had asked if Schroeder would speak at an upcoming luncheon regarding the Grey Cloud study. LAKEVILLE FISCAL ANALYSIS EXCERPTS Wolfe summarized some of the excerpts. She said that by looking at the table of contents, one could see what had been addressed by the study. She commented that It • had been a very successful process for the City of Lakeville. Wolcott asked what findings had most benefited the community. Wolfe replied that increased senior housing was one of the most beneficial additions. Wolcott commented that the document was quite interesting. 3M SURVEY Luden said a draft of the follow-up questions would be available later this week. Schroeder remarked that two of the follow-up questions pertained to restaurants in the City, along with the desirability of the local job market. GENESIS BUSINESS CENTER Wolfe said she had some possible dates and times for visiting the center, and asked for input. Those interested in going felt that the May 20 date would work best. A 10:00 a.m. time slot was decided upon. MEDP 1998 ANNUAL REPORT David Piggot would be attending next meeting for questions and comments regarding the MEDP Annual Report. RENEWAL GRAND OPENING. Renewal by Andersen's grand opening was scheduled for June 2, 1999. Jim Wolcott • would by one of the speakers at the event. Schroeder noted that there would be tours of • • Economic Development Authority - Minutes May 11, 1999 Page 3 the facility. Baseball hats with the Renewal logo and City of Cottage would be presented to employees and guests. MISCELLANEOUS BUSINESS ITEMS Wolfe said the first edition of a new cable TV show, yet to be named, had been taped; the program would feature recent events in the City. An informational segment on Tax Increment Financing was suggested as a possible topic for a future show. ADJOURN Wolcott moved to adjourn. Weingartner seconded. Motion carried unanimously. Respectfully submitted, eil Belscampe conomic Development --cretary • k