HomeMy WebLinkAbout1998.06.09 EDA MINUTES-APPROVED • CITY OF COTTAGE GROVE
ECONOMIC
DEVELOPMENT
AUTHORITY
MINUTES
June 9, 1998
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 9th
day of June 1998.
CALL TO ORDER
• The meeting was called to order at 7:30 by Wolcott.
ROLL CALL
Members Present: Donna Boehm, Bill Buth, Glen Kleven, Fred Luden, Gerry
Weingartner, Jim Wolcott
Members Absent: Jack Denzer
Others Present: Kirstin Barsness, Economic Development Director
Ryan Schroeder, City Administrator
Rod Hale, City Council Member
Sandy Shiely, City Council Member
Neil Belscamper, Economic Development Secretary
APPROVAL OF MINUTES
Wolcott motioned to approve the May 12, 1998 Economic Development Authority
Minutes, and the June 3, 1998 Economic Development Authority Special Meeting
Minutes. Buth seconded. Motion carried unanimously.
4. A. Public Hearing Authorizing Sale of Property
The Public Hearing authorizing the sale of property for the Renewal by Andersen site
was opened for public comment. No one spoke. Buth moved to approve a resolution
• authorizing the sale of property. Luden seconded. Motion carried unanimously.
Economic Development Authority - Minutes
June 9, 1998
Page 2
4. B. Review 1998 Budget
Barsness outlined the 1999 budget. Kleven questioned whether any surplus from the
budget would carry over to the following year. Barsness affirmed. Buth questioned
whether the projections for 1999 amounts were realistic, in view of the state of the
present budget. Barsness explained that the EDA expenditure is project driven and can
vary greatly from year to year, depending on the number and scope of new projects.
Luden requested more information on the Economic Development Department meeting
past budgets. After more discussion on the topic, Kleven motioned that other options be
explored for implementing the budget since it ties so closely to project load, and is
largely unpredictable. Luden seconded. Motion carried unanimously.
4. C. Project Updates
Barsness stated that a contractor had been in contact with the Economic Development
Department in regard to optioning a site in the industrial park for a major corporation.
The project would call for a 200-250,000 sq. ft. building on a 25-acre site by a highly
visible company. Metro East has also contacted the Economic Development
Department with two other prospects, each looking for 25-acre sites. In conclusion,
• Barsness gave details of the Renewal by Andersen groundbreaking ceremony, and
noted that invitation lists were being compiled at this time.
4. D. Review Site Plan for Renewal by Andersen—Jointly with City Council
City Council members Rod Hale and Sandy Shiely joined the meeting. Community
Development Director Kim Lindquist explained the Renewal by Andersen site plan.
5. Miscellaneous Business
Luden summarized the 50th anniversary celebration for 3M, listing several 3M VIP's and
representatives from the state who would attend. Wolcott noted that several EDA, City
Council members, and other representatives of the City would be present.
ADJOURN
Wolcott motioned to adjourn. Luden seconded. Motion carried unanimously.
Respectfully submitted,
46/
eil Belscamp=
Economic Developm- t Secretary
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