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HomeMy WebLinkAbout2017-03-14 PACKET 03.01. CITY OF COTTAGE GROVE E CONOMIC D EVELOPMENT A UTHORITY MINUTES December 12, 2016 Pursuant to due call and notice thereof, a regular meeting of the Economic Development Authority was th held at Cottage Grove City Hall, 12800 Ravine Parkway, Cottage Grove, Minnesota 55016 on the 12 day of December, 2016. CALL TO ORDER The meeting was called to order at 7:30 a.m. by EDA President Bailey. ROLL CALL Members Present: Myron Bailey, EDA President Trent Cole, EDA Member Steve Dennis, EDA Vice President Tony Jurgens, EDA Treasurer Eric Thiewes, EDA Member Ramona Westerberg, EDA Member Members Absent: James Celkis, EDA Member Staff Present: Charlene Stevens, EDA Executive Director Jennifer Levitt, Community Development Director/City Engineer Christine Costello, Economic Development Director Robin Roland, Finance Director Matt Wolf, Economic Development Assistant Others Present: John Mehrkens, Presbyterian Homes Vice President APPROVAL OF MINUTES th 3.1EDA Member Jurgens motioned to approve the October 11, 2016 EDA Meeting Minutes. EDA Member Cole seconded. Motion passed unanimously (6-to-0 vote). BUSINESS ITEMS 4.1 Business Inquiry/Community Development Update Economic Development Director Costello gave an update on the projects that are in development around the City of Cottage Grove. Economic Development Authority – Minutes th December 12, 2016 Page 2 of 2 4.2 Norris Square Development Project Economic Development Director Costello gave an overview of the project. EDA Member Jurgens and EDA President Bailey thanked Presbyterian Homes for their investment in the community of Cottage Grove. EDA Member Cole asked Presbyterian Homes Vice President Mehrkens how many new jobs their expansion would add. Vice President Mehrkens said that the care center would add 30 to 40 full time equivalent positions but many of those would be part time so would be up to 70 staff members. EDA Vice President Dennis made a motion to recommend approval of the fourth amended and restated contract for private development and awarding and the sale of, and issuance of the $2,400,000 Note. EDA Member Jurgens seconded. Motion passed unanimously (6-to-0 vote). PUBLIC HEARING None OTHER BUSINESS 6.1 Calendar st EDA President Bailey mentioned that on December 21 there was appreciation gathering for Councilmember Olson and Councilmember Peterson at River Oaks. EDA President Bailey also brought rd to the attention of the EDA that on January 3 at 8 PM the City of Cottage Grove would be doing a Facebook Live Community Engagement Event. 6.2 EDA Comments EDA Member Jurgens was presented a Certificate of Appreciation from the EDA for his 9 years of service on the Economic Development Authority. 6.3 Response to Previous EDA Comments None AJOURN EDA Member Jurgens made a motion to adjourn. EDA Member Cole seconded. The meeting adjourned at 7:54 a.m. (6-to-0 vote). Respectfully Submitted, Matt Wolf Economic Development Assistant