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HomeMy WebLinkAbout2017-05-09 PACKET 03.01. CITY OF COTTAGE GROVE E CONOMIC D EVELOPMENT A UTHORITY MINUTES March 14, 2017 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 14 day of March, 2017. CALL TO ORDER The meeting was called to order at 7:35 a.m. by EDA President Bailey. ROLL CALL Members Present: Myron Bailey, EDA President James Celkis, EDA Member Steve Dennis, EDA Vice President Eric Thiewes, EDA Member Members Absent: Trent Cole, EDA Member Ramona Westerberg, 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 APPROVAL OF MINUTES 3.1EDA Vice President Dennis motioned to approve the March 14, 2017 EDA Meeting Minutes. EDA Member Thiewes seconded. Motion passed unanimously (4-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. EDA Member Thiewes asked if there was any updates that could be given on the Home Depot site. Economic Director Costello responded that the owner was still working on finalizing his tenants and their unfortunately was nothing to announce until a building permit was submitted. Economic Development Authority – Minutes th March 14, 2017 Page 2 of 2 4.2 Business Retention and Expansion (BR&E) Update Economic Development Director Costello gave an overview of the Business Retention and Expansion Program to date. PUBLIC HEARING None OTHER BUSINESS 6.1 Calendar th EDA President Bailey reminded everyone that tomorrow, Wednesday March 15, he would be doing his first ever State of the City to the public. 6.2 EDA Comments EDA President Bailey mentioned that soon to be EDA Member and Cottage Grove Business Owner Chris Carey was in attendance. 6.3 Response to Previous EDA Comments None WORKSHOP 7.1 Business Subsidy Policy EDA moved to the St. Croix Conference Room in Cottage Grove City Hall to have a conversation on the Business Subsidy Policy that was led by Ehlers Finance Municipal Advisors. The workshop was an introduction discussion to lay the framework for developing a policy to create, attract, retain and expand new business in Cottage Grove. The discussion will continue at the next EDA meeting. AJOURN EDA Member Thiewes made a motion to adjourn. EDA Member Celkis seconded. The meeting adjourned at 8:25 a.m. (4-to-0 vote). Respectfully Submitted, Matt Wolf Economic Development Assistant