HomeMy WebLinkAbout01-11-2010 EDA Packet
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AGENDA
ECONOMIC DEVELOPMENT AUTHORITY
ANNUAL MEETING
MONDAY, JANUARY 11, 2010
City Council Chambers
Following the regular City Council Meeting
1. Call to Order and Roll Call
2. Consideration of Minutes of November 23, 2009
3. Consideration of Annual Appointments
4. Adjourn
EDA MINUTES January 12, 2009
APPROVED
1
DATE : January 12, 2009
TIME STARTED : 7:05 p.m.
TIME ENDED : 7:15 p.m.
MEMBERS PRESENT : Commissioners Gallup, O’Donnell, Reinert,
Bergeson, Stoltz
MEMBERS ABSENT :
OTHERS PRESENT: : Gordon Heitke; Mary Divine, Mike Grochala
The meeting was called to order at 6:55 p.m. by President O’Donnell.
CONSIDERATION OF THE MINUTES OF JUNE 28, 2008
EDA Member Bergeson moved to approve the January 28, 2008 minutes. EDA Member Stoltz
seconded the motion. Motion carried unanimously.
CONSIDERATION OF ANNUAL APPOINTMENTS
Mary Divine, Economic Development Coordinator, gave a short recap of activity taking place,
including the last tax abatement payment on the Target/Kohl’s project, and TIF District No. 1-9
will be decertified at the end of 2009. She informed the members that each year the EDA is
required to make a number of appointments; the list was before the authority for consideration.
EDA Member Bergeson moved to appoint EDA Member Gallup as President of the EDA for
2009, EDA Member Reinert as Vice President; and EDA Member Dan Stoltz as Treasurer. EDA
Member Gallup seconded the motion. Motion passed unanimously.
EDA Member Stoltz moved to approve the remaining appointments as recommended by staff .
EDA Member Reinert seconded the motion. Motion carried unanimously.
ADJOURNMENT
There being no further business, EDA Member Reinert moved to adjourn. EDA Member
Bergeson seconded the motion. Motion carried unanimously.
Meeting adjourned at 7:02 p.m.
AGENDA ITEM 3
STAFF MEMBER Mary Alice Divine
DATE January 11, 2010
SUBJECT Annual Appointments
VOTE REQUIRED Simple Majority
BACKGROUND
Each year the Economic Development Authority is required to make a number of
appointments at its annual meeting. The following is a list of appointments for your
consideration:
2009 2010 Recommended
1. President
Kathi Gallup (Council Prerogative)
2. Vice President
Jeff Reinert (Council Prerogative)
3. Treasurer
Dan Stoltz (Council Prerogative)
4. Secretary
Economic Development
Coordinator
Economic Development
Coordinator
5. Assistant Treasurer Finance Director
Finance Director
6. Executive Director
City Administrator City Administrator
7. Official Newspaper
Quad Community Press Quad Community Press
8. Legal Depositories
Community National Bank
Wells Fargo
US Bank
Merrill Lynch
RBC Dain Rauscher
Wachovia Prudential
Securities
Patriot Bank
LMC 4M Fund
Smith,Barney, Citi Group
Bank of the West
Others as needed
Community National Bank
Wells Fargo
US Bank
Merrill Lynch
RBC Dain Rauscher
Wachovia Prudential
Securities
Patriot Bank
LMC 4M Fund
Smith, Barney, Citi Group
Bank of the West
Others as needed
2009 2010 Recommended
9. Legal Services
Kennedy & Graven
Barna, Guzy & Steffan, Ltd.
Ratwick, Roszak & Maloney
Kennedy & Graven
Barna, Guzy & Steffan, Ltd.
Ratwik, Roszak & Maloney
RECOMMENDATION:
Staff is recommending Council prerogative or as recommended.