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HomeMy WebLinkAbout01-12-2015 EDA Packet AGENDA ECONOMIC DEVELOPMENT AUTHORITY ANNUAL MEETING MONDAY, JANUARY 12, 2015 City Council Chambers 1. Call to Order and Roll Call 2. Consideration of Minutes of January 13, 2014 3. Consideration of Annual Appointments 4. Annual Report 5. Adjourn EDA MINUTES January 13, 2014 DRAFT 1 DATE : January 13, 2014 TIME STARTED : 7:00 p.m. TIME ENDED : 7:05 p.m. MEMBERS PRESENT : Commissioners Kusterman, Roeser, Reinert, Rafferty, Stoesz MEMBERS ABSENT : None OTHERS PRESENT: : Administrator Jeff Karlson; City Clerk Julie Bartell The meeting was called to order at 7:00 p.m. by President Roeser. CONSIDERATION OF THE MINUTES OF AUGUST 26, 2013 EDA Member Rafferty moved to approve the August 26, 2013 minutes. EDA Member Stoesz seconded the motion. Motion carried. CONSIDERATION OF ANNUAL APPOINTMENTS Jeff Karlson, City Administrator, informed the members that each year the EDA is required to hold an annual meeting and make a number of appointments; the list was before the authority for consideration. EDA member Rafferty moved the appoint EDA Member Roeser as president, EDA Member Stoesz as vice president and EDA Member Kusterman as treasurer. EDA member Stoesz seconded the motion. Motion carried unanimously. EDA member Rafferty moved to approve other appointments as outlined in the staff report. EDA Member Stoesz seconded the motion. Motion carried unanimously. ADJOURNMENT EDA President Roeser noted that with economic development activities picking up in the city, he anticipates there may be more EDA meetings in 2014. There being no further business, EDA Member Reinert moved to adjourn. EDA Member Rafferty seconded the motion. Motion carried unanimously. Meeting adjourned at 7:05 p.m. LINO LAKES ECONOMIC DEVELOPMENT AUTHORITY AGENDA ITEM 3 STAFF ORIGINATOR: Michael Grochala MEETING DATE: January 12, 2015 TOPIC: Annual Appointments VOTE REQUIRED: Simple Majority BACKGROUND Each year the Economic Development Authority is required by its by-laws to hold an annual meeting and to make a number of appointments. The following is a list of appointments for your consideration: 2014 2015 Recommended 1. President Dave Roeser TBD 2. Vice President Dale Stoez TBD 3. Treasurer William Kusterman TBD 4. Secretary Community Development Director Community Development Director 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 LMC 4M Fund Wells Fargo Securities Wells Fargo Advisors US Bank Merrill Lynch RBC Capital Markets Morgan Stanley Sterne, Agee & Leach F&M Bank First Resource Bank Others as needed LMC 4M Fund Wells Fargo Securities Wells Fargo Advisors US Bank Merrill Lynch RBC Capital Markets Morgan Stanley Sterne, Agee & Leach F&M Bank First Resource Bank Others as needed 2014 2015 Recommended 9. Legal Services Kennedy & Graven Barna, Guzy & Steffan, Ltd. Ratwick, Roszak & Maloney Deck, Duea & Olson Kennedy & Graven Ratwik, Roszak & Maloney Staff suggests that if changes are to be made to the appointments of President, Vice President and Treasurer, they be made in separate motions. The remaining appointments can be made in one motion. RECOMMENDATION Staff is recommending Council prerogative or as recommended.