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Home My WebLink About06-13-1994 EDAfi .. , / IVI��J�I��'�I�l�il ��M�lt�M�IC�; '1.��.11�1„�F'f�li�..'b�A,;�.. �lri��i�� ` J Ulrl � �1 ��, �i 9;�4 `�liifl�: I�I'�I��IA��LY Fe�LLt`�Vlll�� ;;�� f��;�Ali`��,� ' ' �11 ��i'I i�J� ��`�e �- �, _ ;� CALL TO ORDER 2. ROLL CALL - Linke Quick Wuori Blanchard Trude 3. APPROVAL OF AGENDA EDA ACTION: A T D Comments: 4. APPROVAL OF MINUTES: May 23, 1994 EDA ACTION: A T D Comments: �._„ � . . . . . :_ _ .._' r � _ .z.��-_ � _.__� - �_-__�� ' "_--_ __. _ ___ � ."_" _ _ .,_ ._ � __.. . .. ._ .. .,�"' "' " .,. -2- 5. CONSENT AGENDA No items on consent agenda. 6. PUBLIC HEARING No public hearings scheduled for this meeting. EDA ACTION: A T D Comments: 7. EDA BUSINESS: A. Consideration of EDA Resolution No. 94-EDA8 Approving Joint and Cooperative Agreement Between North Metro Business Retention and Development Commission and City of Mounds View; Authorizing the EDA's President and Executive Director to Sign, EDA Report No. 94-14 EDA ACTION: A T D Comments: B. Consideration of EDA Resolution No. 94-EDA9 Approving the Application of the State of Minnesota Economic Recovery Grant to Provide a Loan for the Expansion of Wolff and Associates EDA ACTION: A T D Comments: I. �I : -3- REPORTS: Report of EDA Board Members: 1 2 3 � � � Report of President Linke: Report of Vice President Blanchard: Report of Secretary Wuori: Report of Commissioners: a. Commissioner Quick: b. Commissioner Trude: Report of Executive Director: Report of Treasurer: � 7. Report of Attorney: 9. ADJOURNMENT: i��_ . .�___. _, .__.. ___ _ __ __. . . . ___ _ _ . _ . __ , / / ,' � I�IO�TNd)S �IEW IECONOMIC DEVELOPMEivT AUTHORI'I'Y REQUES'I' FOR EDA CONSIDERATION STAFF REP�RT EDA M��TING llATE June 13, 1994 EDA Actiou: ❑ Special Order �f Business flgenda Section: �•A ❑ Public Hearings Report Number: — — ❑ Consent Agencla Report Da�c:: _ _ [Y� CDA Busincss Item Descri tio�l: Consideration of EDA Resolution No. 94—EDA8 Approving Joint and Cooperativ Agreemen� Between North Metro Business Retention and Development Commission and City of ��iiri�c� �Ti �r.�• Ai�1-L..�..-..-.�.-.... YL.� TTA I _ T___ __ 1 _�_� _ t r� . . .�.. . . —. � Executive Director's Review/Recommendation: / - No commecits to suppleu�ent this report � - C��nin�cnts attac:l�ecl L''.xp11t1t�[ion/Sumtt�c�ry (au;ich supplcment shects :u necessary� SUMNIARY: The attached articles outline the joint and cooperative agreement for participation in the North Metro Business Retention and Development Commission (RDC) currently comprised of the cities of Brooklyn Park, Blaine, Brooklyn Center and New Hope. The Commission is an organization by which the parties may jointly and cooperatively provide for the data collection and analysis, development of strategic recommendations and implementation of marketing and promotional programs for the purpose of economic development job creation and retention of existing businesses. The EDA, in and for the City of Mounds View, is scheduled to be approved by the RDC board at the June meeting and passage of the attached resolution serves as the official application. The City of New Brighton is also expected to join the Commission which will allow for the distribution of funds that were appropriated at the last legislative session. The Community Partners Program, which is the retention survey of Mounds View businesses, is a project of the RDC. Cathy Ben t, Economic Development Coordinator RI:CO�Ltif END,aTION: Staff is recommending that the EDA adopt Resolution No. 94-EDA8 Approving Joint and Cooperative agreement between North Metro Business Retention and Development Commission and City of Mounds View; Authorizing the EDA's President and Executive Director to Sign. _ __. . -� _,. �; � EDA RESOLUTION NO. 94-EDA8 RESOLUTION APPROVING JOINT AND COOPERATIVE AGREEMENT BETWEEN NORTH METRO BUSINESS RETENTION AND DEVELOPMENT COMMISSION AND CITY OF MOUNDS VIEW; AUTHORIZING THE EDA'S PRESIDENT AND EXECUTIVE DIRECTOR TO SIGN WHEREAS, Mounds View has been invited by the North Metro Business Retention and Development Commission to participate in its Multi-Community Business Retention and Market Expansion project; and WHEREAS, this pilot project has been initiated to assist cities in identifying ways to help retain, expand and promote local business community; and WHEREAS, the Commission has hired the consulting firm of Community Resource Partnership, Inc. (CRP) to conduct business surveys and analysis; and WHEREAS, such an endeavor would be in the best interest of the City. NOW, THEREFORE, BE IT RESOLVED THAT the Economic Development Authority hereby approves the Joint and Cooperative Agreement with North Metro Business Retention and Development Commission and authorizes execution of same by the EDA's President and Executive Director. Adopted by the Economic Development Authority in and for the City of Mounds View this 13th day of June, 1994. ATTEST: (SEAL) Mayor Executive Director : �<<_ � � -- ,- , _ _ _. . � ...� �. .� .____ �._: _ :�. _ __ _____ __ . _ ___ __ __ ___ _ _ _ __ _ _ _ _ _. _ � ____ � I � ' ATTACHMENT A JOINT' AND COOPERATIVE AGREEMENT NORTH METRO BUSINESS RETENTTON AND DE��ELOPMENT COMI��SSION The parties to this a�eement are govemmental units of the State of Minnesota. This agreement is made and entered ulto pursuant to Minnesota Statutes, 1990, Sections 471.�9 a�1d 469.101, sd.5. ARTIC`LE I. GENERAL PURPOSE The general purpose of this a�eement is to create an organization by which the parties may jointly and cooperativel}� provide for the data collection and analysis, development of strate�ic: recommendations and implementation of marlceting and promotional programs for tlle purpose of economic d�velopment job creation and retention of existing businesses pursuant to iviiz��,ta Statutes, Chapter 469. AR'I7C`LE II. DEFIIVITIONS Section 1. For purposes of this a�-eement the terms defined in this Article have the :`,�:n�-_. _.<� ° �,iven them. 'r,� S�ction ?. "Act" means Minnesota Statutes, 1990, Chapter 469. ��C�10i1 3. ��A�reement" means this a�eement. �e�tion 4. "Boa�-d" means the Board of Directors created by Article III. Section �. "Director" means a director or alternate director appoulted under Arlicle III of �i� ��c°�ement. �ection 6. "Governing body" means the City Council or other goveming body of a IT��:iisn�Y'. �'��r3c�?� 7. "Govemmental unit" means a home rule city, a statutory cit�T, a housing and ��edevelopment authority, or an econonuc development authority. ��"z;;:��:;�� . "Member" means a governmental unit which is a party to this agreement and is i��? �°.�mpli�nce with and 'u1 good standing under this agreement. '��:�;�:r�n 9. T"ne "North Metro Business Retention and I�velopment Comrnission" (RDC) m��r�; �h� or.�.�.ization established by this agreement. s� _ . _ _ R�, .-� � _ :_. �� , : ARTICI.,E III. MEMBERSHIP Section 1. Any �overnmental i.uut is eligible to be a member of RDC. Section 2. The initial members of RDC are the cities of Brooklyn Center; Broolclyn Parlc, Blaine and the Economic Development Authorities (or housing and redevelopment authorit��) of each of such cities. Section 3. A governmental unit other than initial members desiring to be a member of RUC may do so by executing a�id delivering a copy of tivs agreement and complyin� with its tern�s. The board may approve or disapprove the admission of a governmental unit. Approval ::r+�.;� �". �.� '�; unanimous vote of the Board. The board may impose reasonable conditions on the admission of inembers and establish procedures for the removal of a member for cause. AR'TIC`LE IV. BOARD OF DIRECTORS Section 1. The goveming body of RDC is its Board of Directors. A member's director .y�-��.iA �c; the clvef administrative officer of the city or his/her desigiiee. A director has one vote. A m�mber may appoint one altemate director. The altemate director may attend meetings of the board and may vote in the absence oi that member's director. Section 2. Directors serve until their respective successors are appointed and qualified. ��rtion 3. A director may be removed frozn the board at any time, with or without cause, ��y r��olution of the goveming body malcing the appointment. The resolution removing the d�r��ctor must be filed with the Secretary-Treasurer. ��ction 4. A vacancy on the board is filled in the same maruler that the appoultment of a director is made. Section 5. Directors may not vote by pro�y. S�ction 6. A director may not vote if the board deterniines that the member represented �y �he director is not in compliance with this agreement or if the director has been removed from �h� ��r��.r�1. ARTICIf�E V. M�ETaN�'S Section 1. The directors of the initial membe�s must conduct an organizational meeting no `lu��I tir�ian 30 days after the effective date of this a�eement. At the organizational meeting, or �� Q�� thereafter as is reasonably possible, the board must elect its o�cers, and adopt such by-laws and other procedures goveming the conduct of its meetir.� and its business �s it de�ms appropriate. Section 2. The board mu.st conduct an annual meeting at a date and place specified 'u1 its by-laws to elect officers and to undertalce such other business as may properly come before it. The board may pro�c�ide for a schedule of regular meetings. A regular meeting must be held once in each calendar quarter in the year 1992 and thereafter as provided by the by-laws. Section 3. A special meeting of the board may be called by the President or by the Secretary-Treasurer upon v��ritten request of such number of directors as specified b�� the by-la�n�s. Notice of a special meeting inust be mailed to directors no fewer than five days prior to the sp�cial meeting. Business at special meetings is limited to matters contained in the notice of the special meeting. ARTICLE VI. OFFICERS: COMMI'TTEES Section l. The officers of the board are a President and Secretaty-Treasurer elected for � terrn of one year by the directozs at the organization meeting and at the a�inual meeting. The board may designate directors to act as ofFcers in the absence of any officer. Section 2. The President presides at meetings of the board. The Secretar��-Treasw-er is responsible for records of proceedings of the board; the funds and financial records of the board, �nd such other matters as ma}- be dele�ated to the Secretary-Treasurer by the board. Section 3. The President and the Secretary-Treasurer must sign vouchers or orders disbursing fiulds of the, RDC. Disbursement will be made in the method prescribed by law for statutory cities. Section 4. The board may in its by-laws provide for and define the duties of such other officers as it deterniines necessary from time to time. Section 5. The board may in its by-laws provide for such corntnitiees as it detennines necessary from time to time. A by-law providing for an eaecutive comrnittee and defining the ,�ov✓ers and duties of an executive committee may be adopted only by a favorable vote of aIl membezs of the board. A.R'T��,E VII. POV�JEYtS AND 1)UT](ES Section 1. The board may take such actions as it deems necessary and convenient to accomplish the general purposes of this ageement. _� �� -- ,� T �r . � �__ : _ ____ � _ ,. , Section 2. Tl1e board may: (a) enter into contracts to camJ out its powers and duties; (b) provide for the prosecutioi�, defense, or other participation u� proceedings at law or in equit�� in which it may ha��e an interest; (c) employ such persons as it deems necessary on a part-time, full-time or cot�sultant basis; (d) purchase, hold or dispose of real and personal property; (e) contract for space, commodities or personal sen�ices «�ith a member or group of inembers; (� accept �ifts, apply for and use grants or loans of money or other propert;� from the state, the United States of America, and from other jovernmenta] units and may enter into agreements in connection therewith and hold, use and dispose of such money or property in accorda�lce with the terms of the g-ift, grant, loan or a�reement relating thereto. (g) collect and analyze data, develop strategic recommendations and inlplement marketing programs for the purpose of econonvc development and retention of e�:isting businesses within the ,jurisdiction of areas of operation of the parties. AR�C�.E VIiI. FINANCI�, MATTEi2,S Section 1. The fiscal year of RDC is the calendar year. Section 2. The board shall adopt an initial budget and must thereafter adopt an a�inual bu�i��c p�or to July 1 of each year. The board wi11 give an opportunit�� to each member to �oinmer�t or object to the proposed budget before adoption. Notice of the adopteci budget must '�� 3�i1P�1 pro!�ptl�� thereafter to the cluef adrrunist�ative officer of each member. The budget rs deemed approved by each member unless, prior to Gctober lOth of that year a member gives �t�er �� tic,� :;� �he Secretary-Treasurer that the member is withdr�winb at the end of the year a.� ��av�ded iri this agreement. . ��ctior� 3. O�perational costs shall be sh��ed according ta a method a�-eed upon by una,nnimoras vc�¢� of the Board of L�irectors. ihis method may include members�up dues an� fees, a�id charg�s f�r s�rvice to mer:�bers. . .: T� � . . � �. � _ _ _ _ Section 4. Billings to RDC members are due and payable no later then 30 days after mail'ulg. In the event of a dispute as to the amount of a billing a member must nevertheless mal:e payment �,s billed to preserve memberslvp status. The member may ma1�e payment subject to its ri�ht to dispute the bill and exercise any remedies available to it. Failure to pay a billing v�rithin 60 days results in suspension of voting privileges of the member director. Failure to pay a billing witlun 120 days is grounds for tennination of inembership, but RDC's ri�l�ts to the billing are not affected by ternlination of inembership. ARTIC�E IX. ADMII�ISTRATOR ��ction 1. The RDC may appoint an adznuustrator. The administrator ma�� be employed on a fiill-time, part-time or consultintr basis. �ection �. The adnunistrator, if appointed, has only those powers and duties delegated by the board. The administrator reports to and is responsible to the board. ART7CLE x W�[`I�RAWAL Section l. A member ma.y withdraw from the RDC no later than 30 days after the adoption of the budQet by giving written notice to the Secretary-Treasurer. The notice shall be .�,� :, ��_ ��?�d by a certified copy of a resolution adopted by the governing body of that member aut�orizing its withdrawal from membership. The ��ithdrawal is effective at the end of the cal�t�c��x� y�ar in which notice is �iven. ��c�tion 2. The withdrawal of a member does not af�ect that member's obligation to pay fees, charges or contractual charges for which it is obligated under this a�eement. ARTIC`L� �. DISSOLUTIOIV ��ction 1. RDC may be dissolved by a ri�vo-thirds vote of RDC members in good ,��r�an� Uissolution is mandatory «�hen the Secretary-Treasurer has received certified copies of Yes�lucions adopted by the goveming bodies of the required number of inembers requesting ,� c;h�,. �,::.:......_ c the RBC. �ection 2. In the event of a dissolution, the board must determine the measures nec�ssary �:� �:��:': i�he dissolution and must provide for the talcing of such measures us promptly as �c;��°��r.�zlc,�s permit, subject to the provisions of this ag•eement and law. Section 3. In the event of dissolution, following the payment of all ou�standing F. t. _'_::� I .._. , � ._" _ I . . ._ ' ._. -"-- _ " - '" _ - " ____ . . _„_' ".�_ _'."_�._ _ .'__' '_'. _' _ _:'"'_'" �� , ,� o�li�ations, assets of the RDC «�ill be distributed amon� the then existing members in direct proportion to their cumulative annual membership contributions. If those obligations exceed the assets of the RDC, ihe net deficit of the RDC will be charged to and paid by the then e�isting members in direct proportion to their cumulative annual membership confiributions. ARTICLE XII. EFFECTIVE DATE: DLJRATION Section 1. This a�eement continues in effect indefinitely unless ternlulated in accordance with its terms. This agreement is accompanied by the member resolution authorizing its !'�.;�� is filed by the initial members with City Clerk of the Cit�� of Brool:lyn Center. �:i !�+IIZNESS V��IIEREOF, the undersi�ed govemmental unit has caused tlus a�eeme�it to be exe�uted by its duiy authorized officers a�ld delivered on its behalf. Governmental Unit: l�°s'. Its � .� Its 1:_=..�yi�i�.� a�:4� _fp��d by t�ie �i� of Broo�lyn Cenier tius da�� of , 1992. � /t -� MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORIT'� f �. �tEQUEST FOR EDA CONSIDERATION - STAFF REPORT EDA M��TING DATC June 13, 1994 EDA Action: ❑ Special Order of Busiiiess Agenda Section: �• B ❑ Public I-Iearinbs Report Number: EDA— — ❑ Conscnt Agc:ncla Repor[ Da�c: — — �] �DA Busiucss Itcm Dcscriptiou: �onsideration of EDA Resolution No. 94—EDA9 Approving the Application of th State of Minnesota Economic Recovery Grant to Provide a Loan for the Expansion of Wolff Executive Director's Review/Recommendation: - No comments to suppleuient tliis report �'`---- .: - Comnieuts attaciieci � � L?Cp�II(lil[IOII/SUI11Rltlij� (atLich supplemcnl sheeis ;u nec;essary) S Ui�iN[ARY: Wolf & Associates, a local Mounds View business since 1987, is considering the expansion and reconfiguration of their current facility located at 486o Mustang Circle. Wolf & Associates is a unique national material handling systems company for the pulp and paper, power generation, mining, and resource recovery industries. They employ approximately 45-50 employees in Mounds View including assembly, fabrication, engineering and general office positions. Wolf & Associates would like to stay and grow in Mounds View but need some additional financing assistance to proceed. In consideration of this, Mounds View has an opportunity to apply for an economic recovery grant through the State Department of Trade and Economic Development. The grants are awarded to local government units who then make gap-financing loans to assist new or expanding businesses. The approval process is very competitive due to a limited amount of funds. The resolution will serve as assurance that the City of Mounds View's EDA is supportive of Wolf and Associates and has an urgent need for the grant funds. The resolutio.n, along with letters of support, will accompany the grant application. � ____, �__� Cathy Benn , conomic Development Coordinator RECOMMENDATION: Staff is recommending that the EDA adopt Resolution No. 94-EDA9 Approving the Application of the S+ate of Minnesota Economic Recovery Grant to Provide a Loan for the Expansion of Wolf & -._e,iria±ec 0 tDA RESO�UTION NO. 94-EDA9 RESOLUTION NO. 94-EDA9 APPROVING APPLICATION FOR THE STATE OF MINNESOTA ECONOMIC RECOVERY GRANT TO PROVIDE A LOAN TO WOLF & ASSOCIATES FOR EXPANSION OF LOCAL MANUFACTURING FACILITY WHEREAS, Wolf & Associates, a local business in Mounds View since 1987, is considering the expansion and reconfiguration of their current facility located at 4860 Mustang Drive and needs to secure gap financing to enable expansion in Mounds View; and WHEREAS, Woif & Associates is a high quality and unique business that designs and manufactures material handling systems for the pulp and paper, power generation, mining, and resource recovery industries nation wide; and WHEREAS, The City of Mounds View will be applying for an Economic Recovery Grant from the Minnesota Department of Trade and Economic Development to make a low-interest loan to Wolf & Associates and establish a revolving loan fund; and WHEREAS, such an endeavor would be in the best interest of the City to ensure the retention of 50 and the addition of 20 high quality jobs. • NOW, THEREFORE, BE IT RESOLVED THAT the Economic Development Authority hereby approves the application for an Economic Recovery Grant from the Minnesota Department of Trade and Economic Development to provide a low interest loan to Wolf & Associates. Adopted by the Economic Development Authority in and for the City of Mounds View this 13th day of June, 1994. ATTEST: President (SEAL) Executive Director ., __ � �� -�