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HomeMy WebLinkAbout02-13-1995 UNAPPROVED PROCEEDINGS OF THE MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY 3 4 5 Meeting No. 12 6 February 13, 1995 7 Mounds View City Hall 8 2401 Hwy. 10, Mounds View, MN 55112 9 10 11 12 CALL TO ORDER 13 14 The Economic Development Authority was called to order by President 15 Linke on February 13, 1995 at 7:45 p.m. 16 17 ROLL CALL 18 19 MEMBERS PRESENT: President, Jerry Linke; Vice President, Phyllis 20 Blanchard; Secretary, Julie Trude; Commissioners Gary Quick and Sue 21 Hankner; and Executive Director, Samantha Orduno 22 23 MEMBERS ABSENT: None 24 OTHERS PRESENT: Economic Development Coordinator, Cathy Bennett APPROVAL OF AGENDA: 28 29 MOTION/SECOND: Trude/Hankner to Approve EDA Agenda 30 31 VOTE: 5 ayes 0 nays Motion Carried 32 33 APPROVAL OF MINUTES: 34 35 MOTION/SECOND: Trude/Blanchard to Approve Minutes of the 36 November 14, 1994 EDA Meeting 37 38 VOTE: 4 ayes 0 nays 1 abstention Motion Carried 39 40 MOTION/SECOND: Trude/Hankner to Approve Minutes of the 41 January 9, 1995 EDA Meeting 42 43 VOTE: 5 ayes 0 nays Motion Carried 44 45 MOTION/SECOND: Trude/Hankner to Approve Minutes of the 46 January 23 , 1995 EDA Meeting 47 48 VOTE: 5 ayes 0 nays Motion Carried 49 50 CONSENT AGENDA: 1111 There were no items placed on the Consent Agenda for this meeting. D3 UNAPPROVED A EDA Page 2 4111 Meeting No. 12 February 13 , 1995 1 PUBLIC HEARINGS : 2 3 There were no public hearings scheduled for this meeting. 4 5 EDA BUSINESS : 6 7 A. Consideration of Resolution No. 95-EDA21 Supporting 8 Application for the State of Minnesota Economic Recovery Grant 9 to Provide a Loan to Dynex Industries for Expansion of Local 10 Headquarters Facility 11 12 Cathy Bennett, Economic Development Coordinator, reported that 13 Dynex Industries has been a local business since 1981. They 14 approached the City a few months ago with regards to expansion 15 of their current headquarters facility located at Mustang 16 Circle. Dynex Industries is an environmental and electrical 17 service company and recently began manufacturing a unique 18 machine that recycles fluorescent lamps . 19 20 A typical development agreement would not be feasible because 21 Dynex is not located in a current Tax Increment District. The 22 Economic Development Commission is in support of taking 23 necessary measures to assist in the retention of Dynex and has • 24 passed Resolution No. 95-EDC3 in support of an application for 25 an Economic Recovery Grant from the Minnesota Department of 26 Trade and Economic Development. These grant funds are very 27 limited so it ' s imperative that a broad spectrum of support is 28 received. 29 30 MOTION/SECOND: Hankner/Blanchard to Approve Resolution No. 31 95-EDA21 Supporting Application for the State of Minnesota 32 Economic Recovery Grant to Provide a Loan to Dynex Industries 33 for Expansion of Local Headquarters Facility 34 35 Secretary Trude explained that this company employs 36 approximately 45 people in Mounds View and they hope to grow 37 by, perhaps, 25 jobs with this expansion. 38 39 Commissioner Hankner noted that the business of recycling 40 fluorescent lamps will grow in the near future because the 41 legislature has prohibited the disposal of fluorescent lamps 42 in landfills. 43 44 VOTE : 5 ayes 0 nays Motion Carried 45 46 B. Consideration of Acceptance of Economic Development Commission 47 1995 Calendar, Bylaws , and Work Plan 48 4111 49 Cathy Bennett, Economic Development Coordinator, reported that 50 at the first regular meeting of the Economic Development UNAPPROVEI3 EDA Page 3 Meeting No. 12 February 13, 1995 Commission on January 26, 1995 , the members unanimously 2 approved the 1995 Calendar of Regular Meetings , Work Plan and 3 Bylaws for the governance and direction of the Commission. 4 Regular EDC meetings are held on the fourth Thursday of every 5 month with the exception of November and December which are 6 scheduled for the third Thursdays due to holiday conflicts . 7 The Bylaws include minor revisions . 8 9 Since the EDC only had four meetings in 1994, several of the 10 work plan items have been carried over for 1995 . 11 12 Secretary Trude requested clarification on certain items of 13 the Bylaws. 14 15 MOTION/SECOND: Hankner/Blanchard to Approve Economic 16 Development Commission 1995 Calendar, Bylaws , and Work Plan 17 18 VOTE: 5 ayes 0 nays Motion Carried 19 20 C. Consideration of Resolution No. 95-EDA20 Approving the 21 Appointment of Phil Seipp as Economic Development Commission 22 Chairperson 23 Cathy Bennett, Economic Development Coordinator, reported that the Economic Development Commission is required to appoint a chairperson at the first regular meeting of the year. At the 27 January 26, 1995 meeting, the members unanimously elected Phil 28 Seipp, President and CEO of SYSCO Minnesota, as Chairperson of 29 the Commission. It is noted that Dan Nelson, a resident of 30 Mounds View, was elected as the Vice-Chair for 1995 . 31 32 MOTION/SECOND: Hankner/Trude to Adopt Resolution No. 95-EDA20 33 Approving Appointment of Phil Seipp Economic Development 34 Commission Chairperson 35 36 VOTE: 5 ayes 0 nays Motion Carried 37 38 D. Consideration of Resolution No. 95-EDA22 Approving the Vision 39 Statement for Highway 10 Corridor in Mounds View 40 41 Cathy Bennett explained that Ron Schmidt, a member of the EDC 42 and Highway 10 Subcommittee, presented a draft Vision 43 Statement for Mounds View' s Highway 10 Corridor at the Work 44 Session on February 6. The Vision Statement is the first step 45 in the long term planning for the redevelopment of Highway 10 . 46 47 Developing a plan is in response to the Focus 2000 48 recommendation to improve the aesthetics and accessibility of 49 Highway 10 . As a result, the EDC established a subcommittee to research and evaluate opportunities along Highway 10 . The subcommittee currently consists of three members of the EDC, a member of the Planning Commission and a member of the Parks 53 and Recreation Commission. This will provide a framework for EDA Page 4 Meeting No. 12 February 13, 1995 1 the subcommittee to consider when they are developing a plan 1111 2 for the corridor. 3 4 Ms . Bennett read the Vision Statement portion of Resolution 5 No. 95-EDA22 . 6 7 MOTION/SECOND: Hankner/Trude to Adopt Resolution No. 95-EDA22 8 Approving the Vision Statement for Highway 10 Corridor in 9 Mounds View 10 11 VOTE: 5 ayes 0 nays Motion Carried 12 13 Secretary Trude said she felt the Highway 10 Corridor would be 14 a more attractive area as a result of this Vision Statement 15 and was pleased with the progress the Economic Development 16 Commission has made on the project. 17 18 E. Consideration of Resolution No. 95-EDA23 Supporting the 19 Pursuit of a Small Business Loan Program for Mounds View 20 Businesses as Recommended by the Economic Development 21 Commission 22 23 Cathy Bennett related that Mark Malone, a member of the 24 Economic Development Commission, gave an overview of the Small 25 Business Loan Program for Mounds View businesses at the Work • 26 Session on February 6. This recommendation was made as the 27 result of reviewing current incentive programs available to 28 local businesses and evaluating loan programs implemented in 29 other metro cities . 30 31 This program fulfills one of the action steps of the Focus 32 2000 Implementation Plan for economic development. The basic 33 parameters of the proposed program include ' the goals, 34 eligibility requirements , qualifying improvements , and the 35 terms of the loan. This would be a matching loan that the 36 City would provide with a participating bank. 37 38 This Resolution would allow the Economic Development 39 Commission to pursue the legal and financial structuring of 40 the program. Once those documents have been prepared, the 41 program will be brought back to the EDA for final approval. 42 43 MOTION/SECOND: Blanchard/Hankner to Adopt Resolution No. 95- 44 EDA23 Supporting the Pursuit of a Small Business Loan Program 45 for Mounds View Businesses as Recommended by the Economic 46 Development Commission 47 48 VOTE : 5 ayes 0 nays Motion Carried 49 50 REPORTS . 51 52 1. Report of President Linke : Thanked Sgt. Johnson of the Police 53 Department for allowing him to ride along last Saturday night. 54 EDA UNAPPROVED Page 5 Meeting No. 12 February 13, 1995 1111 1 2. Report of Vice President Blanchard: No report. 2 3 3 . Report of Secretary Trude: No report. 4 5 6 4. a. Report of Commissioner Quick: No report. 7 8 b. Report of Commissioner Hankner: No report. 9 10 5 . Report of Executive Director Orduno : No report. 11 12 13 ADJOURNMENT 14 15 There being no further business before this Authority, President 16 Linke adjourned the meeting at 8 : 06 p.m. 17 18 Respectfully submitted, 19 20 21 Judy Rider 22 Recording Secretary 23 TimeSaver Off Site Secretarial