HomeMy WebLinkAbout2004.05.21 CC Minutes - EDA discussionMINUTES FOR THE CITY COUNCIL WORKSHOP HELD ON MAY 21.2004
Mayor Fran Miron called the workshop to order at 9:00 am.
PRESENT: Granger, Petryk, Miron
City Administrator Mike Ericson
CD Director Bryan Bear
Administrative Intern Tom Denaway
Paul Steinman, Springsted Inc.
ABSENT: Chuck Haas and Frank Puleo
ECONOMIC DEVELOPMENT AUTHORITY
City Administrator Mike Ericson reviewed with Council the Power Point presentation provided by
Administrative Intern Tom Denaway at the April 19, 2004 City Council meeting. The focus of an EDA
or an EDC (Economic Development Commission) is on three things: 1) business retentions; 2) business
expansion; and 3) business attraction. Paul Steinman from Springsted, Inc. is a former Economic
Development Director for the City of Elk River and is currently President of EDAM. He discussed with
Council and staff the statutory powers of an EDA, the most important of which is the power to levy.
Council had many questions for Paul and Finance Director Ron Otkin, with the focus on Council control
on funding and level of authority of the EDA or EDC. After discussion, Council agreed with the
reorganization of the current Council as the EDA, to a seven -member commission with two Council and
five citizens -at -large. Council directed staff to proceed with preparations to hold a public hearing. An
enabling resolution will be drafted by staff with levels of authority, funding and statutory duties of the
commission. This issue will be placed on the next regular agenda of June 7, 2004 for formal discussion
and direction to staff.
ADJOURN
Petryk made motion, Granger seconded, to adjourn at 10:30 am.
All aye. Motion Carried.
Michael A. Ericson
City Administrator