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• <br />Economic Development Authority Minutes <br />January 9, 2012 <br />Page 3 <br />Commissioner Zerwas questioned if CDI is still on board with doing some shared costs and <br />being active in getting services restored to the northern lot and the road up front. Ms. Deckert <br />stated that those discussions will be held in the future. <br />MOVED BY COMMISSIONER WESTGAARD AND SECONDED BY <br />COMMISSIONER GUMPHREY TO AUTHORIZE STAFF TO MOVE FORWARD <br />WITH THE LOT SPLIT AND SALE OF 4.8 ACRES TO CRYSTAL <br />DISTRIBUTION, INC. MOTION CARRIED 7-0. <br />8. Authorization to Use Development Funds to Cover Costs Associated with the 171ST Area <br />Phase 1 Improvements <br />Mr. Femrite presented his staff report. <br />MOVED BY COMMISSIONER MOTIN AND SECONDED BY COMMISSIONER <br />DWYER TO AUTHORIZE $700,000 FROM THE ECONOMIC DEVELOPMENT <br />AUTHORITY FUND TOWARDS THE 171sT AVENUE AREA PHASE 1 <br />IMPROVEMENTS AS OUTLINED IN THE STAFF REPORT. MOTION <br />CARRIED 7-0. <br />Discuss Initiative Foundation Request <br />Ms. Deckert presented the staff report. <br />• <br />Commissioner Motin stated he would be opposing this request as he doesn't feel this is a good <br />use of EDA funds. President Tveite concurred. <br />MOVED BY COMMISSIONER ZERWAS AND SECONDED BY <br />COMMISSIONER DWYER TO APPROVE THE 2012 REQUEST BY THE <br />INITIATIVE FOUNDATION FORA $2,500 DONATION WITH FUNDING <br />COMING FROM THE EDA MISCELLANEOUS LINE ITEM .MOTION <br />CARRIED 5-2. Commissioners Motin and Tveite opposed. <br />10. Other Business <br />Mr. Wilfahrt provided a branding updated as outlined in his staff report. <br />11. Adjournment <br />There being no other business, President Tveite adjourned the meeting of the Elk River <br />Economic Development Authority at 6:13 p.m. <br />• <br />Minutes prepared by Jessica Miller. <br />~~~~~ <br />Dan Tveite, President <br />~'? <br />~',.,r <br />Tina Allard, City Clerk <br />