HomeMy WebLinkAbout1997/12/15 - ADMIN - Minutes - Economic Development Authority - Regular1 ) A(//;,CITYOF
ST. LOUIS
PARK
SGANNE;
MINUTES
ECONOMIC DEVELOPMENT AUTHORITY
ST. LOUIS PARK, MINNESOTA
December 15, 1997
1. Call to Order
President Jeff Jacobs called the meeting to order at 7: 15 p.m.
2. Roll Call
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The following Commissioners were present at roll call: Jeff Jacobs, Chris Nelson, Sue
Sanger, Ron Latz, Robert Young, and Mayor Gail Dorfinan.
Also present were the Deputy City Manager (Ms. Kutzler); Director of Community
Development (Mr. Harmening); Finance Director (Ms. McBride) and City Clerk (Ms. Larsen).
3. Approval of minutes ofDecember 1, 1997 meeting
The minutes were approved as presented.
4. Approval of agenda of December 15, 1997
It was moved by Commissioner Sanger, seconded by Commissioner Young to approve the
agenda. The motion passed 6-0.
5. Reports - None
6. Old Business - None
7. New Business
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a. Election of Officers
It was moved by Commissioner Jacobs, seconded by Commissioner Sanger, to elect officers
for the year 1998 in accordance with EDA By-laws. The motion passed 6-0.
It was moved by Commissioner Sanger, seconded by Commissioner Nelson, to elect Jeff
Jacobs as President. The motion passed 6-0.
It was moved by Commissioner Young, seconded by Commissioner Sanger, to elect Gail
Dorfinan as Vice President. The motion passed 6-0.
It was moved by Commissioner Dorfinan, seconded by Commissioner Young, to elect Ron
Latz as Secretary. The motion passed 6-0.
It was moved by Commi ssioner Latz, seconded by Commi ssioner Sanger, to elect Robert
Young as Treasurer. The motion passed 6-0.
It was moved by Commi ssioner Nelson, seconded by Commi ssioner Sanger, to elect Charles
Meyer as Executive Director and Kathleen McBride as Assistant Treasurer. The motion
passed 6-0.
b. Approval of Proposed Budget for 1998 and Revisions to 1997
Commi ssioner Dorfin an asked the Finance Director, Kathleen McBride to briefly review
changes in budget since last meeting.
Ms. M cBride briefly highlighted the changes of adjusting some consulting costs in the
development fund, the addition of a comm ercial rehab fund, and more detail in admi nistrative
expenses.
Commi ssioner Nelson stated that Attachm ent A was very helpful and important to include in
next year's budget. President Jacobs concurred.
Commi ssioner Sanger asked M s. McBride why the budget for the comm ercial rehab fund had
been increased.
Mr. Harm ening explained the following as reasons for the increase; accessibility of a larger
portion of the City to the comm ercial rehab loan program and the future development of a
new business assistance program for the business comm unity.
It was moved by Commi ssioner Nelson, seconded by Commi ssioner Sanger, to approve the
proposed 1998 budget and revised 1997 budget. The motion passed 6-0.
8. Comm unications and Bills
a. Vendor Claims
It was moved by Commi ssioner Dorfin an, seconded by Commi ssioner Latz, to approve and
authoriz e payment of the vendor claims. The motion passed 6-0.
9. Adjournm ent
It was moved by Commi ssioner Sanger, seconded by Commi ssioner Latz, to adjourn the
meeting at 7:23 p.m. The motion passed 6-0.