12-23-2009 EDAAEDA Board Meeting
Main Conference Room — City Center
11:30 AM Wednesday, December 23rd, 2009
Updated: 17 December 2009
AGENDA
Note: In November we did not have a quorum, and so no official meeting was held. Consequently the Board will have to
ratify a number of actions that were approved by the Finance team in November, but had no official action by the full
Board of Directors.
I. Call to Order
II. Introductions
A. New Board Members — Mike Retterath & Daron Vanderheiden
B. New Intern — Patrick Brama
III. Approve Agenda
IV. Review Meeting Minutes
A. October 27th Board of Directors
B. October 30th Board of Directors (Special Meeting — Hackbarth Land Purchase)
C. October 21St Finance Team
D. November 25th Board of Directors (notes only)
E. November 18th Finance Team
V. Review of November Financial Statements — Finance Director
VI. Director's Report
A. Industrial Park— nearly DONE E. County EDA
B. Warrior Mfg. Land Sale — DONE F. Company "X"
C. Hackbarth Property — closed 12/18
D. NuCrane Manufacturing
VII. Ratify November Agenda Items
A. Lease of Stritesky Property (accept high bid)
B. MIF Loan for NuCrane Manufacturing (set terms)
C. Additional Infrastructure for Industrial Park
D. Grant Application (Sign grant)
VIII. EDA Board Membership — Recommend reappointment of Steve Jansick (1 st full 6 -year term)
IX. Land sale to McLeod County Solid Waste
X. Economic Development Loan Fund — Loan Application
XI. Cenex Site Redevelopment — Final Report / Next Steps
XII. Disposition of TI F District 4 -15 (former Goebel Property)
XIII. Discussion of potential 2010 Projects
XIV. Grant & Loan Applications
Siqn & Awning Grant
State Farm Insurance — Kim Kotzer $2,000
132 Main Street South
XV. Other Business
■ Miles on vacation January 1St — 10th
XVI. Chamber Update
XVII. Set Next Meeting — January 27th
XVIII. Adjourn