01-23-2004 EDAMHutchinson HCDC — An EDA
Board of Directors
Minutes of Meeting
Friday, January 23, 2004
Members present in bold print:
Members:
Tim Ulrich Bob Windel Jim Haugen
Duane Hoversten Keith Fischer Casey Stotts
Guests:
Vi Mayer Tina Vorlicek Ken Merrill
Staff:
Lisa McClure, Interim EDA Director
1. Tim Ulrich called the meeting to order at 7:05 AM
2. Board Member Terms
Don Walser
Tim introduced Casey Stotts as the new Council appointee, along with Jim Haugen. He also noted
that Jeff Haag has resigned as an EDA Board member and that Duane has taken his seat.
3. Review minutes of November 21, 2003 EDA Board meeting.
M/S /P: Stotts, Fischer to approve the EDA Board minutes of November 21, 2003 as written.
4. Review Minutes of December 2003 and January 2004 Finance Team meetings.
M/S /P: Haugen, Walser to approve the minutes from the December 2003 and January 2004
meetings as written.
5. Review Minutes of November 2003 and January 2004 Industrial Park meetings.
M/S /P: Walser, Fischer to approve the minutes from the November 2003 and January 2004
meetings as written.
6. Review Financial Statements
Tim Ulrich reviewed the financial statements for the Board. On page three he noted that Professional
services have been paid to HKGi for the Downtown Study and for the Hackbarth condemnation
proceedings. Also on page three, dues and subscriptions in the amount of $4,796, most of that was
paid to the CVN. On page five, Tim noted that the Prince of Peace payment has been received. It
was noted that this statement represents the Preliminary December 2003 numbers.
M/S /P: Fischer, Haugen to approve the financial statements.
7. Directors Report
Lisa McClure gave the following report:
A. CVN
The next CVN meeting has been scheduled for sometime in February. When Lisa gets more
details on the time and date, she will let the board know so they can decide if any of them wish to
attend.
B. Hennen's
Lisa has a meeting today with Ed Sanders, Manager of Hennen's. She would like to talk with
him about how his business is going since the move and if they are happy in their new location.
C. Liquor Store
Candice was in attendance and she will talk more about the Liquor Store project a little later.
D. SuperValu /Cub
Representatives from Supervalu and Griffin Companies met with the Liquor Store team to discuss
options for the Cub building, if there was to be a second South location for the liquor store.
8. Liquor Store update
Candice Woods, Manager of the Liquor Hutch came to the board meeting to discuss the project. She
handed out a memo that detailed her recommendation to have two store locations and supporting
materials. Dakota Worldwide, consultant, is working on proformas to better understand what two
stores could do. Candice stated that she firmly believes there should be a downtown presence. The
current location is a good place for this operation. The board had a brief discussion about where they
thought the project should go.
9. 2003 Annual Report
Lisa prepared a summary report of the activities and financial statements from 2003 and a look
forward to 2004 goals. The Board reviewed the report but had no comments.
10. 2003 Loan Update
Lisa prepared a summary of the loan activity in 2003. She outlined which loans were paid in full,
which loans were new in 2003 and which loans are new for 2004.
11. Hutchinson Downtown Association Update
Lisa and Tim recapped the SWOT Analysis meeting. Lisa discussed the taskforce that was
established to prepare a survey on downtown related issues. Duane will be on the taskforce to assist
in keeping some continuity in downtown activities. The Chamber of Commerce will also be heavily
involved in the coming months. There has been some discussion about whether the HDA should fold
into the Chamber. New goals should be set to get more members and more people involved. The
Special Service District idea was revisited. Finding a way to make everyone happy may be very
difficult. The Board stated that they would be willing to put in matching funds if the downtown could
come up with some money for projects on their own. The board sees that the Downtown Study is
valuable and will be used in the coming years to implement projects.
12. Industrial Park Team Update
Tim updated the board on the Industrial Park Teams efforts to make plans to develop the Wetherell
and Stritesky properties. They have met with Raske to discuss options for the Wetherell property.
The services will be to the property in the summer and a building could be up around the same time.
Dick McClure is also interested in more land to do another business park. A letter from Dick was
included in the packet.
The Compost facility is interested in renting 20 acres. The road access and sanitary sewer are the two
biggest issues.
Representatives from the city, EDA, and Cenex will be meeting in early February to discuss the
possibility of consolidating properties.
13. Chamber Update
Tina gave the Chamber update. They are re- organizing their committees, the annual meeting is
February 5th, they will have legislative conference calls again this year, and there is new activity in
the Hotel.
14. Communications
Lisa included a thank you letter from Southwest Minnesota Foundation for the board to review.
The City is also hosting a reception for Duane Hoversten, as he is no longer on the City Council.
15. Other Business
The board would like to recognize Jeff Haag for his service to the EDA and the City. At one of the
February Council Meetings, the Mayor will recognize Jeff by giving him a plaque.
16. Set next meeting
The next meeting will be on Friday, February 27, 2004.
17. Adjourn
The meeting adjourned at 8:30 a.m.
Respectfully submitted,
Lisa McClure
EDA Interim Director