06-24-2015 EDAAEDA Board Meeting
Main Conference Room — City Center
11:30 AM Wednesday, June 24, 2015
Updated: 18 June 2015
AGENDA Visits
Curtiss-WrigWrig ht NDT
Call to Order Lynn Card Company
II. Approve Agenda
Marketing Metrics
III. Review Minutes
A. May 20th Finance Team Meeting Website Updates 3
B. May 27th EDA Board Meeting Facebook Updates 11
IV. Review of May EDA Financial Statements — Andy Reid Twitter Activity 11
A. Report on Loan Portfolio — Jeffrey Page
V. Director's Report
A. BR & E Visits F. $763K DEED Grant
B. Marketing Plan Report G. 7,000 sf office space prospect
C. JumpStart Manufacturing Update H. Annual Manufacturer's Dinner
D. Hutchinson Way -Finding & Signage Plan Update I. July 8 th Special EDA Board
E. McLeod County Solid Waste & Energy Park Update
VI. Appointment of Scott Ziegler to EDA Finance Team
VII. FORMSTACK Presentation
VIII.
Marketing Initiative Proposal
$5,575
(each year for 3 years)
IX.
Fagade Improvement Program / Storefront Revitalization Matching Grant
■ Consider grant vs. forgivable loan program
■ Consider modification of Fagade Improvement Program rules under the Work Completion heading on the
final page (see attachment — stFiokeR laRgua , added language.
X.
Proposed EDA Budget for 2016
XI.
Downtown Redevelopment
A. Resolution requesting City Council Action on TIF District Modification
B. Update on pursuit of a 2 -year option on the old medical clinic site
C. Authorization to obtain property appraisal
$1,000
XII.
Grant & Loan Program Applications
Sian & Awning Grant Program
35 3rAve. SE — Mark & Heather Landerville
$1,000
1062 nd Ave. SW (Crow River Title) — Rod Manderschied
$1,000
Commercial Rehabilitation Loan Program
BARTCO Properties, Steve Barton, 24 Main Street S.
$22,000
10yr @ 3.25%
(Board approved up to $19,939 when it should have been $22,000)
XIII.
Other Business
XIV. Set Next Meetings — 11:30 AM Wednesday, July 8, 2015 (joint meeting w/ City Council)
11:30 AM Wednesday, July 22, 2015
XV. Adjourn