Economic Development Authority Meeting Minutes for April 05, 2006
Regular Meeting Minutes
April 5, 2006
A meeting of the Mountain Iron Economic Development Authority was called to order by President Tony Zupancich at 5:30 p.m. with the following members present: Allen Nelson, Andrea Wilson, Bob Voss, Barb Fivecoate and Dale Irish and Mary Jacobsen. Also present was Executive Director, Craig J. Wainio.
A motion was made by Mary Jacbosen and supported by Bob Voss to accept the “Release of Assessment Agreement and Assessor’s Certification” against Joseph Giru as presented. Motion passed unanimously.
A motion was made by Barb Fivecoate and supported by Mary Jacobsen to accept Resolution No. 02-06 approving a Development Agreement with Mountain Timber Properties LLC. Motion passed unanimously.
A Preliminary Development Agreement with Darcie Novak was discussed regarding a possible water park/hotel/condominium project.
A motion was made by Barb Fivecoate and supported by Allen Nelson to show support for receiving more preliminary information from the Novak’s regarding the project. Motion passed unanimously.
Executive Director Craig J. Wainio presented correspondence from P and H Minepro regarding the higher than anticipated estimates on site preparation for their proposed project. Craig will contact P and H Minepro and inform then that the city has a $ 2.2 million dollar maximum for T.I.F. and then ask P and H how they wish to proceed.
Gary Cerkvenik updated the authority on potential business activity for the city along with information on a possible heavy manufacturing spec building for the city.
Gary Cerkvenik also presented information on potential CBED (Community Based Economic Development) projects.
A motion was made by Barb Fivecoate and supported by Dale Irish for Gary Cerkvenik and Craig Wainio to prepare a definitive application to develop a heavy manufacturing 30,000 square foot shell spec building to present to the IRRB. Motion passed unanimously.
A motion was made by Barb Fivecoate and supported by Allen Nelson to authorize Gary Cervenik and Craig Wainio to proceed with CBED project development with attorney, Jeff Paulson and developer, John Carroll. Motion passed unanimously.
A motion was made by Barb Fivecoate and supported by Allen Nelson to accept the February 15th, 2006 meeting minutes with the addition of a motion that was made by Dale Irish and died for lack of support. Motion passed unanimously.
A motion was made by Allen Nelson and supported by Mary Jacobsen to pay the bills as presented. The motion passed unanimously by roll call vote.
A motion was made by Bob Voss and supported by Barb Fivecoate to adjourn the meeting. Motion passed unanimously.
The meeting was adjourned at 6:40 p.m.