The Taconite Capital of the World

City of Mountain Iron, Minnesota

Economic Development Authority Meeting Minutes for August 04, 2010

Mountain Iron Economic Development Authority
Regular Meeting Minutes
August 4, 2010

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: Barb Fivecoate, Andrea Wilson, Mary Jacobsen, Alan Stanaway and Bob Voss. Also present was Executive Director, Craig Wainio. Absent: Allen Nelson

Consent Agenda: A motion was made by Barb Fivecoate and supported by Andrea Wilson to approve the consent agenda and pay the bills submitted in the amount of $25,417.82. Motion passed unanimously by roll call vote.

Public Forum: John Carroll and Gary Shaver, president of Silicon Energy presented information about Silicon Energy and its’ solar panel technology. They also mentioned that they will have a booth at the MN State Fair. 

Committee and Staff Reports:

Signage for South Forest Grove: Craig will choose a sign and get it ordered.

USS: USS will move pond.

Unfinished Business: None

Option Agreement: An option agreement between Bruce Kainz and First Discovery for land adjoining the proposed wind site was reviewed. 
A motion was made by Barb Fivecoate and supported by Bob Voss to approve the option agreement. Motion passed unanimously.

Non Audit Services Agreement: A non audit services agreement was reviewed from Walker, Giroux and Hahne.
A motion was made by Bob Voss and supported by Alan Stanaway to accept the Non Audit Services agreement. Motion passed unanimously.

A motion to adjourn the meeting was made by Alan Stanaway and supported by Barb Fivecoate. Motion passed unanimously.

President, Tony Zupancich, adjourned the meeting at 6:15 p.m.

Respectfully Submitted,

Mary Jacobsen, Secretary