Economic Development Authority Meeting Minutes for December 06, 2006

Regular Meeting Minutes

December 6, 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, Barb Fivecoate, Bob Voss and Mary Jacobsen. Also present was Executive Director, Craig J. Wainio and Mt. Iron EDA representative Gary Cerkvenik.

A motion was made by Allen Nelson and supported by Barb Fivecoate to approve the minutes of the November 1st, 2006 EDA meeting and to approve payment of the bills as presented totaling $37,830.64. Motion passed unanimously.

Craig Wainio reported on his recent trip to New York to tour a wood pellet plant with the Birchem’s. He also presented photos of the plant and the process and buildings. 

Gary Cerkvenik gave an update on the CBED wind project and Minnesota Power’s possible proposed participation as an owner. He also said that the proposed EU energy wind blade project is at least 2 years out. 

Resolution No. 11-06 to amend the development agreement between the Mountain Iron Economic Development Authority and Park Ridge to abandon the existing plat was discussed. A motion was made by Mary Jacobsen and supported by Barb Fivecoate to approve the resolution. Motion passed unanimously.

Resolution No. 10-06 to extend the closing date of the development agreement between the Mountain Iron Economic Development Authority and Mountain Timber Properties was discussed. An extension is being asked for to clear title issues. A motion was made by Barb Fivecoate and supported by Bob Voss to approve the Resolution. Motion passed unanimously.

The Job Opportunity Building Zone Business Subsidy Agreement between the City of Mountain Iron and Mount Timber Wood Products Inc. was discussed. This agreement would allow Mount Timber to proceed with a JOBZ application. A motion was made by Barb Fivecoate and supported by Andrea Wilson to recommend that the agreement be forwarded to the city counsel and recommended for approval. Motion carried unanimously.

Craig Wainio reported that an agreement has been reached with MNDOT for access to the proposed P and H site. 

A motion was made by Allen Nelson and supported by Barb Fivecoate to adjourn the meeting. Motion carried unanimously. 

President, Tony Zupancich adjourned the meeting at 5:53 p.m.