Economic Development Authority Meeting Minutes for December 18, 2013
Mountain Iron Economic Development Authority
Regular Meeting Minutes
December 18, 2013
A meeting of the Mountain Iron Economic Development Authority was called to order by Tony Zupancich, at 5:30 p.m. with the following members present: Mary Jacobsen, Tony Zupancich, Jeremy Jesch, Bob Voss, Sue Tuomela, Andrea Wilson and Barb Fivecoate. Absent members: None. Also present: Executive Director, Craig Wainio.
Voss moved and Wilson seconded to approve the consent agenda. Motion carried 6-0 on a roll call vote.
John Bennett and Jennifer Pontinen presented information concerning a business retention program that the EDA may want to consider.
Wainio reviewed wet lands credits with the Board.
Fivecoate moved and Voss seconded to approve the Uniform Contract for Cogeneration and Small Power Production Facilities between the EDA and the City for the solar panels on the Silicon Energy Building. Motion carried unanimously.
Voss moved and Tuomela support to approve the power purchase agreements between NP Solar Investments and the EDA and the City for the solar panels on the Silicon Energy building. Motion carried unanimously.
Jacobsen moved and Voss supported to approve the Put and Call Agreement between NP Solar Investments and the EDA for the solar panels on the Silicon Energy building. Motion carried unanimously.
Fivecoate moved and Voss supported to approve the Facility Lease Agreement for the solar panels located on the Silicon Energy building. Motion carried unanimously.
Zupancich moved and Tuomela supported to adjourn the meeting at 6:22. Motion carried unanimously.
Respectfully submitted by:
Craig J. Wainio