Economic Development Authority Meeting Minutes for December 21, 2011
Mountain Iron Economic Development Authority
Regular Meeting Minutes
December 21, 2011
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, Bob Voss, Andrea Wilson, Jeremy Jesch, Alan Stanaway and Susan Tuomela. Also present was Executive Director, Craig Wainio and Gary Cerkvenik.
Consent Agenda: A motion was made by Tuomela and supported by Fivecoate to approve the consent agenda. Motion passed unanimously by roll call vote.
Ed Roskoski gave a presentation on the Enterprise Zone. Mike Jacobsen was present to discuss his project.
Wainio presented an offer from Fairview in exchange for Fairview controlling the adjacent property they offered to make a monthly payment to the EDA. Fivecoate moved and Stanaway supported to reject the offer motion carried unanimously.
Cerkvenik discussed working with Rockie for the development of a Brewery and requested the EDA to determine the Development Agreement with Rockie as satisfied if he moved forward with the Brewery. Fivecoate moved and Jesch supported to approve the satisfaction of the development agreement upon the development of the Brewery. Motion carried unanimously. Cerkvenik also discussed street names and possible tax abatement for landscaping at the Silicon Energy.
Fivecoate moved and Stanaway supported to have Wainio talk to Peggy Anderson to see if she would be interested in sell her property. Motion carried unanimously.
The consensus of the board was to let the billboard contract expire.
Stanaway moved and Voss seconded to approve the Fund Balance Policy as presented. Motion carried unanimously.
A motion was made by Tuomela and supported by Voss to adjourn the meeting at 7:05 p.m. Motion passed unanimously.
Respectfully submitted by:
Craig J. Wainio