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City of Mountain Iron, Minnesota

Economic Development Authority Meeting Minutes for February 03, 2016

Mountain Iron Economic Development Authority

Regular Meeting Minutes

February 3, 2016


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: Barb Fivecoate, Tony Zupancich, Peter Zattoni, Mary Jacobsen, Bob Voss and Andrea Wilson.  Absent members: Sue Tuomela.  Also present: Executive Director, Craig Wainio.


Voss moved and Fivecoate seconded to approve the consent agenda.  Motion carried 6-0 on a roll call vote.


Wainio updated the Board on the project we are working with Rockie, workforce housing, IRRRB Funding and the County Road 7 development.


Jacobsen moved and Voss supported to keep the officers the same as in 2015.  Motion carried unanimously.


Voss moved and Jacobsen supported to enter into a financial planning agreement with Northland Securities to develop TIF District number 15.  Motion carried unanimously.


Voss moved and Zattoni supported to adjourn the meeting at 6:08 p.m.  Motion carried unanimously.


Respectfully submitted by:


Craig J. Wainio

Executive Director

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