The Taconite Capital of the World

City of Mountain Iron, Minnesota



Economic Development Authority Meeting Minutes for June 18, 2008

Mountain Iron Economic Development Authority Meeting
Regular Meeting Minutes
June 18, 2008

President Tony Zupancich called the Economic Development Authority meeting to order at 5:30 p.m. with the following members present: Alan Stanaway, Andrea Wilson, Barb Fivecoate, Mary Jacobsen and Bob Voss. Absent: Allen Nelson Also present was Executive Director, Craig J. Wainio.

No Public Forum.

A motion was made by Barb Fivecoate and supported by Alan Stanaway to accept the consent agenda and pay the bills as presented. The motion passed unanimously by roll call vote.

Committee and Staff Reports: None

New Business:
Resolution No. 04-08 concerning the first amendment to the development agreement with Iron Range Investment Group was reviewed. A motion was made by Mary Jacobsen and supported by Barb Fivecoate to accept Resolution No. 04-08. Motion passed unanimously.

The 2007 Audit Report of the E.D.A. was reviewed. It was suggested that the E.D.A. inventory its’ assets. A motion was made by Alan Stanaway and supported by Bob Voss to accept the audit report. Motion passed unanimously.

A discussion was held regarding the RR property adjoining the Mountain Timber property. A motion was made by Barb Fivecoate and supported by Andrea Wilson to purchase the Regional Railroad Authority land for $7,000 which adjoins the Mountain Timber Project and other lands. Motion passed unanimously by roll call vote. 

Open Discussion:
Comprehensive Plan: Craig reported that the ARDC and Northspan would do a proposal to develop a comprehensive plan.

A motion was made by Bob Voss and supported by Mary Jacobsen to adjourn the meeting. Motion passed unanimously.

President, Tony Zupancich, adjourned the meeting at 6:16 p.m.

Respectfully Submitted,

Mary Jacobsen, Secretary

Recent News

Campground Reservations

Contact Us