HomeMy WebLinkAboutHEDRA 08-13-09 MinutesHastings EDRA
Hastings Economic Development and
Redevelopment Authority
6:00 p.m. Hastings City Hall
Minutes of August 13, 2009
HEDRA Commissioners Kurt Keena, Bob Hollenbeck, Pam Holzem, Ron Toppin, present
Commissioner Anthony Alongi, Danna Elling Schultz and Dennis Martodam absent
Staff present: Hastings EDRA Director John Grossman, Planning Director John Hinzman, and
Community Relations Specialist Shannon Rausch,
I. Meeting called to order at 6:OOpm
II. Approval of Minutes
Minutes from the July 9, 2009 and special meeting on August 6 were presented, with one
correction noted Commissioner Toppin moved to approve the minutes with no changes. Keena
seconded the motion;
Motion passed 4-0
III. Bills
Commissioner Keena moved to pay the bills. Toppin seconded the motion.
Motion passed 4-0
IV. Business
A. 2010 Budget:
The budget presented was $100,000 lower in both revenues and expenses than the draft
budget discussed at the July meeting. That amount is the EDA revenue item and the
commercial-industrial development expense item.
The City Administration and Council Finance Committee did not recommend an EDA levy for
this year. Given current revenue conditions, the City needs all of the statutory levy limit to
balance its own budget this year. The EDA levy would be subtracted from the City's levy
limit, thereby reducing the City budget.
As discussed the Hastings EDRA had intended to set aside EDA levy funds for business
development each year. Discussion was had whether or not the City would continue to
deny EDRA's request to levy in the coming years. Commissioner Toppin recommended that
staff draft a memo to the Council outlining the need for the EDA levy, express the
understanding of the current budget situation, but stress that EDRA will need to begin
raising funds in order to carry out its economic development responsibilities.
Commissioner Keena moved to pass the 2010 Budget, Commissioner Hollenbeck
seconded the motion.
Motion passed 4-0
Commissioner Toppin moved the 2010 Levy, Resolution 4-2009, at the statutory rate of
.0185%, Commissioner Keena seconded the motion.
Motion passed 4-0
Hastings EDRA: 08/13/09
B. Industrial Park Signage:
Staff presented 4 final concepts for the Industrial Park entrance sign. This new sign will be
smaller than the existing sign. Discussion was had on what to call the park, "Industrial
Park' or "business Park'?
Of the options presented the Commission preferred options C and D without "Industrial'
but directed staff to solicit comments from the business owners in the Industrial Park.
C. Riverbend Pet Hospital.
The Riverbed Pet Hospital is looking for gap financing to build anew/ larger clinic in their
existing location. Staff is currently checking with TCCCF Funds to see if they have anything
that would help them. If that does not look like a viable option they are wondering if the
EDRA would be willing to consider creating a TIF district, or possible providing some form of
a gap loan to help them with the financing.
The staff thought that qualifying a TIF district in this area would be doubtful. The
commission decided to wait and see what TCCCF could do.
V. Reports:
Industrial Park:
Dental Arts is working on their plans at this time and they should be coming forward with
those soon.
VI. AdJournment:
Commissioner Keena moved to adjourn at 6:40 p. m., CommissionerToppin seconded;
Motion passed 4-0
Next meeting is scheduled for;
September 10, 2009 at 6:OOpm in the Council Chambers.
Shannon M. Rausch,
EDRA Secretary
Hastings EDRA: 08/13/09