032502 EDA Min
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CITY OF SHOREWOOD
ECONOMIC DEVELOPMENT AUTHORITY MEETING
MONDAY, MARCH 25, 2002
5755 COUNTRY CLUB ROAD
COUNCIL CHAMBERS
8:00 P.M. or immediately following
Regular Council Meeting
MINUTES
1. CONVENE ECONOMIC DEVELOPMENT AUTHORITY MEETING
President Love called the meeting to order at 8:23 P.M.
A.
Roll Call
Present:
President Love; Commissioners Garfunkel, Turgeon, and Zerby; and Executive Director
Dawson
Absent:
Commissioner Lizee
B. Review Agenda
President Love reviewed the Agenda and without objection from the Board, moved forward with the
meeting.
2. APPROVAL OF MINUTES
A.
EDA Minutes of January 28, 2002
Garfunkel moved, Turgeon seconded, approving the EDA Minutes of January 28, 2002, as
presented. Motion passed 4/0.
3. NEW BUSINESS
A. Selection of a Financial Advisor for Public Safety Facility
Executive Director Dawson explained the EDA Staff had issued a "Request for Proposal" for financial
advisory services for the Shorewood EDA. Staff interviewed three firms, checked references, and
reviewed fee materials submitted by applicants at the time of the interview. As a result, Staff
recommended Mr. Paul Donna, who is with the firm of Juran & Moody, be appointed Financial Advisor
for the Shorewood EDA on this project. Executive Director Dawson then reviewed Mr. Donna's
professional history for the Board.
Treasurer Zerby stated he was quite pleased with this recommendation.
Zerby moved, Garfunkel seconded, Appointing Mr. Paul Donna, with the firm of Juran & Moody,
as financial advisor for the Shorewood Economic Development Authority on the Public Safety
Facilities project. Motion passed 4/0.
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SHOREWOOD ECONOMIC DEVELOPMENT AUTHORITY MEETING MINUTES
March 25, 2002
Page 20f2
B.
Update on the Public Safety Facilities Project
Executive Director Dawson stated work continued on the Architectural Services Agreement and related
aspects of project management that were ongoing. He reported an Eastside station site had not yet been
determined. He noted there were various sites within three-quarters of a mile of the Vine Hill Road and
Cottagewood Road being considered. He explained the radial distance would allow for optimum
response time should the site be located within that area. Executive Director Dawson anticipated there
would be groundbreaking on the main west facility slated for the late summer of this year.
President Love commented a decision should be reached within the next 30 days with regard to potential
locations for the eastside site. He stated, with regard to the economy of the operation, it would be best to
build both stations at one time. However, he explained response time would be maintained within the
District should a site for the eastside station not be determined expediently.
4. OTHER BUSINESS
There was no additional business presented for consideration this evening.
5. ADJOURN
Zerby moved, Garfunkel seconded, adjourning the Shorewood EDA Meeting of March 25, 2002, at
8:29 P.M. Motion passed 4/0.
RESPECTFULLY SUBMITTED,
Sally Keefe,
Recording Secretary
Woody Love, President