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032803 EDA Min . . . .. CITY OF SHOREWOOD ECONOMIC DEVELOPMENT AUTHORITY MEETING FRIDAY, MARCH 28, 2003 5755 COUNTRY CLUB ROAD COUNCIL CHAMBERS TIME: 6:00 or immediately following EFD BOARD Meeting MINUTES 1. CONVENE ECONOMIC DEVELOPMENT AUTHORITY MEETING President Love called the meeting to order at 7:00 P.M. A. Roll Call Present: President Love; Commissioners Garfunkel, Lizee, Turgeon, and Zerby; and Executive Director Dawson Absent: None B. Review Agenda Without objection from the Board, President Love proceeded with the Agenda for the evening. 2. APPROVAL OF MINUTES A. EDA Minutes of March 25. 2003 Lizee moved, Zerby seconded, Approving the EDA Meeting Minutes of March 25, 2003, as amended on Page 1, Change the Meeting Date from "Monday" to "Tuesday." Motion passed 5/0. 3. NEW BUSINESS A. Award of Bids and Authorize Assignment of Contracts for South Lake Minnetonka Public Safety Facility-West Side Zerby moved, Lizee seconded, Adopting RESOLUTION NO. 03-001, "A Resolution Awarding and Authorizing Assignment of Contracts for Bid Package No.2, Bid Divisions No.1 through 34 for the South Lake Minnetonka Public Safety Facilities Project EFD WestlSLMPD Station." With the addition of the amendment including the words "up to bond financing amounts issued to date, and those contract awards and assignments exceeding current financing would be executed contingent upon closing of supplementary financing on or before April 30, 2003." Motion passed 5/0. 4. OTHER BUSINESS Executive Director Dawson expressed appreciation to the Board for its support in working through financing issues associated with the West Side Public Safety Facility. President Love thanked the Board, and noted he appreciated the support of the Commission throughout the building process of the West Side Public Safety Facility project. . . . .. ECONOMIC DEVELOPMENT AUmORlTY MEETING March 28, 2003 Page 2 of 2 5. ADJOURN Lizee moved, Zerby seconded, Adjourning the EDA Meeting of March 28, 2003, at 7:03 P.M. RESPECTFULL Y SUBMITTED, Sally Keefe, Recording Secretary