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011005 EDA AgP .;,,;.' .j CITY OF SHOREWOOD ECONOMIC DEVELOPMENT AUTHORITY MEETING MONDAY, JANUARY 10, 2005 5755 COUNTRY CLUB ROAD COUNCIL CHAMBERS 8:00 PM or Immediately Following Regular Council Meeting AGENDA 1. CONVENE ECONOMIC DEVELOPMENT AUTHORITY MEETING A. Roll Call President Love Lizee Turgeon _ Callies Wellens B. Review Agenda 2. APPROVAL OF MINUTES A. EDA Minutes of November 22,2004 (Att.- Minutes) 3. NEW BUSINESS A. Approve Payment of Claims (Att. - Payment of Claims) B. Selection of Officers (Att.- Executive Director's memorandum) 4. OTHER BUSINESS 5. ADJOURN . CITY OF SHOREWOOD ECONOMIC DEVELOPMENT AUTHORITY MEETING MONDAY, NOVEMBER 22,2004 5755 COUNTRY CLUB ROAD COUNCIL CHAMBERS Immediately Following Regular Council Meeting MINUTES 1. CONVENE ECONOMIC DEVELOPMENT AUTHORITY MEETING ~"" ~., !IJ;"""" ~i':" ~.]!.,.,,~'>>. '.'~'.' ~'.' :e,;~ t,.~. i;1i:''c',1 .~., ,,18 i :,1:.\1 .,ff.! -'1,~/!jJI,i Ji . 1iii\.~ '1.iI ill President Love called the meeting to order at 8:02 P.M. A. Roll Call Present: President Love; Boardmembers Lizee, Turgeon, and Zerby; Executive Director Dawson; Assistant Executive Director Nielsen, and Associate City Attorney Mayeron for Attorney Keane Absent: Assistant Treasurer Burton 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 September 27, 2004 Zerby moved, Turgeon seconded, Approving the EDA Meeting Minutes of September 27, 2004, as presented. Boardmember Zet:by questioned how many invoices remained for final payment related to the Public Safety Facilities. President Love stated all undisputed claims had been paid and a review process had been put in place for the remaining disputed items. Motion passed 5/0. 3. NEW BUSINESS A. Approve Payment of Claims Garfunkel moved, Lizee seconded, Approving the Payment of Claims as presented. Motion passed 5/0. 4. OTHER BUSINESS No other business was presented this evening. 5. ADJOURN Lizee moved, Garfunkel seconded, Adjourning the EDA Meeting of November 22, 2004, at 8:04 #;{/t . SHOREWOOD ECONOMIC DEVELOPMENT AUTHORITY 5755 Country Club Road Shorewood, Minnesota 55331-8926 952.474.3236 FAX: 952.474.0128 MEMORANDUM TO: EDA Board Members Craig W. Dawson, Executive Director vb DATE: January 6,2005 FROM: SUBJECT: Payment of Invoices; Appointment of Officers 1) Payment of Invoices ! The Excelsior Fire District and the South Lake Minnetonka Police Department have taken action to approve all of the remaining invoices in full related to the construction of the public safety facilities. Payment of the items on the claims list will make the EDA current with all outstanding claims. There will be some additional invoices making their way through the processes for approval by the public safety organizations and the EDA. For example, there is a change order of around $6,000 being considered on the West facility, and there will still be some equipment to be acquired with bond proceeds. There remains an issue regarding assignment of proceeds from the EFD East facility to the EFD/SLMPD West facility, due to the loss of expected economies in cost with the delayed start of construction of the East facility. This cost has been estimated to be $60,000. The SLMPD Coordinating COmlnittee believes this assignment should occur, and the EFD Board has not acted to approve this assignment (as required in the bond documents). 2) Appointment of Officers The officers appointed by the EDA in July 2004 are: * President: . Woody Love * Vice-President: John Garfunkel * President Pro Tern: Chris Lizee * Treasurer: Scott Zerby With the departures of John Garfunkel and Scott Zerby, the offices of Vice-President and Treasurer will need to be filled until appointments are made at the EDA's annual meeting in July 2005. 1F3A,.3B Shorewood Economic Development Authority Check Approval List for 01/10/05 Meeting Check # Vendor Name Description Check Date Invoice # 1163 1163 1163 KRAUS-ANDERSON CON POLlCE-PV #19 BAL 1/11/2005 4904.19 KRAUS-ANDERSON CON W.FIRE-PV#19 BAL 1/11/2005 4904-19A KRAUS-ANDERSON CON E FIRE-BAL OF PV#10 1/11/2005 4926-10A TOTAL FOR KRAUS-ANDERSON CONSTR CO TOTAL CHECKS ;":,:':;."7. ': ':".::: :'.'..-.::';':1'.':; :;:z=:r:::.::::.~:'S.-:': ::':~;:: '~,:: ,. :; '.r:, ',...>,.-..,:;,,~::-Z':~-''::::b .:" -ihllrsday, January 06, 2005 _."'.' ....__.,_., c_.,_.____,,,...L: ..","":".~.,.-......-....",..."..~,,-,,..'_.. . ,..........,.- "-"''''.', '.', ...0_.".......'-'......:....;...,.,...,'; :.,...",~, :'~ -r'.~ - . ".._....._..._..H..."... Amount $35,279.76 $40,434.37 $79,013.00 $154,727.13 $154,727.13 :il=-3A