072307 EDA MinutesCITY OF SHOREWOOD 5755 COUNTRY CLUB ROAD
ECONOMIC DEVELOPMENT AUTHORITY MEETING COUNCIL .CHAMBERS
MONDAY, JULY 23, 2007 Immediately Following
Regular Council Meeting
MINUTES
1. CONVENE ECONOMIC DEVELOPMENT AUTHORITY MEETING
President Lizee called the meeting to order at 8:55 P.M.
A. Roll Call
Present: President Lizee; Boardmembers Turgeon, Wellens, and Woodruff; Executive Director
Dawson; Assistant Executive Director Nielsen; Assistant Treasurer Burton; and
Associate Attorney Mayeron
Absent: Boardmember Callies
B. Review Agenda
Turgeon moved, Wellens seconded, Approving the agenda as presented. Motion passed 4.0.
2. APPROVAL OF MINUTES
A. EDA Minutes of January 8, 2007
Turgeon moved, Wellens seconded, Approving the EDA Meeting Minutes of January 8, 2007, as
presented. Motion passed 4/0.
3. CONSENT
Turgeon moved, Wellens seconded, Approving the Motions Contained on the Consent Agenda.
A. Treasurer's Report
B. Approve Payment of Claims
In response to a comment from Boardmember Woodruff, Assistant Treasurer Burton explained the EDA's
fund balance did not change significantly from year to year. The EDA invoiced the South Lake
Minnetonka Police Department and the Excelsior Fire District, and when the invoices were received, the
EDA immediately paid US Bank. Woodruff requested that he would like to have a report that reflected
the fund balance before and after payments and disbursements.
Motion passed 4/0.
CITY OF SHOREWOOD ECONOMIC DEVELOPMENT AUTHORITY MEETING
July 23, 2007
Page 2 of 2
4. NEW BUSINESS
A. Selection of Officers
Boardmember Wellens recommended Boardmember Woodruff be appointed to the position of Treasurer.
Turgeon moved, Wellens seconded, Approving appointments the same as those confirmed on
January 8, 2007, with the exception that Richard Woodruff was confirmed as Treasurer. Motion
passed 4/0.
5. OTHER BUSINESS
No other business was presented.
6. ADJOURN
Wellens moved, Turgeon seconded, Adjourning the Shorewood Economic Development Authority
Meeting of July 23, 2007, at 9:00 P.M. Motion passed 4/0.
RESPECTFULLY SUBMITTED,
Christine Freeman, Recorder
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Christine Lizee, President
ATTEST:
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rence A. Brown, Acting Executive Director