HomeMy WebLinkAbout03/23/2017 MeetingECONOMIC DEVELOPMENT AUTHORITY
City of Apple Valley
Dakota County, Minnesota
March 23, 2017
Minutes of the special meeting of the Economic Development Authority of Apple Valley, Dakota
County, Minnesota, held March 23, 2017, at 6:00 p.m., at Apple Valley Municipal Center.
PRESENT: Commissioners Bergman, Goodwin, Grendahl, Hamann -Roland, Hooppaw,
Maguire and Melander
ABSENT:
City staff members present were: Executive Director Tom Lawell, City Attorney Michael
Dougherty, Community Development Director Bruce Nordquist, Planner/Economic Development
Specialist Alex Sharpe, Finance Director Ron Hedberg and Department Assistant Joan Murphy.
Meeting was called to order at 6:01 p.m. by President Goodwin.
APPROVAL OF AGENDA
MOTION: of Hamann -Roland, seconded by Grendahl, approving the agenda. Ayes - 6 - Nays
- 0.
CONSENT AGENDA
MOTION: of Melander, seconded by Bergman, approving the minutes of the meeting of
January 26, 2017, as written. Ayes - 6 - Nays - 0.
Commissioner Maguire arrived at 6:04 p.m.
OPEN TO BUSINESS PROGRAM
Laurie Crow, Business Advisor for Open To Business, provided an update on how the program is
progressing in Dakota County and made comparisons to surrounding counties. The program is
offered through the Metropolitan Consortium of Community Developers (MCCD), and helps
small businesses and entrepreneurs that need individual advice and counseling, and access to
capital that is not available from the commercial banking system. Small businesses and
entrepreneurs generate a significant number of jobs and income, but are often unable to obtain
traditional funding because they are considered too risky by many lending institutions. The
technical assistance and financing network offered by MCCD can make a difference in creating a
successful business.
Discussion followed.
MOTION: of Hooppaw, seconded by Hamann -Roland, authorizing JPA with Dakota County
Community Development Agency for "Open to Business". Ayes - 7 - Nays - 0.
Economic Development Authority
City of Apple Valley
Dakota County, Minnesota
March 23, 2017
Page 2
ADJOURNMENT
MOTION: of Hooppaw, seconded by Melander, to adjourn. Ayes - 7 - Nays - 0.
The meeting was adjourned at 6:40 p.m.
Respectfully Submitted,
Joh Murphy, Departm t Ass Jant
Approved by the Apple Valley Ec no
Development Authority on q Tom Goodwin, President