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HomeMy WebLinkAboutHEDRA Agenda 20180111-Recap RECAP HASTINGS ECONOMIC DEVELOPMENT & REDEVELOPMENT AUTHORITY January 11, 2018, 6:30 pm. Hastings City Council Chambers I. Quorum – Present: Peine, Sinclair, Toppin, Sullivan, Balsanek, and Vaughan Absent: Denning Staff Present: Hinzman and Hill Oath of Office – Sullivan. Oath of Office administered to Commissioner Sullivan. II. Minutes – December 21, 2017 meeting – Approved 6-0 as presented. III. Bills – Approved 6-0 as presented. IV. Business Election and Appointment of Officers – Commissioners approved the following appointments: President – Denning Vice President – Sinclair Treasurer – Sullivan Secretary – Hill Assistant Treasurer – Finance Manager, Melanie Lammers Legal Counsel – Dan Fluegel and Andrea McDowell Poehler Resolution: Authorization of Banking Signatories – Approved 6-0 Authorize Signature – Open To Business – Approved 6-0. Discussion on effectiveness and use of program. Resolution: Authorize Economic Development Loan – beLoved Boutique – Approved 6-0. Resolution: Reauthorize Economic Development Loan – 2nd Street Depot – Approved 6-0. V. Reports and Information Hudson Development – Update on Council approval. Transfer scheduled for the end of January. Discussion on impact of denial of recent environmental grant applications and impact on HEDRA operations. Vermillion Corridor – Update on February 10th open house. Business Retention and Expansion – Information on BR&E included in recent City Newsletter Commercial Vacancy – No new changes in vacancy. Development – Discussion of downtown building renovations and new businesses. VI. Adjourn – Meeting adjourned at 7:20pm Next Meeting: February 8, 2018