Minutes

of the

Regular Meeting Of

DETROIT LAKES DEVELOPMENT AUTHORITY

Tuesday, February 14, 2006

 4:30 PM

Conference Room

 City Administration Building

MEMBERS PRESENT:     Dixie Johnson, Matt Brenk, Jim Anderson,      

                                Greg Hildenbrand, Tom Klyve

MEMBERS ABSENT:      Tim Olson, Mark Hagen,

OTHERS PRESENT:       Larry Remmen, Nancy Wichmann, Richard Grabow, Pippi Mayfield

I.       Call To Order:

          Chairman Dixie Johnson called the meeting of the Detroit Lakes Development Authority to order at 4:30 PM in the Conference Room of the City Administration Building, 1025 Roosevelt Avenue on Tuesday, February 14^th, 2006. All members of the Authority having been duly notified of the meeting and the business to be transacted.

II.     Minutes:

        A motion was made by Commissioner Matt Brenk, seconded by Commissioner Jim Anderson and carried unanimously to approve the minutes of the regular meeting held January 10, 2006 as corrected and presented.

III.    Financials:

A.      A motion was made by Commissioner Tom Klyve, seconded Commissioner Matt Brenk and carried unanimously to approve the financial report and payment of claims for the period ending December 31, 2005.

IV.    Old Business:

A.      Housing Data Report prepared by student intern – Information Only

          The Authority reviewed the Housing Data Report prepared by a student intern. The data report stated currently there are approximately 300 lots available for new home development within Detroit Lakes.  Approximately 50 lots per year are being used for home development resulting in Detroit Lakes having a fair amount of lots available for development. Also, certain residential developments, such as Timber Creek and Long Bridge Heights are developing faster than others       and once full, occupancy should spill over to other residential developments. Larry Remmen stated this report provided accurate information, and will be available for the City Council to review and discuss at their 2006 Strategic Planning Session, March 2 and 3^rd.

B.      Other

          None

V.      New Business

A.      Consideration To The Loan Request Of Freedom Tool & Die

          Larry Remmen reported Freedom Tool and Die were trying to obtain an SBA Loan and were unable to do so, however, Midwest Bank committed to funding $65,000 and West Central Initiative to $40,000.  The request for the Development Authority was withdrawn.  

B.      Consideration to providing access to Floral Impressions & Burger Time

          The Authority reviewed a map illustrating the proposed change in access to Burger Time and Floral Impressions affected by the Highway 10 Project.  The Authority agreed to recommend construction of a temporary road from Holmes Street running north to serve the Laundromat and Floral Impressions, with expected construction to take place in 2009 or 2010.

C.      Other

          Larry Remmen reported that the City Council, at their February 7^th meeting has authorized the Development Authority to buy and sell lots in the Industrial Park without Council approval.

A.      VI.    Adjournment

        There being no further business to bring before the Board, the meeting was adjourned.                                

                                                                            Signed                                                                                                                               Larry Remmen                                                                                                    

Community Development Director