Minutes

Of The

Regular Meeting Of

DETROIT LAKES DEVELOPMENT AUTHORITY

Tuesday, April 25, 2006

4:30 PM

Conference Room

City Administration Building

MEMBERS PRESENT:       Jim Anderson, Dixie Johnson, Matt Brenk, Mark Hagen, Tom Klyve, Greg                                                       Hildenbrand  

MEMBERS ABSENT:          Tim Olson

OTHERS PRESENT:           Larry Remmen, Community Development Director, Richard Grabow,

  I.        CALL TO ORDER:

            Chairman Jim Anderson called the meeting of the Detroit Lakes Development Authority to order at 4:30 PM in the Council Chambers of the City Administration Building, 1025 Roosevelt Avenue on Tuesday, April 25, 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 Mark Hagen seconded by Commissioner Matt Brenk and carried unanimously to approve the minutes of the regular meeting held April 11th, 2006.

III.        FINANCIALS

A.        A motion was made by Commissioner Tom Klyve seconded by Commissioner Matt Brenk and  carried unanimously to approve the financial report and payment of claims for the period ending February 2006.

 IV.      OLD BUSINESS

            There was no old business

  V.      NEW BUSINESS

A.        Consideration to the IRP advertisements

            Upon the recommendation of USDA/IRP auditors to advertise more to inform the public of the of IRP funds available, Larry Remmen circulated an advertising proof from the DL Tribune/Record.   After discussion, the Authority agreed to advertise in the newspaper as well as a direct mailing to local realtors, lawyers and accounting offices informing the public of the availability of IRP funding.  The issue was tabled until  the May 9^th meeting when Larry      Remmen will present pricing for the advertising.

B.        Review letter to banks regarding IRP Loan Program

            The Authority reviewed the letter Larry Remmen sent to local lending agencies, informing  them of the IRP funds available.  Larry reported he had received one response but it was outside of the City. 

C.        Advertising

            Larry Remmen reported that the Fergus Falls Resorter Magazine had contacted him regarding advertising in their publication, which covers Ottertail County.  Larry informed the Commissioners that advertising in Detroit Lakes local resorter magazine was not effective. It was unanimously agreed not to advertise in the Fergus Falls Magazine.

            Cleone Stewart from the Chamber approached Larry Remmen about advertising in the local tourist coupon book put out by the Chamber.  The advertising cost would be $263. It was unanimously agreed by the board to advertise in the local Chamber Of Commerce book.

D.        Sale Of Lot 2 Block 2

            Mike Hughes, Pet Care Systems would like to purchase Lot 2, Block 2 of the Detroit Lakes North Industrial Park.  The lot is south of his business.  Larry Remmen reported that this lot contained a sizeable wetland of approximately 40%.  Hughes offered $18,000 for the lot.  The assessments on the lot are $18,261.  A motion was made by Commissioner Matt Brenk seconded by Commissioner Greg Hildenbrand and carried unanimously to offer Mike Hughes the lot for the assessment cost of $18,261.

E.        Economic Development Bus Tour

            Mayor Larry Buboltz informed Larry Remmen that the EDD Committee through West Central  Initiative would be hosting a meeting in Detroit Lakes May 11^th.  After the meeting, Mayor Buboltz would like the attendees to have an economic development tour of Detroit Lakes.     The cost of renting a bus for the tour is approximately $300.  A motion was made by Commissioner Matt Brenk seconded by Commissioner Dixie Johnson and carried  unanimously to approve the rental of a bus for the tour. 

F.         Update On HCI Loan

            Richard Grabow informed the Authority that financing for the Detroit Lakes Community and Cultural Center was being discussed by the City Council and they may be reading about it in the papers soon.  He informed them that the $1,500,000. loan will be restructured and repaid through $50,000 per year tax levy.  Also, HCI will make a $225,000 payment to the QZAB Debt Service Fund.

VI.       Adjournment

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

                                                                                                Signed

                                                                                                 Larry Remmen

                                                                                                Community Development Director

LR:nw