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HomeMy WebLinkAbout04-10-2018 EDA City of Oak Park Heights Economic Development Authority Date: Tuesday, April 10, 2018 Location: Oak Park Heights City Hall — Conference Room Time: Immediately Following April 10, 2018 City Council Meeting AGENDA: 1. Approve Agenda 2. Approve Minutes—October 27, 2015 3. 6180 Osgood Avenue North— Right of Entry and Trail Easement 4. Officer Appointments 5. Adjourn Page 1 of 4 ECONOMIC DEVELOPMENT AUTHORITY OCTOBER 27, 2015 MEETING MINUTES 1 . Call to Order/Approval of Agenda: President Runk called the meeting to order at 7:27 p.m. Present: Vice-President Swenson, Treasurer Dougherty, Secretary McComber, City Administrator Johnson, City Attorney Vierling, and Deputy Clerk Pinski. Absent: Board Member Liljegren. Treasurer Dougherty, seconded by Secretary McComber, moved to approve the Agenda. Carried 4-0. 2. Approve Meeting Minutes — August 25, 2015: Secretary McComber, seconded by Treasurer Dougherty, moved to approve the Minutes. Carried 4-0. 3. 6180 Osgood Avenue North. Secretary McComber, seconded by Vice-President Swenson, moved to approve the house demolition and bid awarded to Bell's Trucking. Carried 4-0. 4. Adjourn: Treasurer Dougherty, seconded by Secretary McComber, moved to adjourn at 7:30 p.m. Carried 4-0. Respectfully submitted, Jennifer Pinski City Clerk Page 2 of 4 0 City of oak Park Herts Memo To: Economic Development Authority From: Jennifer Pinski Date: April 6, 2018 Re: Officer Appointments According to the Bylaws of the Economic Development Authority, officers shall be elected annually. Current officer positions: President — Mike Runk Vice-President — Mark Swenson Treasurer — Chuck Dougherty Secretary — Mary McComber Board Member— Mike Liljegren Below is a description of the officer positions: President The President shall preside at all meetings of the Board. Except as otherwise authorized by resolution of the Board, the President and the Secretary (the Vice- President, in the Secretary's absence or incapacity) shall sign all contracts, deeds, and other instruments made or executed by the Authority, except that all checks of the Authority shall be signed by the Treasurer and Assistant Treasurer. At each meeting, the President shall submit such recommendations and information as he or she may consider proper concerning the business, affairs, and policies of the Authority. Vice-President The Vice-President shall perform the duties of the president in the absence or incapacity of the President, and in case of the resignation or death of the President, the Vice-President shall perform such duties as are imposed on the President until such time as the Board shall select a new President. Secretary The Secretary shall keep minutes of all meetings of the Board and shall maintain all records of the Authority. The Secretary shall also have such additional duties and responsibilities as the Board may, from time to time and by resolution, prescribe. Page 3 of 4 Treasurer The Treasurer shall have the care and custody of all funds of the Authority and shall deposit the same in the name of the Authority in such bank or banks as the Board may select. The Treasurer and Assistant Treasurer shall sign all orders and checks of the payment of money and shall pay out and disburse such moneys under the direction of the Board. The Treasurer shall keep regular books of accounts showing receipts and expenditures and shall render to the Board, at least annually (or more often when requested), an account of such transactions and also of the financial condition of the Authority. The Assistant Treasurer shall act as the Treasurer's agent and assistant to perform the above-described duties, subject to the Treasurer's approval thereof. Page 4 of 4