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 Mitchell County Economic Development Commission

508 State Street

Osage, Iowa 50461

  Minutes

2.26.2007

 

The Mitchell County Economic Development Commission met in regular session on Monday, February 26, 2007 in the MCEDC Board Room.  Dale Mooberry called the meeting to order at 7:00 pm.  Members present: Harlan Bisbee, Terry Byrnes, Bob Glassel, Kelvin Palsic, Joel Voeklander, and Ivan Wold. Also present: Brenda Dryer

 

Approve Minutes from 12.19.2006 (January 2007 meeting cancelled due to weather).

Glassel made motion to approve the December minutes, Palsic seconded, roll call vote taken all ayes.

 

Other Organization Business requiring Board action

Moved by Glassel to name Ivan Wold as Vice Chairman, second by Palsic, roll call vote taken, all ayes; Wold abstained.

 

Wold made motion to add Terry Byrnes to the bank account signatures cards, second by Glassel, roll call vote taken, all ayes; Byrnes abstained.

 

The MCEDC Board reviewed both the current FY 2007 budget and approved FY 2008 budget.  No action taken.

 

Moved by Wold, in accordance with SF 2410 to begin publishing MCEDC proceedings, rotating between the four county publications.  These proceedings will include the following three things:

-          the date, time and place of the meeting;

-          the members present; and

-          the action taken, including the results of each vote taken and information sufficient to indicate the vote of each member present.

Second by Palsic, roll call vote taken, approved unanimous. 

 

Financial Reports – January 2007 / February expenses

Wold motioned to approve the financial report and bills as presented, Voeklander seconded, roll call vote taken all ayes.

February bills:

Petty Cash / $149.68

St. Ansgar State Bank – payroll taxes / $658.40

IPERS / $254.02

Ashley Martin / $180.63

Brenda Dryer / 2050.91

North Iowa Web sites / $200 (Welcome Center)

McCloud / $32.59

Bisbee Income Tax / $50.00

WCTA / $43.78 (Welcome Center)

OMU / $59.30

BevCom / $15.00

Brenda Dryer $264.83 (expenses)

 

A copy of the reconciliation report for February 2007 can be found in the permanent secretary records for the MCEDC.

 

Staff Report

Business Expansion & Retention / Workforce Recruitment

bullet Current expansion projects continue to move forward for the most part on schedule. 
bullet Dryer showed a draft plat of the new industrial park in Stacyville. 
bullet Dryer will work with Melinda Wold to complete the “Connections” newsletter; target publication date: July 2007.

Entrepreneurship

bullet REBS project continues to move forward; equipment is ordered; production expected to begin in May.
bullet Cerma project continues to move ahead; new web site launched today.
bullet Dryer presented information on a new entrepreneur health care initiative being pursued by the region.  They are looking to match State funds to support this project regionally; they have established a target of $2157.76 for Mitchell County.  Board discussed asking for the assistance of MCRHC in offsetting this request.  Formal action to be taken in March. 
bullet Dryer presented the following tentative SMART START schedule to the Board:

            Osage / March 12th / 6:30 – 8:30 pm / MCEDC offices

            Stacyville / March 13th / 6:30 – 8:30 pm / Library

            Riceville / March 15t6h / 6:30 – 8:30 pm / Library or City Hall

            Osage / March 20th / 11:00 – 1:00 / MCEDC offices

            St. Ansgar / March 20th / 6:30 – 8:30 pm / City Hall       

bullet Fast Trac will begin on April 3rd and run for 10 weeks.  Pat Glassaso of Clear Lake will be the instructor.  We need at least 12 participants.  The classes will be held at the MCEDC offices.

Value Added Ag / Energy

bullet Dryer reported lots of potential investor interest in the community based wind project.  Potential investors can now sign up on our web site.  The recent ice/snow storm damaged the metering tower. 

Regional Marketing

bullet Interested Commissioners previewed the Alliance web site / www.northcentraliowa.net.
bullet In the last month one joint prospect package has been submitted.
bullet The Alliance sales trip and conference schedule has been set.
bullet Work has begun on the Alliance collateral material package. 

Community Resource

bullet The USDA RBEG application seeking $99,000 in funding to support the establishment of another RLF for Mitchell County goes in this week.
bullet Dryer and Byrnes recapped the recent Riceville strategic planning session facilitated by Dryer. 
bullet Dryer will be speaking at the Stacyville Appreciation Breakfast on March 1st. 
bullet Dryer and Palsic updated the group on Cedar River Fine Arts & Recreation Complex fundraising efforts and recent presentation to the Vision Iowa Board. 

Housing 

bullet Dryer reported on projects in St. Ansgar, Osage, and Riceville. 

Organization Administration

bullet We have yet to collect from 2 of the banks, Palsic and Glassel agreed to follow up, utility invoices going out for 2007.
bullet New intern working out well; Ashley Martin is working each day from 2:00 – 3:00pm.   
bullet Board Orientation is scheduled for March 26th at 5:30 pm. 
bullet Staff hour report – Jan/Feb 2007:

                        Entrepreneurship – 34%

                        Community Resource – 17%

                        Organization Admin – 14%

                        Regional Mktg / Industrial Recruitment – 12%

                        RLF – 11%

                        Industrial Retention / Workforce Recruitment – 5%

                        Value Added – Energy – 5%

                        Housing – 2%

 

RLF

Repayments begin in March – 3 loans.

 

Meeting adjourned at 8:35 pm by Chair Mooberry.                                             

 

______________________                            _____________________________

 

Dale Mooberry                                                                Brenda S. Dryer

MCEDC Chair                                                                 MCEDC Executive Director

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