Jo-Carroll Depot Local Redevelopment Authority

Economic Development Committee

11:00 a.m., Tuesday, August 17, 2010

3651 Crim Drive, Suite 1

Savanna Depot Business, Industry & Technology Park

Savanna, IL

I. CALL TO ORDER: Chairman Don Crawford called the meeting to order at 11:00 a.m. on Tuesday, August 17, 2010.

II. ROLL CALL was answered as follows: Present: Paul Hartman, Bill McFadden, Ed Olds, Ron Smith and Don Crawford. Present: 5. Absent: 0. Other Board members and Staff present: Bill Wright and Jan Davis. Guests present: Ole Pace (RVPR), Jennifer Phillips (Speer Enterprises), and Randy Prase (TCEDA).

III: APPROVAL OF MINUTES OF JULY 20, 2010

A motion to approve the Economic Development Committee meeting regular and closed minutes from July 20, 2010 was made by Ed Olds, seconded by Paul Hartman. The motion carried by voice vote.

IV: OLD BUSINESS

A. HFPD - sublease of truck scale in Parcel 7

The Army did give us permission to remove the truck scale. The letter to notify the Hanover Fire Department that they can remove the truck scale has been held until we have another scale in place.

B. Offer(s) to Purchase property in Parcel 3A

Ole Pace (RVPR) presented a plan for development of Parcel 3A to this committee.

V: EXECUTIVE SESSION

A motion to enter Executive Session as permitted for the following under:

5 ILCS 120/2(c)(6), for the setting of a price for sale or lease of property owned by the public body was made at 11:20 a.m. by Bill McFadden, seconded by Ed Olds. The motion carried by roll call vote as follows: Paul Hartman, Bill McFadden, Ed Olds, Ron Smith and Don Crawford. Ayes: 5, Nays: 0.

All guests were excused at 11:20 a.m. Board member Bill Wright and LRA staff member Jan Davis was present.

A motion to exit Executive Session at 11:46 a.m. was made by Ed Olds, seconded by Bill McFadden. The motion carried by roll call vote as follows: Paul Hartman, Bill McFadden, Ed Olds, Ron Smith and Don Crawford. Ayes: 5, Nays: 0.

Mr. Crawford reconvened the meeting at 11:46a.m. Jennifer Phillips (Speer Enterprises) and Randy Prase (TCEDA) returned to open session.

A motion to recommend to the full board to enter into an agreement with Riverport Railroad for the sale of Lots 1,2 & 3 in Parcel 3A with the agreement to be worked out by Phil Jensen and Ole Pace and to contain the stipulation that at the end of a specified period of time if development has not occurred, the LRA will buy the property back for the same price it was sold. Riverport Railroad will remove the buildings was made by Ed Olds, seconded by Ron Smith. The motion carried by roll call vote as follows: Paul Hartman, Bill McFadden, Ed Olds, Ron Smith and Don Crawford. Ayes: 5, Nays: 0.

VI: NEW BUSINESS

VII: PUBLIC COMMENT

Jennifer Phillips (Speer Enterprises) inquired about status of the contract for Building 200. Don Crawford will call Phil Jensen for status.

Randy Prase (TCEDA) – Gave an update on TCEDA. The SBDC (Small Business Development Center) program had lost it’s funding and its program was no longer in existence. TCEDA is now approved to be the new host site for SBDC for Jo Daviess, Carroll and part of Whiteside Counties. They are working on getting matching funds committed for that. On August 5, 2010, they hosted first of many manufacturing counsel roundtables. Any manufacturers who could benefit from peer-to-peer, one-on-one networking and shared issues, related discussions, send them on to TCEDA.

VIII: ADJOURNMENT

A motion to adjourn was made by Ed Olds, seconded by Bill McFadden at

11:50a.m. The motion carried by voice vote.

_______________________________

Jan Davis, LRA Secretary