MINUTES OF THE HILLS ECONOMIC DEVELOPMENT AUTHORITYNOVEMBER 11, 2003Arlen Leenderts, Vice President of the Hills EDA called the meeting to order at 7:45 P.M. Board present: Arlen Leenderts, Jim Jellema, Keith Elbers, and Linus Svoboda. Absent: Dana Dahlquist. Employees present: Joanne Goehle, EDA Treasurer and Connie Wiertzema, EDA Secretary. Guest present: Brenda Winter-Hills Crescent. Motion by Svoboda, seconded by Elbers to approve of the October 14th and 23rd minutes. Motion carried. Motion by Elbers, seconded by Svoboda to approve payment of the October expenditures. Motion carried. Discussed Mike Kerkhove and Amy Brandt’s housing proposal for Lot 1 in Block 1 of Park View Third Addition. Their appraisal was refused due to no comparable for a manufactured home. Kerkhove/Brandt are making changes to build a UBC home with a basement, which is comparable to a stick built home. Motion by Svoboda, seconded by Jellema to allow a maximum of 45 days from the time a purchase agreement is signed until closing, pertaining to the EDA’s housing lots in Park View Third and Fourth Additions. Elbers abstained. Motion carried. The Board discussed whether the EDA should build a duplex on Lot 6 in Park View Fourth Addition, or entice a contractor to initiate the project. No further discussion. Discussed whether to sell Southern Hills Apartments as condos. Motion by Jellema, seconded by Svoboda to proceed with selling the apartment building as condos, pending notification to Dana Dahlquist, EDA President. Elbers abstained from the motion. Motion carried. Elbers informed the Board that All States Realty could sell, and set-up an association for forming condos, rather than hiring an attorney. Also, any current apartment tenants have first chance at purchasing a condo, and fees for sales to current tenants will be three percent, rather than the full six percent for sales to outside buyers. Elbers noted that he is obligated to inform the EDA of all offers made on the condos. Motion by Jellema, seconded by Svoboda to set the price of the condos at $64,900.00. Elbers abstained from the motion. Motion carried. The EDA Board agreed to allow Elbers to work with the EDA’s attorney with regard to the sale of the condos.No further business, meeting adjourned at 8:15 P.M.Connie J. WiertzemaEDA Secretary(11-20)
