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Chairperson Steffen agreed but noted the scoring system would develop a system for the group <br />to evaluate as a whole, rather than which element is most important to each member. <br />The EDA discussed possible recipients for the business of the year. <br />The EDA selected Capstone Homes as the 2017 Business of the Year with a strong <br />recommendation that Zero Zone should be considered for 2018. <br />5. MEMBER / STAFF UPDATE <br />The EDA reviewed the Staff Update. Economic Dev. Mgr./Assistant City Administrator Brama <br />highlighted recent activity regarding PSD and their interest in the north portion of the new <br />business park noting that the request will come before the EDA in the next few weeks. He stated <br />that Adrenaline Sports is also looking at the PSD owned space next to the potential PSD <br />development. He stated that there is also interest in the site Adrenaline Sports was previously <br />interested in, noting that hopefully a purchase agreement will come before the EDA at the next <br />meeting. He also provided updates on the potential closing for Capstone and the recent activity <br />of Stonebrook. <br />6. ADJOURNMENT <br />Motion by Member Skaff, seconded by Chairperson Steffen, to adjourn the meeting. <br />Motion carried. Voting Yes: Chairperson Steffen, Members Skaff, Burandt, Brunt, Riley, and <br />Williams. Voting No: None. Absent: Member Hardin. <br />The regular meeting of the Economic Development Authority adjourned at 8:53 a.m. <br />Respectfully submitted, <br />Kurtis G. Ulrich <br />City Administrator <br />ATTEST: <br />Patrick Brama <br />Econ. Dev. Mgr/Assistant City Administrator <br />Draft by Amanda Staple <br />TimeSaver Off Site Secretarial, Inc. <br />Economic Development Authority/May 25, 2017 <br />Page 7 of 7 <br />