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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 /> Patfck Bram <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 />