Attached is a transcript of the Red Wing City Ways & Means Committee meeting of February 13, 1985. Thank you Dean Massett and Carol Duff for providing this valuable information.
The transcript includes a detailed discussion with attorney Jim Holmes in which the use of a Port Authority is explained and compared to other economic development tools, such as an EDA. Legal issues of governance, accountability and transparency are also discussed.
Keep in mind this meeting was held nearly 25 years ago, so economic conditions, business tax subsidies, and state statutes regulating E.D. tools have changed. Below are links to two subsequent events.
Notes from Joint Meeting of Port and City Council. June 16, 1993.
Red Wing Economic Development Summit, June 23, 1994.
As always, you can view online or download.