State economic development committees seek new members

There are openings for new members on several state committees and boards that deal with economic development-related issues. These committees often play a key role in helping to develop and implement policies and programs that can have a major impact on economic development in Greater Minnesota. We strongly encourage GMNP members get involved by applying to serve on one or more state committee!

Below are a few of the committees that may be of interest to GMNP members. The Secretary of the State’s Office is currently accepting applications, which are due by Nov. 28. For more information on how to apply to serve on these or other state committees, go to http://www.sos.state.mn.us/media/2744/november-2016.pdf.

MN Job Skills Partnership Board (1 vacant seat)

Powers and Duties: The board brings together employers with specific training needs with educational or other non-profit institutions which can design programs to meet those needs. The board shall assist in the development of training programs that train and place workers. The board administers the state’s Dislocated Worker Program, and the Job Skills Partnership grant programs.

Restrictions to Membership: The 12 members include the commissioner of the Department of Employment and Economic Development, the chancellor of MNSCU, and the president of the University of Minnesota. The chair and seven members are appointed by the governor, and two by the Legislature. Terms are staggered.

Meeting Information: Meetings are held 4-5 times per year at the Department of Employment & Economic Development in St. Paul.

MN Rural Finance Authority (2 vacant seats)

Powers and Duties: The authority’s purpose is to develop the state’s agricultural resources by extending credit on farm real estate security and depreciable agricultural property (improvements, machinery, animals). The authority carries out this purpose by purchasing participation interests in loans or selling Agricultural Development Revenue Bonds to agricultural lenders or individuals for the purchase of agricultural items. Other loan participation programs provide for restructuring farmer agricultural debut; assistance to lower equity farmers to purchase stock in a value-added processing cooperative, assistance to help finance the purchase of livestock related equipment; and a program designed to help farmers affected by recent natural events leading to a disaster declaration.

Restrictions to Membership: The 11 members include the commissioners of the departments of Agriculture, Commerce, Management and Budget, Employment Economic Development; state auditor, and six public members. No public member may reside within the metropolitan area.

Meeting Information: The board meets the first Wednesday of each month. Meetings are held at the Department of Agriculture, 625 N. Robert St., St. Paul.

Minnesota Agricultural & Economic Development Board (1 vacant seat)

Powers and Duties: The board provides business loans for agricultural and economic development projects. The loans are funded by an existing fund or through the issuance of bonds backed by a reserve fund. The board also serves as a statewide “conduit” bond issuer for select transactions meeting eligibility requirements.

Restrictions to Membership: The seven members include two public members with experience in finance, appointed by Enterprise Minnesota; the Commissioner of Minnesota Management and Budget, the Commissioner of Agriculture, the Commissioner of Employment & Economic Development, the Commissioner of the Pollution Control Agency, and the president of Enterprise Minnesota, or designees. The board has designated the DEED Commissioner as chair.

Meeting Information: Meetings are held as needed, typically at least quarterly in most fiscal years. Meetings are held at the Department of Employment & Economic Development in St. Paul.