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HomeMy WebLinkAbout2021/02/16 - ADMIN - Minutes - Economic Development Authority - Regular Official minutes EDA meeting St. Louis Park, Minnesota Feb. 16, 2021 1. Call to order President Brausen called the meeting to order at 6:45 p.m. 2. Roll call Commissioners present: President Brausen, Rachel Harris, Lynette Dumalag, Larry Kraft, Nadia Mohamed, Margaret Rog, and Jake Spano Commissioners absent: none Staff present: Executive Director (Mr. Harmening) Community Development Director (Ms. Barton), City Attorney (Mr. Mattick), Senior Management Analyst (Ms. Solano), and Recording Secretary (Ms. Pappas) 3. Approval of minutes 3a. EDA meeting minutes of Feb. 1, 2021 It was moved by Commissioner Kraft, seconded by Commissioner Dumalag, to approve the EDA meeting minutes of Feb. 1, 2021 as presented. The motion passed 7-0. 4. Approval of agenda and items on EDA consent calendar – none 5. Reports - none 6. Old business - none 7. New business 7a. Preliminary development agreement between the EDA and Wooddale Station LLC. EDA Resolution No. 21-02 Ms. Barton presented the staff report. Commissioner Dumalag asked about the timeline and when things need to happen for the applicant, as well as site control of the adjacent property. Ms. Barton stated that is required no later than July 31, 2021. DocuSign Envelope ID: FD64F8C2-1665-4BA9-8A46-E767D5E9842E Economic Development Authority -2- Feb. 16, 2021 Commissioner Dumalag asked if the timeline is late and there is no purchase agreement, what would happen. Ms. Barton stated then a new date would be proposed, and the EDA can either move forward or terminate the purchase agreement. She added this would be at the sole discretion of the EDA. Commissioner Dumalag asked if the city will move on to other applications from last summer. Ms. Barton stated the city will either go with previous proposals or do new RFP’s. It was moved by Commissioner Dumalag, seconded by Commissioner Harris, to adopt EDA Resolution No. 21-02, approving the preliminary development agreement between the EAD and Wooddale Station LLC. The motion passed 7-0. 8. Communications – none 9. Adjournment The meeting adjourned at 6:52 p.m. ______________________________________ ______________________________________ Melissa Kennedy, secretary Tim Brausen, president DocuSign Envelope ID: FD64F8C2-1665-4BA9-8A46-E767D5E9842E