HomeMy WebLinkAbout2021/06/21 - ADMIN - Minutes - Economic Development Authority - Regular Official minutes
EDA meeting
St. Louis Park, Minnesota
June 21, 2021
1. Call to order
President Brausen called the meeting to order at 6:20 p.m.
2. Roll call
Commissioners present: President Brausen, Lynette Dumalag, Rachel Harris, 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), Interim Administrative Services Officer (Ms. Solano)
3. Approval of minutes
3a. EDA meeting minutes of June 7, 2021
It was moved by Commissioner Spano, seconded by Commissioner Rog, to approve the
June 7, 2021, EDA meeting minutes as presented.
The motion passed 7-0.
4. Approval of agenda and items on EDA consent calendar - none
5. Reports
5a. Extensions to preliminary development and loan agreements – Sherman
Associates
Ms. Barton presented the report.
Commissioner Kraft asked if there was a reason for the delay. Ms. Barton stated it is
very involved development, along the light rail, park and ride, a federal grant, and with
covid it took longer to get the financing set so the project is delayed .
Commissioner Rog asked for clarification as to what is being approved tonight, noting it
is not related to any project approvals, or TIF requests. Ms. Barton stated that is correct.
It was moved by Commissioner Rog, seconded by Commissioner Mohamed, to adopt
EDA Resolution No. 21-10 approving the third amendment to the preliminary
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Economic Development Authority -2- June 21, 2021
development agreement between the EDA, city, and Sherman Associates and approving
the second amendment to loan agreement relative to the Beltline Station development.
6. Old business - none
7. New business - none
8. Communications - none
9. Adjournment
The meeting adjourned at 6:25 p.m.
______________________________________ ______________________________________
Melissa Kennedy, secretary Tim Brausen, president
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