HomeMy WebLinkAbout2021/08/02 - ADMIN - Minutes - Economic Development Authority - Regular Official minutes
EDA meeting
St. Louis Park, Minnesota
Aug. 2, 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,
Margaret Rog
Commissioners absent: Jake Spano, Nadia Mohamed
Staff present: Attorney (Mr. Mattick), Interim City Manager (Ms. Walsh), Community
Development Director/EDA executive director (Ms. Barton)
3. Approval of minutes
3a. EDA meeting minutes of June 21, 2021
It was moved by Commissioner Rog, seconded by Commissioner Kraft, to approve the
June 21, 2021, meeting minutes as presented.
The motion passed 5-0 (Commissioners Spano and Mohamed absent).
4. Approval of agenda and items on EDA consent calendar
4a. Accept for filing EDA disbursement claims for the period of June 26 through July
23, 2021.
4b. Adopt EDA Resolution No. 21-13 authorizing an interfund loan to prepay the
Bridgewater Bank TIF Note to the benefit of the Development Fund.
4c. Adopt EDA Resolution No. 21-14 approving a Collateral Assignment in
connection with the Contract for Private Redevelopment with Texa Tonka
Apartments, LLC for the Texa Tonka multifamily housing development.
It was moved by Commissioner Dumalag, seconded by Commissioner Rog, to approve
the EDA agenda as presented and the items on the consent calendar.
The motion passed 5-0 (Commissioners Spano and Mohamed absent).
5. Reports - none
6. Old business - none
DocuSign Envelope ID: B92D92C8-6420-458A-92BD-CCB73CC6D1B1
Economic development authority -2- Aug. 2, 2021
7. New business - none
8. Communications – none
9. Adjournment
The meeting adjourned at 6:24 p.m.
______________________________________ ______________________________________
Melissa Kennedy, secretary Tim Brausen, president
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