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HomeMy WebLinkAbout2022/01/03 - ADMIN - Minutes - Economic Development Authority - Regular Official minutes EDA meeting St. Louis Park, Minnesota Jan. 3, 2022 1. Call to order President Brausen called the meeting to order at 7:43 p.m. 2. Roll call Commissioners present: President Brausen, Sue Budd, Lynette Dumalag, Larry Kraft, Nadia Mohamed, Margaret Rog, and Jake Spano Commissioners absent: none Staff present: Interim Deputy City Manager/Park and Recreation Director (Ms. Walsh), EDA Executive Director/Community Development Director (Ms. Barton), City Attorney (Mr. Mattick), Planning Manager (Mr. Walther), Communications Manager (Ms. Smith) 3. Approval of minutes - none 4. Approval of agenda and items on EDA consent calendar 4a. Approval of EDA disbursements It was moved by Commissioner Kraft, seconded by Commissioner Dumalag, to approve the EDA disbursements as presented for the period of Nov. 27 – Dec. 23, 2021. The motion passed 7-0. 5. Reports - none 6. Old business - none 7. New business 7a. Electing 2022 Economic Development Authority officers It was moved by Commissioner Spano, seconded by Commissioner Dumalag, to elect Commissioner Rog as President, Commissioner Mohamed as Vice-President, and Commissioner Kraft as Treasurer to the Economic Development Authority for the 2022 term. The motion passed 7-0. DocuSign Envelope ID: 0BCEDAED-A73B-4521-B907-07C7A8381EE7 Economic Development Authority -2- Jan. 3, 2022 Commissioner Rog assumed the role of president and presided over the remainder of the EDA meeting. 7b. Sub-Grantee Agreement between the EDA and CommonBond for Rise on 7. EDA Resolution No 22-01 Ms. Grove presented the report. Commissioner Spano confirmed there is no financial obligations for the EDA with this agreement. Ms. Grove stated that is correct and the EDA serves only as a pass thru. Commissioner Budd expressed her excitement about this project and the daycare included within it, adding she is supportive. It was moved by Commissioner Mohamed, seconded by Commissioner Kraft, to adopt EDA Resolution No. 22-01 approving a Sub-Grantee Agreement between the EDA and CommonBond. The motion passed 7-0. 8. Communications Commissioner Brausen stated, on behalf of the EDA, Happy New Year to all constituents. 9. Adjournment The meeting adjourned at 7:53 p.m. ______________________________________ ______________________________________ Melissa Kennedy, secretary Margaret Rog, president DocuSign Envelope ID: 0BCEDAED-A73B-4521-B907-07C7A8381EE7