HomeMy WebLinkAbout2022/08/15 - ADMIN - Minutes - Economic Development Authority - Regular Official minutes
EDA meeting
St. Louis Park, Minnesota
Aug. 15, 2022
1. Call to order
President Rog called the meeting to order at 6:20 p.m.
1a. Roll call
Commissioners present: President Rog, Tim Brausen, Sue Budd, Lynette Dumalag, Nadia
Mohamed, and Jake Spano
Commissioners absent: Larry Kraft
Staff present: City Manager (Ms. Keller)
2. Approval of agenda
It was moved by Commissioner Brausen, seconded by Commissioner Mohamed to approve the
EDA agenda as presented.
The motion passed 6-0 (Commissioner Kraft absent).
3. Approval of agenda and items on consent calendar
3a. Adopt EDA Resolution No. 22-36 authorizing an internal loan for the
advancement of funds in connection with housing improvements within the
Bridgewalk Condominium Homeowners’ Association Housing Improvement Area
(HIA).
3b. Adopt EDA Resolution No. 22-37 approving a Collateral Assignment of Tax
Increment Note and Redevelopment agreement in connection with Contract for
Private Redevelopment with Beltline Residences, LLC for the Beltline Residences
multifamily housing development.
It was moved by Commissioner Brausen, seconded by Commissioner Mohamed, to
approve the agenda as presented and items listed on the consent calendar; and to waive
reading of all resolutions.
The motion passed 6-0 (Commissioner Kraft absent).
4. Approval of EDA minutes – none
5. Unfinished business – none
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Economic Development Authority -2- Aug. 15, 2022
6. New business – none
7. Communications – none
8. Adjournment
The meeting adjourned at 6:25 p.m.
______________________________________ ______________________________________
Melissa Kennedy, secretary Margaret Rog, president
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