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HomeMy WebLinkAbout2018/02/05 - ADMIN - Minutes - Economic Development Authority - RegularOfSt. Louis Park OFFICIAL MINUTES MINNESOTA ECONOMIC DEVELOPMENT AUTHORITY ST. LOUIS PARK, MINNESOTA FEBRUARY 5, 2018 1. Call to Order President Hallfin called the meeting to order at 7:20 p.m. Commissioners present: President Steve Hallfin, Tim Brausen, Rachel Harris, Anne Mavity, Thom Miller, Margaret Rog, and Jake Spano. Commissioners absent: None. Staff present: Executive Director (Mr. Harmening), City Attorney (Mr. Mattick), Community Development Director (Ms. Barton), Engineering Director (Ms. Heiser), Operations & Recreation Director (Ms. Walsh), Economic Development Coordinator (Mr. Hunt), Communications Manager (Ms. Larson), Sr. Engineering Project Manager (Mr. Sullivan), Project Engineer (Mr. Wiesen), Transportation Engineer (Mr. Manibog), Fire Chief (Mr. Koering), Environmental and Sustainability Coordinator (Ms. Pine), and Recording Secretary (Ms. Pappas). 2. Roll Call 3. Approval of Minutes 3a. Economic Development Authority Meeting Minutes January 2, 2018 It was moved by Commissioner Mavity, seconded by Commissioner Spano, to approve the EDA minutes as presented. The motion passed 7-0. 4. Approval of Agenda It was moved by Commissioner Mavity, seconded by Commissioner Brausen, to approve the EDA agenda as presented. The motion passed 7-0. 5. Reports 5a. Approval of EDA Disbursements It was moved by Commissioner Spano, seconded by Commissioner Brausen, to approve the EDA Disbursements. The motion passed 7-0. 6. Old Business - None 7. New Business Economic Development Authority -2- February 5, 2018 7a. Preliminary Development Agreement between the EDA, City, and Sherman Development Associates LLC. EDA Resolution No. 18-01 Mr. Hunt presented the staff report. He noted that the council had approved Sherman Associates as the development team for redevelopment of the SWLRT Beltline Boulevard Station Site. He stated that tonight's motion is to approve the Preliminary Development Agreement between the EDA, the city, and Sherman Associates. Mr. Hunt stated that staff recommends adoption of the resolution as presented in the staff report. Commissioner Mavity stated she will recuse herself from the vote as Mr. Sherman serves on the board of her new organization. It was moved by Commissioner Rog, seconded by Commissioner Brausen, to waive the reading and adopt EDA Resolution No. 18-01, approving the Preliminary Development Agreement between the EDA, the City, and Sherman Associates LLC. The motion passed 6-0-1 (Commissioner Mavity abstained) 8. Communications - None 9. Adjournment The meeting adjourned at 7:26 p.m. a Melissa kennedy, Secretary / J Steve Hallfm,