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HomeMy WebLinkAbout2022/11/07 - ADMIN - Minutes - Economic Development Authority - Regular Official minutes EDA meeting St. Louis Park, Minnesota Nov. 7, 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, Larry Kraft, Nadia Mohamed, and Jake Spano (arrived 6:23 p.m.) Commissioners absent: none Staff present: Executive Director (Ms. Keller), City Attorney (Mr. Shepherd), Communications and Technology Director (Ms. Smith) 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 Spano absent). 3. Approval of agenda and items on consent calendar 3a. Accept for fling EDA disbursements claims for the period of Sept. 24 – Oct. 28, 2022 3b. Adopt EDA Resolution approving a loan and grant to St. Louis Park AHI, LLLP; and authorizing the execution of documents in connection to the loan and grant for Arbor House affordable multifamily housing development 3c. Approve an estoppel certificate for 1601 Utica Ave. S. It was moved by Commissioner Brausen, seconded by Commissioner Dumalag, to approve the consent agenda as presented. The motion passed 7-0. 4. Approval of EDA minutes 4a. EDA meeting minutes of Oct. 3, 2022 It was moved by Commissioner Kraft, seconded by Commissioner Spano, to approve the EDA meeting minutes of Oct. 3, 2022, as presented. DocuSign Envelope ID: 1253F444-E54D-482F-8DF9-F7D6FAE35426 Economic Development Authority -2- Nov. 7, 2022 The motion passed 7-0. 5. Unfinished business - none 6. New business - none 7. Communications – none 8. Adjournment The meeting adjourned at 6:25 p.m. ______________________________________ ______________________________________ Melissa Kennedy, secretary Nadia Mohamed, president DocuSign Envelope ID: 1253F444-E54D-482F-8DF9-F7D6FAE35426