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HomeMy WebLinkAbout2023/09/05 - ADMIN - Minutes - Economic Development Authority - Regular Official minutes EDA meeting St. Louis Park, Minnesota Sept 5, 2023 1. Call to order. President Mohamed called the meeting to order at 6:24 p.m. a. Roll call. Commissioners present: President Nadia Mohamed, Tim Brausen, Sue Budd, Lynette Dumalag, Yolanda Farris, Margaret Rog Commissioners absent: Jake Spano Staff present: City manager (Ms. Keller), deputy city manager (Ms. Walsh), economic development manager (Mr. Hunt), finance director (Ms. Cruver), executive director/community development director (Ms. Barton), housing supervisor (Ms. Olson), city attorney (Mr. Mattick), planning manager (Mr. Walther), communications and technology director (Ms. Smith) 2. Approve agenda. It was moved by Commissioner Brausen, seconded by Commissioner Rog, to approve the EDA agenda as presented. The motion passed 6-0 (Commissioner Spano absent). 3. Minutes. a. EDA meeting minutes of Aug 21, 2023 It was moved by Commissioner Rog, seconded by Commissioner Brausen, to approve the EDA meeting minutes of Aug. 21, 2023, as presented. The motion passed 6-0 (Commissioner Spano absent). 4. Consent items. a. Resolution no. 23-19 approving third amendment to affordable housing redevelopment contract and related documents with Beltline Station LLC – Ward 1 b. Approve EDA disbursements for period ending August 25, 2023 DocuSign Envelope ID: 75FD6F35-7A02-4074-B56D-86A92539049A Economic Development Authority -2- Sept. 5, 2023 Commissioner Brausen noted the first resolution was required related to technical adjustments by the lender related to the Beltline Station project. He added the $90,000 EDA disbursements looks like money well spent. Commissioner Rog thanked Commissioner Brausen for his comments and added there are no significant changes to the Beltline project with approval of this resolution. It was moved by Commissioner Budd, seconded by Commissioner Farris, to approve the consent items as presented. The motion passed 6-0 (Commissioner Spano absent). 5. Public hearings – none. 6. Regular business – none. 7. Communications and announcements – none. 8. Adjournment. The meeting adjourned at 6:28 p.m. ______________________________________ ______________________________________ Melissa Kennedy, EDA secretary Nadia Mohamed, EDA president DocuSign Envelope ID: 75FD6F35-7A02-4074-B56D-86A92539049A