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HomeMy WebLinkAbout2023/09/18 - ADMIN - Minutes - Economic Development Authority - RegularOfficial minutes EDA meeting St. Louis Park, Minnesota Sept. 18, 2023 1. Call to order. President Mohamed called the meeting to order at 6:22 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), city attorney (Mr. Mattick), finance director (Ms. Cruver), fire chief (Mr. Koering), building and energy director (Mr. Hoffman), public services superintendent/deputy public works director (Ms. Fisher), chief building official (Mr. Skallet), utilities superintendent (Mr. Holm), administrative services director (Ms. Brodeen), city clerk (Ms. Kennedy), deputy city clerk (Ms. Scott-Lerdal), HR director (Ms. Vorpahl), human resources technician (Ms. Lamfers), race, equity and inclusion director (Ms. Guess), engineering director (Ms. Heiser) Guests: members of the public. 2. Approve agenda. It was moved by Commissioner Budd, 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 Sept. 5, 2023 It was moved by Commissioner Rog, seconded by Commissioner Brausen, to approve the EDA meeting minutes of Sept. 5, 2023, as presented. The motion passed 6-0 (Commissioner Spano absent). 4. Consent items. a. Resolution No. 23-20 approving amendment to LCDA loan documents for Rise on 7 – Ward 2. It was moved by Commissioner Dumalag, seconded by Commissioner Budd, to approve the agenda and items on the consent calendar as presented and to waive reading of all resolutions. The motion passed 6-0 (Commissioner Spano absent). Economic Development Authority -2- Sept. 18, 2023 5. Public hearings – none. 6. Regular business. a. Resolutions No. 23-21 and No. 23-22 to adopt 2024 HRA and EDA levies Ms. Cruver presented the report. She noted the policy considerations are: Does the EDA support the proposed overall preliminary levy increase of 7.7% that includes the following components: • HRA levy equal to $1,744,133 • EDA levy equal to $877,000 Ms. Cruver noted levies can go down and is the maximum that can be set for 2024. Commissioner Rog asked if the all-inclusive levy is 7.5% or 7.7%. Ms. Keller stated that the adjustment was made as part of the general fund recommendation. If the need for additional funding does not materialize, this number could go down by .2%. Ms. Keller added that this will be discussed in more detail at the council meeting. Commissioner Rog stated these levy details have been discussed thoroughly over the last few months. She also noted none of these levies are in isolation of each other and will discuss this further at the council meeting and her approval of both. It was moved by Commissioner Brausen, seconded by Commissioner Dumalag, to adopt Resolutions No. 23-21 and 23-22 to adopt 2024 HRA and EDA levies as presented. The motion passed 6-0 (Commissioner Spano absent). 7. Communications and announcements – none. 8. Adjournment. The meeting adjourned at 6:30 p.m. ______________________________________ ______________________________________ Melissa Kennedy, EDA secretary Nadia Mohamed, EDA president