HomeMy WebLinkAbout2025/01/06 - ADMIN - Minutes - Economic Development Authority - RegularOfficial minutes
EDA meeting
St. Louis Park, Minnesota
Jan. 6, 2025
1. Call to order
President Dumalag called the meeting to order at 6:04 p.m.
a. Roll call
Commissioners present: President Dumalag, Paul Baudhuin, Tim Brausen, Sue Budd, Yolanda
Farris, Nadia Mohamed, Margaret Rog
Commissioners absent: none.
Staff present: City manager (Ms. Keller), deputy city manager (Ms. Walsh), administrative
services director (Ms. Brodeen), community development director (Ms. Barton), interim fire
chief (Mr. Scott), redevelopment administrator (Ms. Monson), deputy city clerk (Ms. Scott-
Lerdal)
2. Approve agenda
It was moved by Commissioner Brausen, seconded by Commissioner Budd, to approve the EDA
agenda as presented.
The motion passed 7-0.
3. Minutes – none.
4. Consent items
a. EDA Resolution No. 25-01 authorizing EDA bank signatories
b. EDA Resolution No. 25-02 authorizing EDA depositories
c. Approve EDA disbursements
d. EDA Resolution No. 25-03 approving sub-grantee agreement between the EDA and
Loffler Crossing for pre-development grant award – Ward 2
It was moved by Commissioner Rog, seconded by Commissioner Baudhuin, to approve the
consent items as listed and to waive reading of all resolutions.
The motion passed 7-0.
5. Public hearings – none.
6. Regular business
a. Election of 2025 Economic Development Authority officers (president, vice president,
treasurer)
Docusign Envelope ID: 258AC7DC-0389-43C3-9DFC-1636512F5CD6
Economic Development Authority -2- Jan. 6, 2025
It was moved by Commissioner Rog, seconded by Commissioner Mohamed, to elect
Commissioner Sue Budd as president, Commissioner Yolanda Farris as vice president, and
Commissioner Paul Baudhuin as treasurer as 2025 Economic Development Authority officers.
The motion passed 7-0.
President Dumalag turned over the meeting to newly elected President Budd, who thanked
President Dumalag for her service this past year.
7. Communications and announcements - none.
8. Adjournment.
The meeting adjourned at 6:09 p.m.
______________________________________ ______________________________________
Melissa Kennedy, EDA secretary Sue Budd, EDA president
Docusign Envelope ID: 258AC7DC-0389-43C3-9DFC-1636512F5CD6