HomeMy WebLinkAboutAugust 07, 2019 EDA MinutesShakopee Economic Development Authority
MINUTE S
August 7, 2019
7:00 PM
City Hall 485 Gorman St.
1. Roll Ca11
Present: President Jay Whiting, Commissioners Matt Lehman, Jody Brennan, William
Mars, Angelica Contreras
Staff Present: City Administrator Bill Reynolds, Assistant City Administrator Nate
Burkett, Planning/Development Director Michael Kerski, Finance Director Darin Nelson,
Deputy City Clerk Heidi Emerson
2. Approval of Agenda
Commissioner Matt Lehman made a motion to approve the agenda, seconded by
Commissioner William Mars and the motion passed.
5-0
3. Consent Business
3.A. EDA Minutes
Commissioner Matt Lehman made a motion to approve the minutes of July 2 and July
16, 2019, seconded by Commissioner Angelica Contreras and the motion passed.
5-0
4. General Business
4.A. Modification of TIF 19 Contract for Private Development for Riverfront Bluff
Redevelopment
Commissioner Jody Brennan made a motion to approve Resolution No. E2019-012 to
modify the Contract for Private Development for TIF No. 19 for the Riverfront
Redevelopment to now include three additional parcels including acquisition costs for
those properties, creating a project that includes the entire block, seconded by
Commissioner William Mars and the motion passed.
4-1
4.B. Interfund Loan Resolution for Short Term Loan to the EDA to fund Property
Acquisitions
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Commissioner Jody Brennan made a motion to approve Resolution No. E2019-011
approving an Interfund Loan to advance costs associated with the acquisition and
relocation costs for two properties in the Riverfront Bluff Redevelopment, TIF
District No. 19, seconded by Commissioner Angelica Contreras and the
motion passed.
4-1
4.C. Purchase of 116 Atwood Street
Commissioner Angelica Contreras made a motion to approve Resolution No. ,E2019-
009 Authorizing the Purchase of property located at 116 Atwood Street for the
amount of $200,000 and $25,000 in relocation payment, seconded by Commissioner
Jody Brennan and the motion passed.
4-1
4.D. Facade Improvement Loan
Commissioner William Mars made a motion to approve a Facade Improvement Loan
request from 205 Lewis Street in the amount of up to $28,650.00 for allowable
expenses under the program, seconded by Commissioner Matt Lehman and the
motion passed.
5-0
5. Reports
5.A. EDA Bill List
6. Adjourn to Sept. 3, 2019 at 7 p.m.
Commissioner Matt Lehman made a motion to adjourn to September 3, 2019, seconded by
Commissioner Angelica Contreras and the motion passed5 - 0
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