HomeMy WebLinkAboutJune 02, 2020 EDA MinutesShakopee Economic Development Authority
MINUTES
June 2, 2020
7:00 PM
City Hall, 485 Gorman St.
1. Roll Ca11
Present: President Jay Whiting, Commissioner Bill Mars
Present by Video: Commissioners Jody Brennan, Matt Lehman, Angelica Contreras
Staff Present:City Administrator Bill Reynolds, Assistant City Administrator Nate
Burkett, Finance Director Nate Reinhardt, Planning/Development Director, Michael
Kerski, Police Chief Jeff Tate, Senior Planner Kyle Sobota
Staff Present by Video:City Attorney Jim Thomson, City Engineer/Public Works Director
Steve Lillehaug, City Clerk Lori Hensen
2. Approval of Agenda
Commissioner William Mars made a motion to approve the agenda, seconded by
Commissioner Jody Brennan and the motion passed.
5-0
3. Consent Business
Commissioner William Mars made a motion to approve the consent agenda, seconded by
Commissioner Angelica Contreras and the motion passed.
5-0
3.A. EDA Minutes
Approve the meeting minutes of May 5, 2020. (Motion was carried under consent
agenda.)
4. General Business
4.A. Amendment to Tax Increment Pledge Agreement for TIF District No. 18
Commissioner Angelica Contreras made a motion to adopt Resolution No. E2020-
004, authorizing execution of a first amendment to tax increment pledge agreement
with the City of Shakopee relating to General Obligation Tax Increment Revenue
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Bonds, Series 2020A, to be issued in the original aggregate principal amount of
$8,165,000, seconded by Commissioner Jody Brennan and the motion passed.
4-1
Nays: Lehman
5. Reports
5.A. EDA Bill List
6. Adjourn to June 16, 2020 at 7 p.m.
Commissioner Jody Brennan made a motion to adjourn to June 16, 2020 at 7:00 p.m.,
seconded by Commissioner Angelica Contreras and the motion passed5 - 0
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