HomeMy WebLinkAboutJune 16, 2020 EDA MinutesShakopee Economic Development Authority
MINUTE S
June 16, 2020
7:00 PM
City Hall, 485 Gorman St.
1. Roll Call
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,
City Engineer/Public Works Director Steve Lillehaug, Parks/Recreation Director Jay
Tobin
Staff Present by Video: City Attorney Jim Thomson, Police Chief Jeff Tate, City Clerk
Lori Hensen
2. Approval of Agenda
Commissioner William Mars made a motion to approve the agenda, seconded by
Commissioner Angelica Contreras and the motion passed.
5-0
3. Consent Business
Commissioner William Mars made a motion to approve the consent agenda, seconded by
Commissioner Jody Brennan and the motion passed.
5-0
3.A. EDA Minutes
Approve the minutes of June 2, 2020. (Motion was carried under consent agenda.)
4. General Business
4.A. Commercial Facade Improvement Loan for Bakery Building
Commissioner William Mars made a motion to approve a forgivable loan request to
the Bittners Bakery in an amount not to exceed $60,000 (50% match, 10% forgiven
each year) subject to the following conditions: two bids must be submitted and
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reviewed; funds are provided on a reimbursable basis; building color to be a cream or
other color approved by staff; existing sign to be restored; awning style to match other
new awnings in downtown; existing stucco to be repaired to match; second story
windows to be two over two style to match historic profile, seconded by
Commissioner Angelica Contreras and the motion passed.
4-1
Nays: Lehman
4.B. Amendment to OPUS Purchase Agreement
Commissioner William Mars made a motion to approve Resolution No. E2020-005 to
amend the Purchase Agreement with OPUS to assign the agreement to Cabot
Industrial Value Fund VI Operating Partnership, L.P., seconded by Commissioner
Jody Brennan and the motion passed.
5-0
4.C. Application to the Economic Development Administration
Commissioner William Mars made a motion to approve Resolution No. E2020-006 to
submit an application for construction funding to the Economic Development
Administration for the Innovation Center to be located on EDA owned property at
First Avenue and Atwood, seconded by Commissioner Jody Brennan and the
motion passed.
5-0
5. Adjourn to Tuesday, July 7, 2020 at 7 p.m.
Commissioner William Mars made a motion to adjourn to July 7, 2020 at 7:00 p.m.,
seconded by Commissioner Jody Brennan and the motion passed5 - 0
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