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HomeMy WebLinkAboutDecember 02, 2025 - EDA MinutresSHAKOPEE Economic Development Authority City Hall 485 Gorman Street Shakopee, MN, 55379 Tuesday, December 2, 2025 7:00 p.m. Vision: Shakopee is a place where people want to be! A distinctive river town, with a multitude of business, cultural and recreational opportunities in a safe, welcoming, and attractive environment for residents and visitors. Mission: Our mission is to deliver high quality services essential to maintaining a safe and sustainable community. We commit to doing this cost-effectively, with integrity and transparency. 1 Roll Call PRESENT: President Whiting, Commissioner DuLaney, Commissioner Lara, Commissioner Contreras, and Commissioner Lehman ABSENT: None. ALSO PRESENT: None. 2) Approval of Agenda Commissioner Lehman made a motion to approve of agenda, second by Commissioner Contreras and the motion passed. 5 - 0 3) Consent Business 3.a) Approval of EDA Meeting Minutes Commissioner Lara made a motion to approve the consent business, second by Commissioner DuLaney and the motion passed. 5 - 0 4) General Business 1/2 4.a) Approval of Transfer of Guarantee and Contract for Private Development from DECO Shakopee, LLC to LOUMIN HOLDINGS DECO LLC. Commissioner Contreras made a motion to approve Resolution E2025- 005 Approving the Assignment and Assumption of the Contract for Private Development and Transfer of Redevelopment Property from DECO Properties, LLC to LOUMIN HOLDING DECO LLC, second by Commissioner Lara and the motion passed. 5 - 0 5) Reports 5.a) EDA Bill List 6) Adjourn to January 6, 2026, at 7:00 pm Commissioner Lara made a motion to adjourn to January 6, 2026, at 7:00 pm, second by Commissioner Contreras and the motion passed. 5 - 0 2/2