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HomeMy WebLinkAboutMay 05, 2026 - EDA Minutes WILLA! SHAKOPEE Economic Development Authority City Hall 485 Gorman Street Shakopee, MN, 55379 Tuesday, May 5, 2026 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 agenda, second by Commissioner Contreras and the motion passed. 5 - 0 3) Consent Business 3.a) Approval of EDA Meeting Minutes Commissioner Lehman made a motion to approve consent business, second by Commissioner Contreras and the motion passed. 5 - 0 4) General Business 1/2 4.a) Change Order for Gensler for additional views and expansion of Canterbury study area. Commissioner Contreras made a motion to approve Change Order with Gensler for $55,000 with the costs split 50/50 with Canterbury Development, second by Commissioner Lara and the motion passed. 5 - 0 4.b) PUBLIC HEARING: Gravel Pit TIF 22 Soil Deficiency Commissioner Lara made a motion to open public hearing, second by Commissioner Contreras and the motion passed. 5 - 0 Commissioner Contreras made a motion to close public hearing, second by Commissioner DuLaney and the motion passed. 5 - 0 Commissioner Contreras made a motion to approve Resolution No. E2026-002 rescinding Resolution No. E2024-006 and approving the Tax Increment Financing (Soil Deficiency) Plan for District No. 22 and the Modified Redevelopment Plan for the Minnesota River Valley Housing and Redevelopment Project No. 1, second by Commissioner Lara and the motion passed. 3 - 2 Nays: Commissioner DuLaney, Commissioner Lehman 4.c) Amendment to Interfund Loan for TIF District No. 22 Commissioner Lara made a motion to approve Resolution No. E2026- 003 authorizing the additional interfund loan and increasing the total authorization to $600,000, second by Commissioner Contreras and the motion passed. 4 - 1 Nays: Commissioner Lehman 5) Reports 5.a) EDA Bill List 6) Adjourn to June 2, 2026, at 7:00 pm Commissioner Contreras made a motion to adjourn to June 2, 2026, at 7:00 pm, second by Commissioner Lara and the motion passed. 5 - 0 2/2