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2021.06.15 EDA Regular Meeting MinutesMinutes of the Economic Development Authority of the City of Crystal Regular Meeting Council Chambers June 15, 2021 Call to Order President Parsons called the meeting of the Economic Development Authority of the City of Crystal (EDA) to order at 9:15 p.m. 2. Roll Call Upon call of the roll, the following members were present: Jim Adams, Brendan Banks, John Budziszewski, David Cummings, Nancy LaRoche and Olga Parsons. The following staff were present: Executive Director Anne Norris, Deputy Executive Director John Sutter and City Planner Dan Olson. 3. Approval of Minutes Moved by Commissioner Adams and seconded by Commissioner LaRoche to approve the minutes from the June 1, 2021 regular meeting. Motion carried. 4. Public hearing and consideration of a resolution authorizing the sale of an EDA lot at 4741 Welcome Ave. N. for construction of a 4-unit residential building (item continued from June 1, 2021 meeting) Staff presented the plans from the builder (Gernco Construction) for EDA consideration. President Parsons resumed the hearing. Mary Soukup (4736 Xenia Ave. N.) asked questions about the proposed building and expressed concern about alley traffic. No other persons appeared. President Parsons closed the hearing. Moved by Commissioner Banks and seconded by Commissioner Adams to adopt the resolution authorizing the sale of an EDA lot at 4741 Welcome Ave. N. for construction of a 4-unit residential building. Motion carried. Public hearing and consideration of a resolution authorizing the sale of an EDA lot at 3556 Major Ave. N. for construction of a single family home Staff presented the plans from the builder (Great Buy Homes) for EDA consideration. President Parsons opened the hearing. Page 1 of 3 Glenn Hammer representing Great Buy Homes answered questions from the board. No other persons appeared. President Parsons closed the hearing. Moved by Commissioner LaRoche and seconded by Commissioner Adams to adopt the resolution authorizing the sale of an EDA lot at 3556 Major Ave. N. for construction of a single family home. Motion carried. 6. Consideration of a motion to authorize a drainage and utility easement on the west 10 feet, north 5 feet and east 5 feet of 3556 Major Ave. N. Staff presented information about the proposed easement. Moved by Commissioner LaRoche and seconded by Commissioner Banks to authorize a drainage and utility easement on the west 10 feet, north 5 feet and east 5 feet of 3556 Major Ave. N. Motion carried. 7. Consideration of a resolution supporting Tax Increment Financing for a multi -family housing project at 5240 West Broadway Staff presented information about the proposed development project and tax increment financing request. Megan Carr from Sand Companies (the developer) was present to answer questions from the board. Moved by Commissioner Budziszewski and seconded by Commissioner Cummings to adopt the resolution supporting Tax Increment Financing not to exceed $795,000 for a multi -family housing project at 5240 West Broadway. Motion failed 3-4 with Banks, Budziszewski and Cummings voting aye and Adams, Kiser, LaRoche and Parsons voting nay. Moved by Commissioner LaRoche and seconded by Commissioner Banks to adopt the resolution supporting Tax Increment Financing not to exceed $550,000 for a multi -family housing project at 5240 West Broadway. Motion passed 4-3 with Banks, Budziszewski, Cummings and LaRoche voting aye and Adams, Kiser and Parsons voting nay. 8. Other Business Staff provided an update on Bella's Shoppe at 36th Ave. N. and Douglas Drive. 9. Adjournment Moved by Commissioner Budziszewski (LaRoche) to adjourn the meeting. Motion carried. The meeting adjourned at 9:57 p.m. Page 2 of 3 These minutes of the June 15, 2021 meeting of the Crystal Economic Development Authority were approved by the Authority on '-7 , 20. Olga PaIns, President ATTEST: 4 W v Ther se Kiser, Secretary Page 3 of 3