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2021.06.01 EDA Regular Meeting MinutesMinutes of the Economic Development Authority of the City of Crystal Regular Meeting Council Chambers June 1, 2021 1. Call to Order President Parsons called the meeting of the Economic Development Authority of the City of Crystal (EDA) to order at 7:58 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 Attorney Troy Gilchrist. 3. Approval of Minutes Moved by Commissioner LaRoche (Adams) to approve the minutes from the May 18, 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 • Staff reported that the builder has not yet completed their detailed plans for EDA consideration. Staff requested that the EDA open the hearing, take any comment, and then continue the hearing and consideration of the resolution to June 15, 2021. President Parsons opened the hearing. No persons appeared. Moved by Commissioner Adams (LaRoche) to continue to June 15, 2021 the 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. Motion carried. 5. Consideration of a Resolution authorizing an application to the Hennepin County Corridor Planning program for Douglas Drive and West Broadway Staff presented the purpose of the proposed grant application and requested EDA adoption of the resolution. Moved by Commissioner Adams (Budziszewski) to adopt the resolution authorizing an application to the Hennepin County Corridor Planning program for Douglas Drive and West Broadway. Motion carried. Page 1 of 3 • 6. Potential Tax Increment Financing request for Sand Companies development at 5240 West Broadway Staff presented information about the potential TIT district and requested EDA discussion in advance of a potential action item on June 15. Megan Carr from Sand Companies and Stacie Kvilvang from Ehlers were present to answer questions from the board. Because this was a discussion item, no EDA action was necessary. 7. Other Business Staff provided an update on construction activity and new business openings. 8. Adjournment Moved by Commissioner Banks (Budziszewski) to adjourn the meeting. Motion carried. The meeting adjourned at 8:37 p.m. Page 2 of 3 These minutes of the June 1, 2021 meeting of the Crystal Economic Development Authority were approved by the Authority on c74%�l�, 20 . ATTEST: , �jl'— Therese Kiser, Secretary • C/ Olga sons, President Page 3 of 3