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2021.09.09 EDA Regular Meeting MinutesMinutes of the Economic Development Authority of the City of Crystal Regular Meeting Council Chambers September 9, 2021 1. Call to Order President Parsons called the meeting of the Economic Development Authority of the City of Crystal (EDA) to order at 6:15 p.m. 2. Roll Call Upon call of the roll, the following members were present: Jim Adams, John Budziszewski, David Cummings, Therese Kiser, Nancy LaRoche and Olga Parsons. The following staff were present: Executive Director Anne Norris and Deputy Executive Director John Sutter. Approval of Minutes Moved by Commissioner Budziszewski and seconded by Commissioner Adams to approve the minutes from the August 17, 2021 regular meeting. Motion carried. 4. Consider a resolution adopting a proposed 2022 EDA budget and HRA property tax levy. Staff presented the proposed 2022 EDA budget and property tax levy, and requested EDA approval of the resolution. Moved by Commissioner LaRoche and seconded by Commissioner Adams to approve the resolution adopting a proposed 2022 EDA budget and HRA property tax levy. Motion carried. Consider authorizing home improvement program changes effective January 1, 2022. Staff presented various options and requested EDA authorization to amend the contract with Center for Energy and Environment. The EDA discussed potential impacts of various options. Moved by Commissioner Adams and seconded by Commissioner LaRoche to authorize the following home improvement program changes: ® Reduce the maximum grant from $10,000 to $8,000 per property per year and increase the minimum project size from $2,000 to $3,000, to be effective Jan. 1, 2022. Page 1 of 3 o Reduce the maximum household income from 110% AMI for all households to 90% AMI for 1-person households and 100% AMI for households of 2 or more people, to be effective Jan. 1, 2022. ® Increase the total program budget through June 30, 2022 from $308,079 to $462,000. • Eliminate the interest subsidy program and redirect funds to the grant program. Motion carried. 6. Other Business There was no other business. 7. Adjournment Moved by Commissioner Budziszewski and seconded by Commissioner Cummings to adjourn the meeting. Motion carried. The meeting adjourned at 6:43 p.m. Page 2 of 3 These minutes of the September 9, 2021 meeting of the Crystal Economic Development Authority were approved by the Authority on December 7, 2021, ATTEST: Therese Kiser, Secretary Brendan Banks, Page 3 of 3