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2022.05.17 Regular Meeting MinutesMinutes of the Economic Development Authority of the City of Crystal Regular Meeting Council Chambers May 17, 2022 Call to Order President Banks called the meeting of the Economic Development Authority of the City of Crystal (EDA) to order at 7:33 p.m. ?. Roll Call Upon call of the roll, the following Commissioners were present: Jim Adams, Brendan Banks, John Budziszewski, David Cummings, Therese Kiser and Olga Parsons. The following staff were present: Executive Director Anne Norris, Deputy Executive Director John Sutter, City Planner Dan Olson and City Attorney Troy Gilchrist. 3. Approval of Minutes Moved by Commissioner Budziszewski (Kiser) to approve the minutes from the April 51, 2022 regular meeting. Motion carried. 4. Review proposals and consider selection of a developer for EDA property at 4824 56th Ave. N. Staff presented the two proposals received.. acknowledged the presence of developer representatives (if applicable), and requested board action to select a developer. Glenn Hammer of Great Buy Homes addressed and answered questions from the board. Moved by Commissioner Adams (Cummings) to select Great Buy Homes as the developer for EDA property at 4824 56"' Ave. N. Motion carried. 5. Review proposals and consider selection of a developer for EDA property at 3401-3415 Douglas Dr. N. Staff presented the proposal received and requested board action to select a developer. Page 1 of 3 Moved by Commissioner Adams (Budziszewski) to select Hampton Companies as the developer for EDA property at 3401-3415 Douglas Dr. N. Motion carried. 6. Property Status Update Staff updated the board on several current and potential projects: * 6105 42nd Ave. N. - Elision Playhouse mural 3600 Douglas Dr. N. - still on the market, retail user looking to purchase ■ 5358 West Broadway - vacant Burger King - sold, new owner will convert to office * 5730 Bottineau Blvd. - Crystal Vision Clinic under construction 6014 Lakeland Ave. N. - Rostamo's to be demolished, Odam Medical Clinic to start construction this summer 0 5240 West Broadway - Sand Companies 58 unit, 4 story apartment building - zoning and TIF applications expected in July for Planning Commission, City Council and FDA meetings in August ff 7000 57°i Ave. N. - office building for sale - developer considering an apartment building on the site, will be presented for discussion at June 7 work session West Broadway / Douglas Drive intersection reconstruction - awaiting regional funding decision later this year, construction anticipated 2026-2027 if funded Other Business There was no other business. Adjournment Moved by Commissioner Budziszewski (Kiser) to adjourn the meeting. Motion carried. The meeting adjourned at 8:16 p.m. Page 2 of 3 These minutes of the May 17. 2022 mectin , of the CrVNtal Economic Development Authority were approved by the Authority on-JI r, 20 2-Z ATTEST; Nancy LaRoche, Secretary Brendan Bs, President Page 3 of 3