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2023.04.18 Regular Meeting MinutesMinutes of the Economic Development Authority of the City of Crystal Regular Meeting Council Chambers April 18, 2023 Call to Order Vice President Kiser called the meeting of the Economic Development Authority of the City of Crystal (EDA) to order at 7:55 p.m. 2. Roll Call Upon call of the roll, the following Commissioners were present: Jim Adams, John Budziszewski, David Cummings, Forest Eidbo, Tracy Kamish, Therese Kiser and Taji Onesirosan. The following staff were present: Executive Director Adam Bell, Deputy Executive Director John Sutter, City Clerk Chrissy Serres, Police Chief Stephanie Revering and City Attorney Troy Gilchrist. 3. Oath of Office The City Clerk administered the oath of office to Commissioner Onesirosan. 4. Approval of Minutes Moved by Commissioner Adams (Budziszewski) to approve the minutes from the January 3, 2023 annual organizational meeting. Motion carried. 5. Consider a resolution approving a Tax Increment Financing Assistance Agreement, authorizing the issuance of a Tax Increment Revenue Note, and taking other actions in connection with a development project located at 5240 West Broadway. Staff presented the agreement and requested board adoption of the resolution. Moved by Commissioner Budziszewski (Cummings) to adopt the resolution approving a Tax Increment Financing Assistance Agreement, authorizing the issuance of a Tax Increment Revenue Note, and taking other actions in connection with a development project located at 5240 West Broadway. Motion carried 6-1 with Commissioners Page 1 of 3 Onesirosan, Budziszewski, Cummings, Eidbo, Kamish and Kiser voting aye and Commissioner Adams voting nay. 6. Receive the 2022 EDA Annual Report Staff presented the 2022 Annual Report. No EDA action required. 7. Consider approval of 2023 EDA Work Plan Staff presented the 2023 Work Plan and requested board approval. Moved by Commissioner Adams (Budziszewski) to approve the 2023 Work Plan. Motion carried. 8. Discuss 2024 Work Plan Staff presented different work plan scope options for EDA discussion and feedback. 9. Property Status Update Staff updated the board on the following: 3600 Douglas Drive (former Pizza Hut) - Wine Thief and Ale Jail * 5500 West Broadway (former Big O Tires) Bass Lake Road Station Area Plan Update 10. Other Business There was no other business. 11. Adjournment Moved by Commissioner Budziszewski (Cummings) to adjourn the meeting. Motion carried. The meeting adjourned at 8:44 p.m. Page 2 of 3 These minutes of the April 18, 2023 meeting ofthe Crystal Economic Development Authority were approved by the Authority on �i , 20 Z-3 ATTEST: idbo, Secretary Therese Kiser, President Page 3 of 3