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2025.11.18 Regular Meeting MinutesMinutes of the Economic Development Authority of the City of Crystal Regular Meeting Council Chambers 4141 Douglas Dr. N. November 18, 2025 1. Call to Order President Eidbo called the meeting of the Economic Development Authority of the City of Crystal (EDA) to order at 7:47 p.m. 2. Roll Call Upon call of the roll, the following Commissioners were present: John Budziszewski, David Cummings, Julie Deshler, Forest Eidbo, Traci Kamish, Therese Kiser and Taji Onesirosan. The following staff were present: Executive Director Adam Bell, Deputy Executive Director John Sutter, and City Attorney Siobhan Tolar. 3. Approval of Minutes Moved by Commissioner Deshler (Kamish) to approve the minutes from the September 16, 2025 regular meeting. Motion carried. 4. Consider exercising the reverter clause of the purchase and redevelopment agreement for the property at 4741 Welcome Ave. N. Staff presented information about the terms of the development agreement, described the status of the property. and requested action by the EDA board. Emeka Okeakpu, representing the property owner Gemco Construction, addressed the board. EDA action Moved by Commissioner Budziszewski (Kamish) to authorize exercising the reverter clause of the purchase and redevelopment agreement for the property at 4741 Welcome Avenue North. Motion carried. Page 1 of 3 5. Local Affordable Housing Aid Update Staff presented information about Local Affordable Housing Aid which the city has begun to receive from the state. No EDA action 6. Consider developing a purchase offer for the former Big O Tires at 5500 West Broadway. Staff presented information about the property, including the pros and cons of acquisition, followed by EDA discussion. EDA action Moved by Commissioner Eidbo (Budziszewski) to close the meeting in accordance with M.S. 13D.05 Subd. 3(c)(3) to consider developing an offer to purchase real property at 5500 West Broadway. Motion carried. ***CLOSED SESSION*** 8:42 p.m. to 9:02 p.m. EDA action Moved by Commissioner Eidbo (Onesirosan) to open the meeting. Motion carried. 7. Preview of upcoming EDA items Staff informed the EDA that there are no anticipated EDA items at this time. 8. Property Status Update Staff informed the board that the vacant Walgreen's at 6800 56th Ave. N. is not on the market based on publicly available information. 9. Other Business There was no other business. 10. Adjournment Moved by Commissioner Budziszewski (Kiser) to adjourn the meeting. Motion carried. The meeting adjourned at 9:05 p.m. Page 2 of 3 These minutes of the November 18, 2025 meeting of the Crystal Economic Development Authority were approved by the Authority on December 2, 2025. For st Eidbo, President ATTEST: Traci Kamish, Secretary Page 3 of 3