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2022.06.21 Regular Meeting MinutesMinutes of the Economic Development Authority of the City of Crystal Regular Meeting Council Chambers June 21, 2022 Call to Order President Banks called the meeting of the Economic Development Authority of the City of Crystal (EDA) to order at 7:54 p.m. 2. Roll Call Upon call of the roll, the following Commissioners were present: Jim Adams, Brendan Banks, David Cummings, Therese Kiser, Nancy LaRoche and Olga Parsons. Commissioner John Budziszewski arrived at 8:23 p.m. The following staff were present: Executive Director Anne Norris, Deputy Executive Director John Sutter, City Planner Dan Olson and City Attorney Troy Gilchrist. Approval of Minutes Moved by Commissioner Adams (LaRoche) to approve the minutes from the May 17, 2022 regular meeting and June 7, 2022 work session. Motion carried. 4. Consider a resolution supporting tax increment financing assistance for a multi -family housing project at 7000 57th Avenue North. Marty O'Connell of MWF Properties presented information about the proposed development. Staff presented information about the proposed resolution and requested board action. Moved by Commissioner Budziszewski (Kiser) to adopt the resolution supporting tax increment financing assistance for a multi -family housing project at 7000 57th Avenue North. Motion carried 4-3 with Commissioners Banks, Budziszewski, Cummings and Kiser voting aye and Commissioners Adams, LaRoche and Parsons voting no. 5. Property Status Update Staff updated the board on several current and potential projects: ■ 5526 West Broadway (former Pizza Ranch space) - a potential restaurant and on -sale liquor business has signed a lease but no plans have been submitted. Page 1 of 3 ■ 5537 West Broadway (Target) - adding a solar array to the roof. ■ 3501 Douglas Dr (Crystal Suite Living) - expecting to open in August, inviting EDA on a tour some evening TBD in late July. ■ 227 Willow Bend (former Police Dept. Community Outreach Office) - Aqua Coin Laundry is retrofitting the space. ■ 5208 Hanson Ct (former site of Crystal Auto Parts) - a contractor is looking to build an office/warehouse for their business, but no plans have been submitted. ■ 5358 West Broadway (former Burger King) - Hyder Investments, which owns the Crystal McDonald's and ten others around the metro, will renovate the building for their corporate office and employee training center. ■ 3600 Douglas Dr (former Pizza Hut) - a retail user is exploring a purchase of the property but no plans have been submitted. President Banks mentioned that he, Commissioner Adams and Hennepin County Commissioner Lunde would be doing a walking tour of the Bass Lake Road businesses followed by a visit to the Elision Playhouse mural on July 13. 7. Other Business Commissioner LaRoche asked about the condition of commercial buildings in the city and specifically the metal wall panels of the Crystal Gallery Mall. Staff will check into it and start enforcement action if the panels' condition is in violation. Staff will also continue to promote the largely vacant south part of the mall and the vacant Big O Tires building as a potential development site. 8. Adjournment Moved by Commissioner Budziszewski (Kiser) to adjourn the meeting. Motion carried. The meeting adjourned at 8:54 p.m. Page 2 of 3 These minutes of the June 21, 2022 meeting of the Crystal Economic Development Authority were approved by the Authority on September 6, 2022. ATTEST: Nancy La oche, Secretary Page 3 of 3