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12-21 EDA Regular ECONOMIC DEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota December 21, 2020 CALL TO ORDER The meeting was called to order by President Supple at 7:15 p.m. via Webex. EDA Members Mary Supple, President; Maria Regan Gonzalez; and Pat Elliott. Present: EDA Members Sue Sandahl; and Erin Vrieze Daniels. Absent: Staff Present: John Stark, Executive Director; Melissa Poehlman, Assistant Community Development Director; and LaTonia DuBois, Administrative Assistant. OPEN FORUM No Callers. APPROVAL OF MINUTES M/Regan Gonzalez, S/Elliott to approve the minutes of the regular Economic Development Authority meeting of October 19, 2020 Motion carried 3-0 Item #1 APPROVAL OF THE AGENDA M/Elliott, S/Regan Gonzalez to approve the agenda. Motion carried 3-0 Item #2 CONSIDERATION OF A RESOLUTION IMPLEMENTING A DISPLACED BUSINESS GRANT. (S.R. NO. 18) Executive Director Stark presented Staff Report No. 18. Commissioner Regan Gonzalez thanked staff for their work on the Displaced Business Grant and spoke of the assistance it will provide to small business within the City. EDA Meeting Minutes -2- December 21, 2020 Executive Director Stark spoke of appreciation for the relationship with Community Development staff and Housing and Redevelopment Authority Commissioners and mentioned that surrounding cities do not have a similar program in place as of yet. President Supple spoke of appreciation for passing this information along to small businesses located within the Lynk 65 re-development area. RESOLUTION NO. 28 IMPLEMENTING A DISPLACED BUSINESS GRANT PROGRAM Motion carried 3-0 Item #3 EDA DISCUSSION ITEMS None. Item #4 REPORT Executive Director Stark spoke of the difficulties during the year with the ongoing pandemic and thanked President Supple and Commissioners for their support for Community Development staff and efforts to find ways to help the community. Item #5 CLAIMS M/Regan Gonzalez, S/Elliott that the following claims be approved: U.S. BANK 11/16/2020 EDA Checks: 20517-20554 $112,055.00 $112.055.00 TOTAL U.S. BANK 12/21/2020 EDA Checks: 20555-20576 $60,047.50 $60,047.50 TOTAL Motion carried 3-0 Item #6 ADJOURNMENT The meeting was adjourned by unanimous consent at 7:30 p.m. Date Approved: January 19, 2021 Mary B. Supple President LaTonia DuBois John Stark Administrative Assistant Executive Director