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12-20 EDA Regular ECONOMIC DEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting December 20, 2021 CALL TO ORDER The meeting was called to order by President Supple at 7:41 p.m. via Webex. EDA Members Mary Supple, President; Maria Regan Gonzalez; Erin Vrieze Daniels; Sue Sandahl and Lee Ohnesorge EDA Members Absent None. Staff Present: Melissa Poehlman, Interim Community Development Director; Julie Urban, Housing and Redevelopment Manager; Kelly Wynn, Administrative Assistant and LaTonia DuBois, Administrative Assistant. OPEN FORUM None. APPROVAL OF THE MINUTES M/Regan Gonzalez, S/Sandahl to approve the regular Economic Development Authority meeting minutes of August 16, 2021. Motion carried 5-0 Item #1 APPROVAL OF THE AGENDA M/Sandahl, S/Vrieze Daniels, to approve the agenda. Motion carried 5-0 Item #2 CONSIDERATION OF THE CONSENT CALENDAR Interim Community Development Director Poehlman presented the consent calendar. a. Consideration of the approval of an extension and minor revisions to Transformation Home Loan Accessory Dwelling Unit Pilot Project. EDA Meeting Minutes -2- December 20, 2021 M/Regan Gonzalez, S/Vrieze Daniels to approve the consent calendar. Motion carried 5-0 Item #3 CONSIDERATION OF ITEMS, IF ANY, REMOVED FROM THE CONSENT CALENDAR. None. Item #4 CONSIDERATION OF A RESOLUTION GRANTING A 6-MONTH EXTENSION TO THE REPAYMENT OBLIGATION AND INTEREST ACCRUALS RELATED TO THE COVID-19 SMALL BUSINESS ASSISTANCE FORGIVABLE LOAN (STAFF REPORT NO. 8). Interim Community Development Director Poehlman presented Staff Report No. 8 M/Regan Gonzalez, S/Sandahl to approve a resolution granting a 6-month extension to the repayment obligation and interest accruals related to the COVID-19 Small Business Assistance Forgivable Loan. President Supple expressed excitement to learn that 92% of the loans had already been forgiven. Commissioner Sandahl inquired about the number of loans issued and forgiven. Motion carried 5-0 RESOLUTION NO. 35 RESOLUTION GRANTING AN EXTENSION TO REPAYMENT OBLIGATIONS AND INTEREST ACCRUALS RELATED TO COVID-19 SMALL BUSINESS ASSISTANCE FORGIVABLE LOAN PROGRAM Item #5 CONSIDERATION OF THE DESIGNATION OF MELISSA POEHLMAN AS INTERIM EXECUTIVE DIRECTOR OF THE ECONOMIC DEVELOPMENT AUTHORITY (STAFF REPORT NO. 9). Interim Community Development Director Poehlman presented Staff Report No. 9 M/Regan Gonzalez, S/Sandahl to Designate Melissa Poehlman as the Interim Executive Director of the Economic Development Authority coterminous with her appointment as the Interim Community Development Director, but not to exceed six months. Motion carried 5-0 Item #6 EDA DISCUSSION ITEMS None. EDA Meeting Minutes -3- December 20, 2021 Item #7 EXECUTIVE DIRECTOR REPORT None. Item #8 CLAIMS AND PAYROLLS M/Regan Gonzalez, S/Sandahl that the following claims and payroll be approved: U.S. BANK 9/20/2021 EDA Checks: 20707-20721 $40,065.99 TOTAL $40,065.99 U.S. BANK 10/18/2021 EDA Checks: 20722-20739 $50,172.17 TOTAL $50,172.17 U.S. BANK 11/15/2021 EDA Checks: 20740-20753 $37,563.00 TOTAL $37,563.00 U.S. BANK 12/20/2021 EDA Checks: 20754-20769 $38,246.91 TOTAL $38,246.91 Motion carried 5-0 Item #8 ADJOURNMENT The meeting was adjourned by unanimous consent at 7:54 p.m. Date Approved: January 18, 2022 Mary B. Supple President LaTonia DuBois Melissa Poehlman Administrative Assistant Interim Executive Director