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EDA MIN 08-18-2025 Meeting of the Economic Development Authority Held at the Elk River City Hall Monday, August 18, 2025 Members Present: Vice President Jennifer Wagner, Commissioners Cory Grupa, J. Brian Calva, Jeff Hartwig, Mike Beyer, and Charlie Blesener Members Absent: President Matthew Westgaard Staff Present: Economic Development Director Brent O'Neil, Economic Development Specialist Joshua Mollan, and City Clerk Tina Allard 1. CALL MEETING TO ORDER Pursuant to due call and notice thereof, the meeting was called to order at 5:30 p.m. 2. PLEDGE OF ALLEGIANCE The Pledge of Allegiance was recited. 3. CONSIDER AGENDA Moved by Commissioner Mike Beyer and seconded by Commissioner J. Brian Calva to approve the agenda. Motion Carried 6-0. 4. CONSENT AGENDA Moved by Commissioner Cory Grupa and seconded by Commissioner Jeff Hartwig to approve the following consent items as outlined in their respective staff reports. Motion Carried 6-0. 4.1 DRAFT Minutes - July 21, 2025 4.2 Check Register 4.3 Balance Sheet 4.4 Revenue/Expenditure Reports 5. OPEN FORUM No one appeared for open forum. 6. PUBLIC HEARINGS Economic Development Authority Minutes August 18, 2025 --------- Page 2 of 3 There were no public hearings. 7. GENERAL BUSINESS 7.1 2026 Budget Resolution The staff report was presented. Moved by Commissioner J. Brian Calva and seconded by Commissioner Mike Beyer to adopt Resolution 25-01 establishing the tax levy for the Economic Development Authority, adopting the budget for 2026, and recommending $429,850 for inclusion in the 2026 levy. Motion Carried 6-0. 7.2 Committee and General Updates Beautification Committee Mr. Mollan stated they have winners in four of the five beautification award categories, noting there were no nominations for the townhome category. He stated the commercial winner will be brought to the September meeting with the remaining category winners going to the next Housing and Redevelopment Authority meeting. Together Elk River Mr. Mollan provided an update on the Play campaign. Development Minute Mr. Mollan stated three businesses were recently filmed and will be released soon. EDA Loan Mr. O'Neil stated the Twin Cities Metalworks (formally Orluck Industries) loan is on the last payment, which will involve some attorney, interest and late fees. He noted a release of the mortgage will be scheduled for a future meeting. Elk Park Center Mr. O'Neil discussed a call he had with representatives from the Elk Park Center multi-tenant facility regarding the clients they are looking for and informing them of the assistance city staff can offer. Commissioner Blesener suggested the Center sell off a smaller space in the parking lot for a restaurant. Mr. O'Neil noted this was part of the discussion and the Center has indicated they are hoping to fill current vacant space before searching for tenants at a new building. Commissioner Calva suggested that a new restaurant could also help attract tenants. Mr. O'Neil stated staff is looking at creating stronger engagement for manufacturing month in October and they will have more details at a future meeting. 8. MOTION TO ADJOURN Moved by Commissioner J. Brian Calva and seconded by Commissioner Charlie Blesener to adjourn the meeting. Motion Carried 6-0. The meeting adjourned at 5:44 p.m. Economic Development Authority Minutes August 18, 2025 --------- Page 3 of 3 Minutes prepared by City Clerk Tina Allard. _______________ Matt Westgaard, EDA President ___________________ Tina Allard, City Clerk