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HomeMy WebLinkAbout2016-05-18 Approved Minutes CITY OF COTTAGE GROVE E CONOMIC D EVELOPMENT A UTHORITY MINUTES th May 18, 2016 Pursuant to due call and notice thereof, a special meeting of the Economic Development Authority was held at Cottage Grove City Hall 12800 Ravine Parkway South Cottage Grove, Minnesota 55016 on the 18th day of May, 2016. CALL TO ORDER The meeting was called to order at 6:30 p.m. by EDA President Bailey. ROLL CALL Members Present: Myron Bailey, EDA President Trent Cole, EDA Member Steve Dennis, EDA Vice President Tony Jurgens, EDA Treasurer Ramona Westerberg, EDA Member Members Absent: James Celkis, EDA Member Eric Thiewes, EDA Member Staff Present: Charlene Stevens, EDA Executive Director Jennifer Levitt, Community Development Director/City Engineer Christine Costello, Economic Development Director Robin Roland, Finance Director Kori Land, City Attorney APPROVAL OF MINUTES 3.1None BUSINESS ITEMS 4.1 Consideration of an amendment to the Development and Purchase Agreement for Gardenworld Economic Development Director Costello stated the City had received a request to extend Gardenworlds st development and purchase agreement to on or before July 1, 2016 due to some finance issues they are having. EDA Member Jurgens inquired what the previous date of the purchase and development agreement. th Economic Development Director Costello stated that the previous date was May 11, 2016. EDA Economic Development Authority – Minutes May 10, 2016 Page 2 of 2 thth President Bailey stated that the previous dates of May 11 and 18 had passed, so the amendment would be needed. No further comments. EDA Member Jurgens made a motion to approve the third amendment to the purchase agreement and the resolution amending the development agreement. EDA Member Westerberg seconded. Motion passed unanimously (5-to-0 vote). PUBLIC HEARING None OTHER BUSINESS 6.1 Calendar None 6.2 EDA Comments None 6.3 Response to Previous EDA Comments None AJOURN EDA Vice President Dennis made a motion to adjourn. EDA Member Cole seconded. The meeting adjourned at 6:34 p.m. (5-to-0 vote). Respectfully Submitted, Matt Wolf Economic Development Assistant