HomeMy WebLinkAbout.1 AGENDA
AGENDA
CITY OF COTTAGE GROVE
Special Meeting of the
Economic Development Authority
Jun 2, 2020, 7:30 A.M.
VIRTUAL MEETING
(https://cottagegrovemn.zoom.us/j/94160546792)
1. Call to Order
2. Roll Call
3. Approval of Minutes
4. Business Items
4.1 Award Small Business Assistance Emergency Program Grants
Authorize approval of nine (9) Small Business Emergency Assistance Grants each for
$10,000 to All About Nails, Belissimo Salon and Spa, Mathnaisum of Cottage Grove,
Dance by Kris, Historic John P. Furber Farm, The Healing Place of Cottage Grove, New
Century Salon and Turbo Nails totaling $90,000.
Authorize approval of revising three of the six eligibility guidelines to allow businesses to
apply if they have been in business for one year instead of two, have between 3 and 70
full-time employees and make $3.5 million or less in annual gross revenue and provide a
brief report to the EDA no later than November 1, 2020 on how the grant was used for
eligible expenses.
4.2 Amendment to Contract for Private Development and Subordination Agreement
between the Cottage Grove Economic Development Authority and 80th &
Hemingway LLC.
5. Public Hearings
6. Other Business
6.1 EDA Calendar
6.2 EDA Comments
6.3 Response to Previous EDA Comments
7. Workshop
8. Adjournment
The next EDA Meeting will be held on Tuesday, June 9 at 7:30 AM