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HomeMy WebLinkAbout080824 EDA MINUTESECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley Dakota County, Minnesota August 8, 2024 Minutes of the Special Meeting of the Economic Development Authority of Apple Valley, Dakota County, Minnesota, held August 8, 2024, at 3:30 p.m., at Apple Valley Municipal Center. PRESENT: President Tom Melander, Commissioners Clint Hooppaw, Tom Goodwin, John Bergman, Ruth Grendahl, Ken Johnson, and Jodi Kurtz ABSENT: None City staff members present: City Administrator Tom Lawell, Community Development Director Tim Benetti, Finance Director Ron Hedberg, City Planner Kathy Bodmer, Planner/Economic Development Specialist Alex Sharpe, Associate Planner Sydnee Stroeing, City Attorney Sharon Hills, and Department Assistant Breanna Vincent APPROVAL OF AGENDA President Melander asked staff if there were any changes to the agenda. – None. MOTION: of Hooppaw, seconded by Bergman, approving the agenda. Ayes – 7 - Nays - 0. CONSENT AGENDA None REGULAR AGENDA A. EDA-Owned Property – The Gaslight Site – 15584 Gaslight Drive Interviews Blaine Barker and Patrick Ostrom of Real Estate Equities provided a brief presentation. Commissioners asked questions related to City financial assistance, screening of tenants, and past projects that have been completed. Commissioners expressed a want for more creative design. Mr. Barker and Mr. Ostrom discussed funding of the project including outside investors and CRA credits. Marty O’Connell of MWF provided the next presentation.