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Home My WebLink About01-26-26 - EDA Agenda Packet CITY COUNCIL AGENDA Monday, January 26, 2026 EDA MEETING, IMMEDIATELY FOLLOWING REGULAR CITY COUNCIL MEETING, COUNCIL CHAMBERS (NOT TELEVISED) President Lyden, Vice President Ruhland, Members Rafferty, Rennaker and Nelson 1.Call to Order and Roll Call 2.Approval of February 10, 2025 EDA Meeting Minutes 3.Consideration of 2026 Annual Appointments, Michael Grochala 4.2025 Annual Report, Michael Grochala 5.Notices and Communications ADJOURNMENT CITY OF LINO LAKES ECONOMIC DEVELOPMENT AUTHORITY MEETINGMINUTES DATE:February10, 2025 TIME STARTED:7:11PM TIME ENDED:7:17PM EDA MEMBERS PRESENT: President Stoesz, Vice President Lyden, Treasurer Ruhland, EDA Member Rafferty andCavegn STAFF PRESENT:EDA Executive Director Dave Pecchia, Community Development Director Michael Grochala, and City Clerk Roberta Colotti 1.CALL TO ORDER AND ROLL CALL EDA President Stoeszcalled the meeting to order at 7:11PM. All members were present. 2.CONSIDERATION OF AUGUST 5, 2024,MEETING MINUTES Motion to approve the August 5, 2024 meeting minutes as presented. RESULT:CARRIED\[UNANIMOUS\] MOVER:Lynden SECONDER:Rafferty AYES:Stoesz, Lynden, Ruhland, Rafferty andCavegn. 3.2025 ANNUAL APPOINTMENTS Motion to appoint the following offices for 2025 and until a successor is appointed: Chris Lyden 1. President 2. Vice PresidentMike Ruhland 3. TreasurerTony Cavegn 4. SecretaryCity Clerk 5. Assistant TreasurerFinance Director 6. Executive DirectorCity Administrator 7. Official NewspaperQuad Community Press 8. Legal DepositoriesFirst Resource Bank LMC 4M Fund PMA Financial Networks PMA Securities Moreton Capital Markets US Bank 9. Legal ServicesKennedy & Graven, Squires, Waldspurger, & Mace, P.A. 10. Financial AdvisorEhlers RESULT:CARRIED\[UNANIMOUS\] MOVER:Rafferty SECONDER:Cavegn AYES:Stoesz, Lynden, Ruhland, Rafferty and Cavegn. 4.2024 ANNUAL REPORT The Community Development Director stated that each year staff is required to provide a recap of the prior year activities undertaken by the board. In 2024, the EDA undertook the following development activities. 1.Approved the acquisition of tax forfeit property in the Apollo Business Park (PIN 18-31-22-41-0011). Overall, the City continued to see development activity in 2024. In 2024 new residential construction permits totaled 124. This is a slight increase over 2023 but substantially under projected growth. Total building permit valuation increased from $57,600,000 in 2023 to approximately $75,600,000 in 2024. Commercial activity included the opening of Culvers, Milestones Learning Center, Heartland Dental, and Starbucks. Approximately 76,000 square feet of industrial space was added including Figi Cube, Lino Tech Center, and Sterling Plastics. The City entered into a purchase agreement with Java Companies, to sell approximately th 2.0 acres of City property adjacent to Lake and 77Street. This is part of a multi-property th redevelopment project that includes the realignment of 77Street to the Market Place Drive intersection. The project,including three new buildings,was approved in November. Closing is anticipated this fall. Staff is also reporting that no modifications to the EDA enabling resolution are needed or proposed. Motion to accept the 2024 Annual Report as presented. RESULT:CARRIED\[UNANIMOUS\] MOVER:Rafferty SECONDER:Ruhland AYES:Stoesz, Lynden, Ruhland, Rafferty and Cavegn. 5.ADJOURN A.Motion toadjourn the meeting. RESULT:CARRIED\[UNANIMOUS\] MOVER:Cavegn SECONDER:Ruhland AYES:Stoesz, Lynden, Ruhland, Rafferty and Cavegn. Themeeting was adjourned at 7:17PM. These minutes were approved at the January 26, 2026 EDA Meeting. ________________________ EDA President Attest: ___________________________ EDA Secretary LINO LAKES ECONOMIC DEVELOPMENT AUTHORITY AGENDA ITEM 3 STAFF ORIGINATOR: Michael Grochala MEETING DATE: January 26, 2026 TOPIC: Consideration of 2026 Annual Appointments VOTE REQUIRED: Simple Majority BACKGROUND The Economic Development Authority (EDA) was established in 1990 pursuant to Minnesota Statutes, Chapter 469. The EDA is governed by a board of commissioners consisting of the City Council. Each year, the Economic Development Authority is required by its by-laws to hold an annual meeting and to make a number of appointments. The President, Vice President, and Treasurer positions have historically rotated annually among the membership. This would leave the Treasurer position open for consideration. The following is a list of appointments for your consideration: Position20252026 Recommended 1. President Chris LydenMike Ruhland 2. Vice PresidentMike RuhlandRob Rafferty 3. TreasurerTony Cavegn 4. SecretaryCity ClerkCity Clerk 5. Assistant TreasurerFinance DirectorFinance Director 6. Executive DirectorCity AdministratorCity Administrator 7. Official NewspaperQuad Community PressQuad Community Press 8. Legal DepositoriesFirst Resource BankFirst Resource Bank LMC 4M FundLMC 4M Fund PMA Financial NetworksPMA Financial Networks PMA SecuritiesPMA Securities Moreton Capital MarketsMoreton Capital Markets US BankUS Bank Position20252026 Recommended 9. Legal ServicesKennedy & Graven,Kennedy & Graven, Squires, Waldspurger, & Squires, Waldspurger, & Mace, P.A.Mace, P.A. 10. Financial AdvisorEhlersEhlers The appointments can be made in one motion. RECOMMENDATION Staff is recommending Board prerogative or as recommended. ATTACHMENTS 1.Past Board appointments 2013-2025 EDA Advisory Board (2013-2025) 2013 President – Dave Roeser Vice President – Jeff O'Donnell Treasurer – Dale Stoesz 2014 President – Dave Roeser Vice President – Dale Stoesz Treasurer – William Kusterman 2015 President – Dave Roeser Vice President – Dale Stoesz Treasurer – William Kusterman 2016 President – William Kusterman Vice President – Rob Rafferty Treasurer – Michael Manthey 2017 President – Rob Rafferty Vice President – Michael Manthey Treasurer – Melissa Maher 2018 President – Michael Manthey Vice President – Melissa Maher Treasurer – Dale Stoesz 2019 President – Melissa Maher Vice President – Dale Stoesz Treasurer – Rob Rafferty 2020 President – Dale Stoesz Vice President – Chris Lyden Treasurer – Michael Ruhland 2021 President – Chris Lyden Vice President- Michael Ruhland Treasurer- Tony Cavegn 2022 President – Michael Ruhland Vice President- Tony Cavegn Treasurer- Rob Rafferty 2023 President – Tony Cavegn Vice President- Rob Rafferty Treasurer- Dale Stoesz 2024 President – Dale Stoesz Vice President – Chris Lyden Treasurer – Mike Ruhland 2025 President – Chris Lyden Vice President – Mike Ruhland Treasurer – Tony Cavegn LINO LAKES ECONOMIC DEVELOPMENT AUTHORITY AGENDA ITEM 4 STAFF ORIGINATOR: Michael Grochala, Community Development Director MEETING DATE: January 26, 2026 TOPIC: 2025 Annual Report VOTE REQUIRED: 3/5 BACKGROUND Each year staff is required to provide a recap of the prior year activities undertaken by the board. The EDA did not undertake any development activities in 2025 Overall, the City continued to see development activity in 2025. 138 new residential construction permits were issued in 2025. This is a slight increase over 2024 but substantially under projected growth. Total building permit valuation decreased slightly from $78,313,000 in 2024 to approximately $77,341,000 in 2025. Commercial activity included the phase 1 development of the Otter Crossing South commercial th development anchored by Aldi. Construction of the 77 Street/Market Place Drive project was completed in preparation for the Java Lino Lakes development. This is part of a multi-property redevelopment project that includes Chipotle, Pacific Dental, O’Reilly’s and Valvoline. The City also approved the preliminary and final plat of Clearwater Commons, a 3 lot commercial st development along 21 Avenue. Staff is also reporting that no modifications to the EDA enabling resolution are needed or proposed. RECOMMENDATION Staff is recommending that the EDA accept the report. ATTACHMENTS 1.Enabling Resolution