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HomeMy WebLinkAbout02-10-2020 EDAAPPROVED PROCEEDINGS OF THE MOUNDS VIEW EDA CITY OF MOUNDS VIEW RAMSEY COUNTY, MINNESOTA Regular Meeting February 10, 2020 Mounds View City Hall 2401 Mounds View Boulevard, Mounds View, MN 55112 1. CALL MEETING TO ORDER President Mueller called the meeting to order at 6:30 p.m. 2. ROLL CALL: President Mueller, Vice President Hull, Commissioner Bergeron Commissioner Gunn, Commissioner Meehlhause, and Executive Director Zikmund. NOT PRESENT: None. 3. APPROVAL OF AGENDA MOTION/SECOND: Gunn/Meehlhause. To Approve the February 10, 2020, Agenda as presented. Ayes – 5 Nays – 0 Motion carried. 4. CONSENT AGENDA A. January 27, 2020, EDA Minutes. MOTION/SECOND: Meehlhause/Bergeron. To Approve the Consent Agenda as presented. Ayes – 5 Nays – 0 Motion carried. 5. PUBLIC COMMENT None. 6. EDA BUSINESS A. 20-EDA-335, A Resolution Approving an Amendment to the Loan Origination Agreement with the Center for Energy and Environment. Mounds View EDA February 10, 2020 Regular Meeting Page 2 Executive Director Zikmund requested the EDA adopt a Resolution approving an amendment to the Loan Origination Agreement with the Center for Energy and Environment. He reviewed the two minor corrections Kennedy & Graven had found within the agreement and recommended approval of the amendment. President Mueller requested information from staff regarding the HOP loan program and the $2 million the City had available in interest free loans. Executive Director Zikmund reported the City received $2 million from the MPCA in order to provide interest free loans to residents that need assistance with scoping, inspecting and rehabbing lateral sewer lines. He commented these funds could also be used to assist with upgrading a water softener system. He noted the loans would have zero interest and could be paid back over five years. MOTION/SECOND: Gunn/Meehlhause. To Waive the Reading and Adopt Resolution 20- EDA-335, A Resolution Approving an Amendment to the Loan Origination Agreement with the Center for Energy and Environment. Ayes – 5 Nays – 0 Motion carried. 7. REPORTS None. 8. NEXT EDA MEETING: Monday, February 24, 2020 at 6:30 p.m. 9. ADJOURNMENT President Mueller adjourned the meeting at 6:38 p.m. Respectfully submitted, Recorded and transcribed by: Heidi Guenther Minute Maker Secretarial