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HomeMy WebLinkAbout08-23-2021 EDAAPPROVED PROCEEDINGS OF THE MOUNDS VIEW EDA CITY OF MOUNDS VIEW RAMSEY COUNTY, MINNESOTA Regular Meeting August 23, 2021 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 Cermak, Commissioner Bergeron Commissioner Hull, Commissioner Meehlhause, and Executive Director Zikmund. NOT PRESENT: None. 3. APPROVAL OF AGENDA MOTION/SECOND: Meehlhause/Hull. To Approve the August 23, 2021, Agenda as presented. Ayes – 5 Nays – 0 Motion carried. 4. CONSENT AGENDA A. June 28, 2021, EDA Minutes. MOTION/SECOND: Hull/Bergeron. To Approve the Consent Agenda as presented. Ayes – 5 Nays – 0 Motion carried. 5. PUBLIC COMMENT None. 6. EDA BUSINESS A. 21-EDA-345, Establishing the New Business Improvement Forgivable Loan Program. Assistant City Administrator Beeman requested the EDA approve the establishment of the New Mounds View EDA August 23, 2021 Regular Meeting Page 2 Business Improvement Forgivable Loan Program. He reported the City Council discussed this program at a recent worksession meeting. Staff commented further on the program and requested clarification on how much funding would be directed into this program. Commissioner Bergeron asked if a loan recipient does not use the funds as requested, would the funding come back to the EDA. Assistant City Administrator Beeman stated this was his understanding. City Administrator Zikmund reported it was staff’s intent to have one on one conversations regarding the intent of the improvement program. Commissioner Bergeron questioned if a business were to default on the loan program, would they be eligible for additional funding in the future. City Attorney Riggs reported this business would still be eligible. Commissioner Meehlhause recommended the EDA allot $25,000 or $30,000 to the forgivable loan program. Commissioner Bergeron supported the EDA allotting $25,000 to the program. Commissioner Hull and Commissioner Cermak concurred. MOTION/SECOND: Hull/Bergeron. To Waive the Reading and Adopt Resolution 21-EDA- 345, Establishing the New Business Improvement Forgivable Loan Program allotting $25,000 to the program. Ayes – 5 Nays – 0 Motion carried. 7. REPORTS Commissioner Meehlhause stated on September 8, 2021 a Mounds View Business Council meeting will be held at the Community Center at 8:00 a.m. 8. NEXT EDA MEETING: Monday, September 13, 2021 at 6:30 p.m. 9. ADJOURNMENT President Mueller adjourned the meeting at 6:42 p.m. Respectfully submitted, Recorded and transcribed by: Heidi Guenther Minute Maker Secretarial