HomeMy WebLinkAboutMINUTES EDA 11.17.20MINUTES FOR THE EDA MEETING OF NOVEMBER 17, 2020
Meeting held remotely pursuant Minn. Stat. Sec. 1313.021
Chair Weidt called the meeting to order at 5:32 pm.
PRESENT: Denaway, Gallivan, Houle, Klein, Petty, and Weidt.
ABSENT: Puleo.
Note: Due to technological difficulties, Gallivan was able to view and hear the meeting, but was not
able to participate.
STAFF: Bryan Bear, City Administrator
Rachel Juba, Community Development Director
Emily Weber, Community Development Assistant
APPROVAL OF MINUTES FOR THE EDA MEETING OF SEPTEMBER 15. 2020
Commissioner Klein made a motion, Commissioner Denaway seconded, to approve minutes for the
EDA meeting of September 15, 2020.
Ayes: Denaway, Houle, Klein, Petty, and Weidt.
Nay: None. Motion Carried.
UPDATE ON CITY PURCHASE AGREEMENT WITH DENNY TROOIEN
Staff provided a background on Denny Trooien's downtown proposal for the City owned property
along Egg Lake. At its September meeting, the EDA was presented with a concept for the property
and the EDA directed staff to continue to work with Trooien on terms for a purchase agreement. Staff
presented the purchase agreement terms, which included two phases. The first phase includes
establishing a closing date, going through the site plan approval process, and construction
substantially complete by December 31, 2022. Phase two includes a similar process with construction
substantially complete by December 31, 2024. The agreement also includes a reversionary clause.
Denny Trooien was present at the meeting to discuss the purchase agreement terms with the EDA.
Trooien asked the EDA to consider extending the timeline of the phases. The EDA discussed the
agreement and generally agreed that they would like to continue working with Trooien and
accommodate his requests. His requests includes extending the timeline of completion of phase two
to May 2026 with the option to extend to an additional year if $20,000 of earnest money is put forth.
Chair Weidt made a motion to recommend that the purchase agreement terms be extended to allow
construction of phase two to be complete by May 2026, seconded by Petty.
Aye: Denaway, Klein, Petty, and Weidt.
Abstained: Houle. Motion carried.
UPDATE ON HUGO CARES BUSINESS GRANT RECPIENTS
Staff provided an update on the Hugo Cares Business Grant program that the City approved earlier in
the year. Staff presented the businesses that received grants and the total grant amounts rewarded.
UPDATE ON DOWNTOWN REDEVELOPMENT
Community Development Director, Rachel Juba, provided an update on development in the City.
ADJOURNMENT
Commissioner Klein made a motion, seconded by Commissioner Denaway, to adjourn at 6:58 pm.
Ayes: Denaway, Houle, Klein, Petty, and Weidt.
Nay: None. Motion Carried.
Respectfully submitted.
Emily Weber, Community Development Assistant