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HomeMy WebLinkAbout02-28-22 CITY OF FARMINGTON ECONOMIC DEVELOPMENT AUTHORITY MINUTES SPECIAL MEETING February 28, 2022 1. CALL TO ORDER The meeting was called to order by EDA Chair Wilson at 1:00 p.m. 2. ROLL CALL Members Present: Hoyt,Lien,Wilson Members Absent: Bernhjelm,Porter Staff Present: Lynn Gorski,Assistant City Administrator; Samantha DiMaggio, Community Development Director; Kalley Swift,Community Development Specialist 3. APPRO FE AGENDA MOTION by Hoyt,second by Lien to approve the Agenda.APIF,MOTION CARRIED. 4. CONSENT AGENDA a) Certificate of Completion-Elm Park Limited,Inc. Chair Wilson asked for an overview of the consent agenda item.Director DiMaggio explained that the Farmington HRA and Elm Park Limited,Inc.,the original developer of 115 Elm Street,executed an Amended and Restated Contract for Private Sale on March 17, 1994.As per this agreement,once the development project was complete,the city was to execute and record Exhibit E,Certificate of Completion. City staff is unable to find and validate that this document was signed and recorded as it should have been.In order for the pending sale of 115 Elm Street to occur,a Certificate of Completion needs to now be executed. MOTION by Hoyt,second by Lien to approve the execution of Exhibit E,Certificate of Completion.APIF,MOTION CARRIED. 5. ADJOURN MOTION by Lien,second by Hoyt to adjourn at 1:25 p.m. APIF,MOTION CARRIED. Respectfully submitted, Kalley Swift Community Development Specialist Economic Development Authority Minutes Page 1 of 1 Special Meeting February 28,2022