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HomeMy WebLinkAbout02.18.25 EDA Minutes City of Farmington Economic Development Authority Regular Meeting Minutes Tuesday, February 18, 2025 The Farmington Economic Development Authority met in regular session on Tuesday, February 18, 2025, at Farmington City Hall, 430 3rd Street, Farmington, Minnesota. 1. CALL TO ORDER Chair Wilson called the meeting to order at 5:01 p.m. 2. PLEDGE OF ALLEGIANCE Chair Wilson lead everyone in the Pledge of Allegiance. 3. ROLL CALL Members Present: Chair Steve Wilson Commissioners Holly Bernatz, Jake Cordes, Joshua Hoyt, and Nick Lien Members Absent: None Staff Present: Lynn Gorski, City Administrator Deanna Kuennen, EDA Executive Director Stephanie Aman, Economic Development Coordinator Kim Sommerland, Finance Director Shirley Buecksler, City Clerk 4. APPROVE AGENDA Motion was made by Commissioner Hoyt and seconded by Commissioner Cordes to approve the agenda, as presented. Motion carried: 5 ayes / 0 nays 5. CITIZEN COMMENTS No one addressed the Commission to speak. 6. CONSENT AGENDA 6.1 2025 Minnesota Real Estate Journal (MREJ) Contract 6.2 Annual EDA Business - Acknowledgement of Official Newspaper and Establishing the Meeting Schedule 6.3 Community Venture Network (CVN) 2025 Membership Agreement EDA Minutes of February 18,2025 Page 1 of 3 6.4 Minutes of the January 21, 2025 Regular Economic Development Authority Meeting 6.5 Monthly Financial Report 6.6 Year-End Report - Open to Business (2024) Motion was made by Commissioner Hoyt and seconded by Commissioner Cordes to approve the Consent Agenda, as presented. Motion carried: 5 ayes / 0 nays 7. PUBLIC HEARINGS There were no public hearings. 8. DISCUSSION ITEMS 8.1 Election of 2025 EDA Chairperson and Vice-Chairperson Commissioner Cordes nominated Joshua Hoyt as EDA Chair for 2025. Motion was made by Commissioner Bernatz and seconded by Commissioner Cordes to appoint Joshua Hoyt as EDA Chairperson for the remainder of calendar year 2025. Motion carried: 4 ayes / 0 nays / 1 abstain - Commissioner Hoyt Chair Wilson directed Joshua Hoyt to lead the meeting from this point as the new EDA Chair. Commissioner Wilson nominated Jake Cordes as EDA Vice Chair for 2025. Motion was made by Commissioner Wilson and seconded by Commissioner Lien to appoint Jake Cordes as EDA Vice-Chairperson for the remainder of calendar year 2025. Motion carried: 4 ayes / 0 nays / 1 abstain - Commissioner Cordes 8.2 Economic Development - 2024 Year in Review Coordinator Aman and Executive Director Kuennen presented the 2024 Year in Review. Coordinator Aman highlighted some of the accomplishments in 2024 and noted that it was a great year of growth. Director Kuennen added that our work is being recognized around the state. After discussion about the community interest in a grocery store, and to help advance potential discussions with different grocers, a motion was made by EDA Minutes of February 18,2025 Page 2 of 3 Chair Hoyt and seconded by Commissioner Bernatz to authorize Staff to revisit the grocery market analysis proposal received last year, and authorizing Executive Director Kuennen to execute a contract for an amount not to exceed $10,000. Motion carried: 5 ayes / 0 nays 9. DIRECTOR'S REPORT 9.1 Director's Report Executive Director Kuennen highlighted information about the Farmington Business Survey and the Building a Stronger Future Together: Farmington Business Summit. Discussion ensued, focusing on next steps and outcomes. 10.ADJOURNMENT Motion was made by Commissioner Wilson and seconded by Commissioner Cordes to adjourn the meeting at 5:32 p.m. Motion carried: 5 ayes / 0 nays Re pectfully s bmitted, SlieykR JB sler City Clerk EDA Minutes of February 18,2025 Page 3 of 3