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HomeMy WebLinkAbout05.18.26 EDA MinutesEDA Minutes of May 18, 2026 Page 1 of 3 City of Farmington Economic Development Authority Regular Meeting Minutes Monday, May 18, 2026 The Farmington Economic Development Authority met in regular session on Monday, May 18, 2026 at Farmington City Hall, 430 Third Street, Farmington, Minnesota. 1. CALL TO ORDER Commissioner Cordes called the meeting to order at 5:00 pm. 2. PLEDGE OF ALLEGIANCE Commissioner Cordes lead everyone in the Pledge of Allegiance. 3. ROLL CALL Members Present: Commissioners Holly Bernatz, Nick Lien, and Steve Wilson Members Absent: Commissioner Phil Windschitl Staff Present: Lynn Gorski, City Administrator Deanna Kuennen, EDA Executive Director Stephanie Aman, Economic Development Coordinator Kim Sommerland, Finance Director Kellee Omlid, Parks and Recreation Director John Powell, Public Works Director Melissa Geis, City Clerk Also Present: Ryan Hentges, President and CEO, Dakota Electric Jeffrey Rainey, Economic Development, Dakota Electric Peggy Johnson, Community Relations Director, Dakota Electric Betty Jo Kiesow, Vice President of Engineering & Administration, Dakota Electric Jane Siebenaler, C.E.M, Dakota Electric Kara Hildreth, Dakota County Tribune 4. APPROVE AGENDA Motion was made by Commissioner Wilson and seconded by Commissioner Bernatz to approve the agenda as presented. Motion carried: 4 ayes / 0 nays EDA Minutes of May 18, 2026 Page 2 of 3 5. CITIZEN COMMENTS No one addressed the EDA to speak. 6. CONSENT AGENDA 6.1 Minutes of the April 20, 2026 Regular Economic Development Authority Meeting 6.2 Monthly Financial Report Motion was made by Commissioner Lien and seconded by Commissioner Bernatz to approve the Consent Agenda, as presented. Motion carried: 4 ayes / 0 nays 7. PUBLIC HEARINGS 8. DISCUSSION ITEMS 8.1 Partnership Presentation – Dakota Electric Association EDA Commissioners participated in a conversation with Dakota Electric Association around collaboration and partnership opportunities. Discussion included:  Dakota Electric Associations’ history in Farmington dating back to 1937, and their role as a member service organization to provide safe, reliable, and affordable electricity.  They discussed their growth, today being one of the 20 largest cooperatives in the United States with over 120,000 members, around 200 employees, and $220 million in revenue. They are currently constructing a new headquarters facility and will be moving into the facility next summer.  Dakota Electric is the only regulated cooperative in Minnesota. As a regulated utility it means that they must have capacity to meet the load demand and can only energize up to what is procured. They are statutorily required to serve.  Dakota Electric does not own generation facilities. They focus on distribution from the substation to the user.  Large load users (>50 megawatts) require a multi-step process to determine when/what additional infrastructure will be needed to serve them, and studies to determine impact of the load on the entire distribution system. The costs of the studies are the developer’s