11-22-2021 EDACHANHASSEN ECONOMIC DEVELOPMENT AUTHORITY
REGULAR MEETING
MINUTES
NOVEMBER 22, 2021
Mayor Ryan called the meeting to order at 7:00 p.m.
COUNCIL MEMBERS PRESENT: Mayor Ryan, Councilman Campion, Councilwoman
Rehm, Councilwoman Schubert, Councilman McDonald.
COUNCIL MEMBERS ABSENT: None.
STAFF PRESENT: Laurie Hokkanen, City Manager; Kelly Strey, Finance Director; Don
Johnson, Fire Chief; Charlie Howley, Public Works Director/City Engineer; Rick Rice, IT
Manager; Jerry Ruegemer, Park & Recreation Director; Bob Generous, Senior Planner; Andrea
McDowell Poehler, City Attorney.
APPROVAL OF MINUTES: Councilman McDonald moved, Councilwoman Schubert
seconded approve the Minutes of the Economic Development Authority dated march 8,
2021. All voted in favor and the motion carried unanimously with a vote of 5 to 0.
APPROVE RELEASE OF CONTRACT FOR PRIVATE DEVELOPMENT FOR
GATEWAY NORTH TIF DISTRICT 9, GATEWAY DEVELOPMENT, LLC
Ms. Hokkanen noted the owner of the property is in the process of refinancing and has requested
two items, one from the Economic Development Authority (EDA) and one on the City Council
Consent Agenda. She noted the City entered into this contract on April 10, 2006 and the
payments for the Tax Increment Financing (TIF) concluded in 2016, but the affordability
restrictions remain in place until 2036. Staff and the City Attorney have reviewed this release
and feel comfortable that all protections the City needs to maintain are still maintained after this
release.
Councilman McDonald moved, Councilman Campion seconded that the Economic
Development Authority approves the release of contract for private redevelopment
agreement. All voted in favor and the motion carried unanimously with a vote of 5 to 0.
Councilman Campion moved, Councilman McDonald seconded to adjourn the Economic
Development Authority meeting at 7:03 p.m. All voted in favor and the motion carried
unanimously with a vote of 5 to 0.
Submitted by Laurie Hokkanen
City Manager
Prepared by Kim Meuwissen
City Clerk