06-13-2023 EDC Minutes
CHANHASSEN ECONOMIC
DEVELOPMENT COMMISSION
REGULAR MEETING
JUNE 13, 2023
Chairman Anderson called the meeting to order at 5:30 p.m.
MEMBERS PRESENT: Chair Eric Anderson, Commissioners Duke Zurek, Chris Freeman,
Stacy Goff, Luke Bame, and Cohen Lee
MEMBERS ABSENT: None.
STAFF PRESENT: Samantha DiMaggio, Economic Development Manager
PUBLIC PRESENT: None.
Member Goff moved, Member Zurek seconded to approve the agenda. All voted in favor
and the motion carried unanimously with a vote of 5 to 0.
APPROVAL OF MINUTES:
APPROVE ECONOMIC DEVELOPMENT COMMISSION MINUTES DATED May 9,
2023
Member Zurek moved, Member Bame seconded to approve the Minutes of the Economic
Development Commission meeting dated May 9, 2023 as presented. All voted in favor and
the motion carried unanimously with a vote of 5 to 0.
DISCUSSION/GENERAL BUSINESS ITEMS:
1. REVIEW THE STATE OF MINNESOTA’S BUSINESS SUBSIDY REGULATIONS
Economic Development Manager DiMaggio explained the background of the business subsidy
regulations and provided a copy of the city’s business subsidy regulations for commissioners to
read for the next meeting.
Ms. DiMaggio explained the requirements needed for funding to be considered a business
subsidy. She laid out the criteria needed to meet business subsidy regulations. Ms. DiMaggio
shared the Economic Development Commission’s need to develop a wage floor for the business
subsidy requirements.
Ms. DiMaggio shared that in the business subsidy agreement, there needs to be the purpose of
the subsidy, the public purpose, measurable job goals, expectations if a company does not meet
Economic Development Commission – XX, 2023
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goals, and commitment to jurisdiction for five years after the benefit date, statement of parent
company, and the list of financial granters. There must be a public hearing with business subsidy
agreements. If businesses fail to meet goals, they must pay the government back with interest.
Ms. DiMaggio shared that the Economic Development Commission will make changes to their
business subsidy agreements together next meeting. The Commission will consider the average
wage in town and the cost of living in Chanhassen.
NEW BUSINESS: None.
ADMINISTRATIVE PRESENTATION: None.
CORRESPONDENCE DISCUSSION: None.
DIRECTOR’S REPORT:
Economic Development Manager DiMaggio shared that there is redevelopment occurring
downtown and they are considering additional funding sources.
The final adopted legislation regarding the Local Option Sales Tax is under review by the
guiding authorities. More information will be shared with the EDC at a future meeting.
There will be a City Hall meeting in September. Commissioners are encouraged to attend the
meeting.
ADJOURNMENT:
Member Freeman moved, Member Bame seconded to adjourn the meeting. All voted in
favor and the motion carried unanimously with a vote of 5 to 0. The Economic
Development Commission meeting was adjourned the meeting at 6:48 p.m.
Submitted by Samantha DiMaggio
Economic Development Manager
Prepared by Amy Weidman
Administrative Support Specialist