EDA 2003 06 09CHANHASSEN ECONOMIC
DEVELOPMENT AUTHORITY
SPECIAL MEETING
JUNE 9, 2003
Chairman Furlong called the meeting to order at 9:25 p.m.
MEMBERS PRESENT: Tom Furlong, Jim Bohn, Steve Labatt, Brian Lundquist, Robert
Ayotte, and Craig Peterson
STAFF PRESENT: Todd Gerhardt, Justin Miller and Roger Knutson
APPROVAL OF STIPULATION OF SETTLEMENT AND ORDER FOR ~IUDGMENT~
TAX INCREMENT FINANCING DISTRICT 2-1.
Gerhardt: Chairman, EDA members. Before you is a Stipulation of Settlement and an Order for
Judgment. The reason the EDA is considering this is that when Carver County filed their, I don't
know if you'd call it a lawsuit but I guess so, they filed against the City and the EDA so you are a
named party to that suit. So as a part of that you have to agree to the stipulation and settlement
and so that's why you're here tonight is to consideration of approval of that settlement.
Furlong: Thank you. Are there any questions for staff?. Is there any discussion? Hearing none,
is there a motion?
Bohn moved, Peterson seconded that the EDA approve the Stipulation of Settlement and
Order for Judgment Regarding Tax Increment Financing District 2-1. All voted in favor
and the motion carried unanimously with a vote of 6 to 0.
APPROVAL OF MINUTES: Lundquist moved, Bohn seconded to approve the Minutes of the
EDA meeting dated May 27, 2003 as presented. All voted in favor and the motion carried
unanimously with a vote of 6 to 0.
Lundquist moved, Peterson seconded to adjourn the EDA meeting. All voted in favor and
the motion carried. The meeting was adjourned at 8:26 p.m.
Submitted by Todd Gerhardt
Executive Director
Prepared by Nann Opheim