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2020 08 17CHANHASSEN ECONOMIC DEVELOPMENT COMMISSION REGULAR MEETING AUGUST 17, 2020 Chairman Sanford called the meeting to order at 7:00 p.m. MEMBERS PRESENT: Jim Sanford, Kathleen Donovan, James Ebeling, and Adam Schaefer MEMBERS ABSENT: Steve Stamy STAFF PRESENT: Greg Sticha, Finance Director; Kate Aanenson, Community Development Director; and Jake Foster, Assistant City Manager APPROVAL OF MINUTES: Donovan moved, Ebeling seconded to approve the Minutes of the Economic Development Commission meeting dated July 14, 2020 as presented. UPDATE ON CARES ACT FUNDING GRANT FOR LOCAL SMALL BUSINESSES. Greg Sticha provided an update on how the CARES Act funding grant program will work with local small businesses. Kate Aanenson discussed how the grant program for local small businesses will function in conjunction with Carver County CDA who will oversee the program with Next Stages who will administer the program. She reviewed what businesses are eligible as small businesses and how funds will be dispersed. Chairman Sanford asked for clarification on eligible uses for grant funds. Kate Aanenson continued with discussion of which cities are partnering with Carver County CDA in this program. Greg Sticha explained how the marketing plan will work and asked that commission members spread the word to small businesses as funds have to be distributed by November 15, 2020. Chairman Sanford asked if this includes non- profit businesses. Kate Aanenson explained there’s a separate program available for non-profits and apologized for the confusion on information sent out to commission members. Commissioner Ebeling asked how COVID-19 has affected development in the city. Kate Aanenson explained that both housing and office industrial are being developed, and provided an update on the status of the Avienda project.