Economic Development Authority Monday, October 06, 2025 04:45 PM City Hall—Shared Vision Room, 3989 Central Ave NE

ATTENDANCE INFORMATION FOR THE PUBLIC
Members of the public who wish to attend may do so in-person, or by using Microsoft Teams and entering meeting ID 219 984 311 081 and passcode Dd7ig3t9. For questions, please call the Community Development Department at 763-706-3670.

Auxiliary aids or other accommodations for individuals with disabilities are available upon request when the request is made at least 72 hours in advance. Please contact Administration at 763-706-3610 to make arrangements.

CALL TO ORDER/ROLL CALL

PLEDGE OF ALLEGIANCE

CONSENT AGENDA

• 1.Approve September 2, 2025 Regular EDA Meeting Minutes. (pg. 3)

• 09.02.2025 EDA Meeting.pdf (0.17 MB)

• 2.Resolution 2025-25 to Approve the Financial Reports and Payment of the Bills for August 2025. (pg. 14)
  MOTION: Move to approve the Consent Agenda as presented.

• Resolution 2025-25 approving financials August 2025.pdf (0.03 MB)
• August 2025 Financials.pdf (0.10 MB)

BUSINESS ITEMS

• 3.Fire Suppression Grant Application (Sister Bud, LLC). (pg. 27)
  MOTION: Move to waive the reading of Resolution 2025-26, there being ample copies available to the public.
  MOTION: Move to approve Resolution 2025-26, a resolution of the Economic Development Authority of Columbia Heights, Minnesota, approving the form and substance of the Fire Suppression Grant Agreement, and approving authority staff and officials to take all actions necessary to enter the authority into the Fire Suppression Grant Agreement with Sister Bud, LLC.

• Sister Bud Fire Suppression Grant Letter.pdf (0.06 MB)
• Resolution 2025-26.pdf (0.03 MB)
• Sister Bud App EDA.pdf (4.81 MB)
• Sister Bud Fire Suppression Agreement.pdf (0.03 MB)

• 4.NOAH Program Proposal Review. (pg. 55)
  MOTION: Move to waive the reading of Resolution 2025-27, there being ample copies available to the public.
  MOTION: Move to approve Resolution 2025-27, a resolution of the Economic Development Authority of Columbia Heights, Minnesota, approving the creation and implementation of the Columbia Heights Naturally Occurring Affordable Housing (NOAH) Loan Program.

• Friday draft NOAH program letter OCT.pdf (0.06 MB)
• RES 2025-27 Creation of NOAH Loan Program.pdf (0.03 MB)
• Draft NOAH Contract Columbia Heights.pdf (0.04 MB)
• Draft NOAH Exhibit A Guidelines.pdf (0.04 MB)
• Draft NOAH Exhibit B Budget.pdf (0.03 MB)

• 5.Executive Session: Develop or Consider Counteroffers for the Purchase of Real Property at 4024-4026 Central Ave NE. Closed per Minn. Stat. 13D.05, Subdivision 3(c). (pg. 73)
  ATTENDANCE INFORMATION: Move to recess to Closed Session pursuant to Minnesota Statutes 13D.05, Subdivision 3(c), members of the public will not be able to attend the executive session portion of the meeting. For questions regarding this notice, please contact Administration at 763-706-3610.

• Central Ave second passthrough report.pdf (0.06 MB)

BUSINESS UPDATES

a. SPAAR Key Communities Grant Homeownership Resource Night Recap

b. Minnesota Housing Finance Agency 2025 Local Housing Trust Fund Grants Program Award

c. Community Entrepreneurship Program Update and Invitation

ADJOURNMENT