Economic Development Authority Special Meeting Thursday, July 17, 2025 08:30 AM City Hall Council Chambers, 420 North Pokegama Avenue

NOTICE IS HEREBY GIVEN, that a special meeting of the Grand Rapids Economic Development Authority will be held in the City Council Chambers in the Grand Rapids City Hall, 420 North Pokegama Avenue, in Grand Rapids, Minnesota on Thursday, July 17, 2025 at 8:30 AM.

CALL TO ORDER

CALL OF ROLL

BUSINESS

• 1.Consider adopting a resolution approving a collateral assignment and subordination of Development Assistance Agreement, TIF Note and Tax Abatement Note

• RGA Oppidan Workforce Housing Collateral Assignment 7-17-25.pdf (0.06 MB)
• Grand Rapids Oppidan EDA Resolution Approving Assignment and Subordination of Development Agreement and TIF Note.pdf (0.03 MB)
• Grand Rapids Oppidan Collateral Assignment of TIF Note and Subordination (clean 7.9.2025).pdf (0.05 MB)
• Redline Grand Rapids Oppidan Workforce Housing Development Agreement.pdf (0.88 MB)
• Executable - Grand Rapids Oppidan Workforce Housing Development Agreement 7-14-25.pdf (0.85 MB)

ADJOURN

MEMBERS & TERMS
Dan Mertes - 12/31/2025 Council Representative
Rick Blake - 12/31/2025 Council Representative
Wayne Bruns - 3/1/31
Sholom Blake - 3/1/31
Al Hodnik - 3/1/27
Bill Martinetto - 3/1/29