Economic Development Authority Meeting Wednesday, August 12, 2026 07:30 AM City Hall Council Chambers - 118 Central Ave N

1.CALL TO ORDER

2.CONSENT AGENDA

1. a.July 8, 2026 Meeting Minutes

2. b.Claims for Payment: $665.41

3.PRESENTATION BY SOUTHERN MINNESOTA INITIATIVE FOUNDATION (SMIF)

4.BUSINESS RETENTION AND EXPANSION (BR&E) PROGRAM

5.BUSINESS UPDATES

1. a.August 2026

6.CDA UPDATE

7.SCHOOL DISTRICT UPDATE

8.EXECUTIVE DIRECTORS REPORT

9.MISCELLANEOUS

10.ADJOURNMENT

Next Meeting: Wednesday, September 9, 2026

OUR MISSION IS TO PROMOTE AND FACILITATE ECONOMIC DEVELOPMENT IN THE NEW PRAGUE AREA: * Strengthen existing businesses and non-profits * * Create an environment conducive to new economic development * * Create long term funding strategy *

                Brent Quast, President                                                                Term Ending 5/31/32

                Troy Pint, Vice President                                                                Term Ending 5/31/27

                Eric Krogman, Secretary                                                                Term Ending 5/31/31

                Nick Slavik                                                                                Term Ending 5/31/30

                Austin Reville                                                                                Term Ending 5/31/29

                Charles Nickolay, Mayor

                Bruce Wolf, Councilmember

                Joshua Tetzlaff, City Administrator & Executive Director