Economic Development Authority Meeting Wednesday, August 14, 2024 07:30 AM City Hall Council Chambers - 118 Central Ave N

1.CALL TO ORDER

2.CONSENT AGENDA

1. a.July 10, 2024, EDA Meeting Minutes

• 7.10.24 EDA Meeting Minutes.pdf (0.17 MB)

2. b.Claims for Payment: $21.23

• Payables 8.14.24.pdf (0.03 MB)
• 2 Income Statement.pdf (0.43 MB)
• 3 Balance Sheet.pdf (0.42 MB)

3.FUTURE EDA ENDEAVORS

1. a.August 14th, Future Endeavors

• 08-14-2024 Future EDA Endeavors.pdf (0.05 MB)

4.2025 BUDGET REVIEW

1. a.2025 Budget Memo

• 08-14-24 2025 Budget.pdf (0.04 MB)

2. b.Proposed 2025 Budget

• EDA Fund 680 Budget.pdf (0.43 MB)
• EDA IND Fund 681 Budget.pdf (0.42 MB)

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

6.BUSINESS UPDATES

1. a.August 2024

• August 2024 Business Updates.pdf (0.12 MB)

7.CDA UPDATE

8.SCHOOL DISTRICT UPDATE

9.EXECUTIVE DIRECTORS REPORT

10.MISCELLANEOUS

11.ADJOURNMENT

Next Meeting: Wednesday, September 11, 2024

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 5/31/26 (*Partial Term)

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

                Eric Krogman, Secretary                                                                Term Ending 5/31/25

                Nick Slavik                                                                                Term Ending 5/31/24

                Austin Reville                                                                                Term Ending 5/31/29

                Duane Jirik, Mayor

                Bruce Wolf, Councilmember

                Joshua Tetzlaff, City Administrator & Executive Director