Economic Development Authority Meeting Wednesday, September 10, 2025 07:30 AM City Hall Council Chambers - 118 Central Ave N

1.CALL TO ORDER

2.CONSENT AGENDA

a.August 13, 2025 Meeting Minutes

August 13, 2025 Closed Meeting Minutes

8.13.25 EDA Meeting Minutes.pdf (0.04 MB)
8.13.25 EDA Meeting Minutes - Closed.pdf (0.04 MB)

b.Claims for Payment: $237.50

3.EDA LEASE REVENUE BOND PRE-SALE

a.Pre-Sale Report

PreSaleReport.Revised.New Prague.2025C.pdf (0.38 MB)

b.Resolution #25-09-10-01

25-09-10-01 2025C EDA Authorizing Resolution.pdf (0.03 MB)

4.2026 BUDGET

a.EDA 2026 Budget

EDA Ind. Park 2026 Budget.pdf (0.42 MB)
EDA 2026 Budget.pdf (0.48 MB)

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

6.BUSINESS UPDATES

a.September 2025

September 2025 Business Updates.pdf (0.13 MB)

7.CDA UPDATE

8.SCHOOL DISTRICT UPDATE

9.EXECUTIVE DIRECTORS REPORT

10.MISCELLANEOUS

11.ADJOURNMENT

Next Meeting: Wednesday, October 8, 2025

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

                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