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EDA Meeting Minutes - 07/10/2024 (Workshop)MINUTES WORKSHOP - ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, July 10, 2024 — 4:30 p.m. Academy Room, Monticello Community Center Commissioners Present: Councilmember Tracy Hinz -Presiding, 011ie Koropchak-White, Rick Barger, Mayor Lloyd Hilgart Commissioners Absent: President Steve Johnson, Vice President Jon Morphew, Staff Present: Executive Director Jim Thares, Angela Schumann 1. Call to order Tracy Hinz called the workshop meeting of the Monticello EDA to order at 4:30 p.m. 2. Roll Call Ms. Hinz called the roll. 3. Block 34 Redevelopment Draft Request for Information (RFI) Packet Review and Discussion Jim Thares, Economic Development Manager, introduced the item. The EDA is asked to review and critique the RFI packet. Angela Schumann, Community Development Director was the author of the RFI and provided an overview of the draft passed out at the meeting and is asking the Commissioners to review and give additional feedback. The first round of feedback from the EDA was included in the document; noting the EDA is asking the Development Community what is feasible. The RFI provides what are the existing site opportunities and constraints, identifying critical site partnerships. Ms. Schumann confirmed with Mr. Thares that the acquisition of investment would be added. We will be letting the developers know the next steps would be for the EDA to review, compare what the City and EDA goals are, and set up interviews. The RFI due date is September 1, 2024. The discussion and feedback will continue at the July 24, 2024, Regular meeting. Mayor Hilgart inquired about the status of the study on the wells. Ms. Schumann responded that is anticipated the information will not be ready until August. Rick Barger inquired if getting the comments back to staff by the next meeting is the current timeline realistic. Although staff feels this should be sufficient, Ms. Schumann and Mr. Thares agreed extra time could be given to the developers if they request it. Ms. Hinz inquired how we would get this out. Ms. Schumann replied WSB will be apart of this, developers who were sent the Block 52 proposals and a variety of other known developers, and it will be posted on the City website. The EDA consensus is their comments will be provided at the July 24, 2024 meeting. 4. Budget Projections Review -Discussion and Facade Improvement Funding Update Mr. Thares, Economic Development Manager, introduced the item, reviewing the status of the facade program and upcoming needed transfers. There are other applications in the works. The current known projects will virtually deplete the current funding. This subject is on the current EDA agenda. Additional transfers will be needed as additional applications come in 2024. This topic will be addressed at the regular meeting following this workshop and upcoming other meetings. S. Adjournment HALI SITTIG MOVED TO ADJOURN, RICK BARGER SECONDED MOTION. MOTION SECONDED BY OLLIE KOROPCHAK-WHITE. MOTION CARRIED UNANIMOUSLY. MEETING ADJOURNED AT 5:59 P.M. Recorder: Vicki Leerhoff Vb Approved: January 8, 2025 Jim Thar' s, Economic Development Manager