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HomeMy WebLinkAbout09 08 2025 EDA Meeting Minutes PRIOR LAKE ECONOMIC DEVELOPMENT AUTHORITY MEETING MINUTES Monday, September 8, 2025 Parkview Conference Room 1. CALL TO ORDER Chair Prchal called the meeting to order at 3:58 p.m. In attendance were Prchal, Lake, Marco, Braid, and Boucher-Hoese. Absent: None. Also, present were Executive Director Wedel, Community Development Director McCabe, and Development Services Assistant Peppin. 2. APPROVAL OF AGENDA MOTION BY LAKE, SECONDED BY BRAID TO APPROVE THE AGENDA Ayes by Prchal, Braid, Boucher-Hoese, Briggs and Marco. That motion carried 5-0. 3. APPROVAL OF MEETING MINUTES MOTION BY BRAID, SECONDED BY BOUCHER-HOESE TO APPROVE THE July 22, 2025, MEETING MINUTES. Ayes by Prchal, Braid, Boucher-Hoese, Briggs and Marco. That motion carried 5-0. 4. CONSENT AGENDA A. Monthly Development Update (8/31/25) MOTION BY BRAID, SECONDED BY LAKE TO APPROVE THE CONSENT AGENDA. Ayes by Prchal, Braid, Boucher-Hoese, Briggs and Marco. That motion carried 5-0. 5. OLD BUSINESS A. Strategic Property Acquisition Update Wedel: Updated the EDA Commissioners on the recent discussions with the Prior Lake VFW and the potential interest in a land swap between the City and VFW involving the city property at the intersection of Pleasant St./Main Ave. and the VFW property along Colorado St. The VFW will be discussing amongst their membership, and their primary concern appears to be related to future off-street public parking availability. 6. NEW BUSINESS A. EDA-Owned Property Discussion McCabe: discussed the condition of the two EDA-owned properties on Colorado Street and asked if the EDA would consider removing one or both of the homes. Commissioners: discussed the removal of the homes and related impacts on a future redevelopment TIF district if one or both homes were removed. Commissioners directed staff to research potential demolition of one or both structures and the related impact on a future TIF district and provide options to the EDA for consideration at a future meeting. 4646 Dakota Street SE Prior Lake, MN 55372 7. OTHER BUSINESS A. Staff Updates i. Dakota Street Redevelopment McCabe: Provided information regarding the Cora Apartment project and anticipated PUD and TIF requests on upcoming planning commission and city council agendas, noting staff and the developer are still working through items related to funding of the park restoration and finalizing the TIF agreement. ii. Downtown Development Walk McCabe: Mentioned the mayor and staff walked the downtown area with two developers with interest in a mixed-use redevelopment project. iii. Scott County CDA Broker Event McCabe: Informed the EDA that he will be attending a Scott County CDA Broker Event on September 18th. McCabe said it is an informational event for brokers and staff from the individual Scott County communities will have an opportunity to share current activities and development opportunities in their cities. B. Commissioner Comments i. Feedback on the new downtown sculpture has been positive. ii. Chalk Fest is this upcoming weekend. iii. Nonprofit formation for the Friends of the Arts Prior Lake appears to be progressing toward final approval soon. iv. Future meeting dates were discussed. Commissioners supported one meeting in early- to mid- December opposed to having one meeting each month. 8. ADJOURNMENT MOTION BY BOUCHER-HOESE, SECOND BY BRAID TO ADJOURN THE MEETING. Ayes by Prchal, Marco, Boucher-Hoese, Braid and Lake. That motion carried 5-0. The meeting adjourned at 4:32 p.m. Submitted by Sandra Peppin