Economic Development Authority

ECONOMIC DEVELOPMENT AUTHORITY Public Safety Building—Training Room, 825 41st Ave NE Monday, March 07, 2022 6:00 PM AGENDA ATTENDANCE INFORMATION FOR THE PUBLIC Members of the public who wish to attend may do so in-person, by calling 1-312-626-6799 and entering meeting ID 840 7921 5021 or by Zoom at https://us02web.zoom.us/j/84079215021. For questions please call the Community Development Department at 763-706-3670. CALL TO ORDER/ROLL CALL PLEDGE OF ALLEGIANCE CONSENT AGENDA 1. APPROVE REGULAR MEETING MINUTES FROM JANUARY 3, 2022 2. APPROVE FINANCIAL REPORTS AND PAYMENT OF BILLS OF DECEMBER 2021 AND JANUARY 2022 MOTION: Move to approve the Consent Agenda as presented. BUSINESS ITEMS 3. ESTABLISHMENT OF THE 42ND AND JACKSON TAX INCREMENT FINANCING DISTRICT MOTION: Move to waive the reading of Resolution 2022-05, there being ample copies available to the public. MOTION: Move to adopt Resolution 2022-05, a resolution approving the removal of a parcel from tax increment financing district NO.9 within the downtown central business district redevelopment project. MOTION: Move to waive the reading of Resolution 2022-06, there being ample copies available to the public. MOTION: Move to adopt Resolution 2022-06, a resolution adopting a modification to the downtown central business district revitalization plan for the downtown central business redevelopment project, establishing the 42nd and Jackson tax increment financing district therein, and adopting a tax increment financing plan therefor. City of Columbia Heights AGENDA March 07, 2022 Economic Development Authority Page 2 MOTION: Move to waive the reading of Resolution 2022-07, there being ample copies available to the public. MOTION: Move to adopt Resolution 2022-07, a resolution authorizing an interfund loan for the advance of certain costs in connection with the 42nd and Jackson tax increment financing district. PUBLIC HEARINGS OTHER BUSINESS ADJOURNMENT Auxiliary aids or other accommodations for individuals with disabilities are available upon request when the request is made at least 72 hours in advance. Please contact Administration at 763-706-3610 to make arrangements.