Duluth Economic Development Authority.

411 West First Street City of Duluth Duluth, Minnesota 55802 Meeting Agenda Duluth Economic Development Authority. Wednesday, March 23, 2022 5:15 PM CALL TO ORDER PUBLIC TO ADDRESS THE COMMISSION PUBLIC HEARINGS APPROVAL OF MEETING MINUTES * FEBRUARY 23, 2022 REGULAR MEETING MINUTES Attachments: 02-23-22 DEDA Meeting Minutes-draft APPROVAL OF CASH TRANSACTIONS ---- FEBRUARY 1, 2022 TO FEBRUARY 28, 2022 Attachments: DEDA Monthly Cash Activity February 2022 NEW BUSINESS RESOLUTIONS FOR APPROVAL 22D-16 RESOLUTION APPROVING AN AMENDED AND RESTATED DEVELOPMENT AGREEMENT AND A HUD RIDER TO RESTRICTIVE COVENANTS WITH SATURDAY ZENITH, LLC FOR THE DEVELOPMENT OF THE ZENITH HISTORIC OLD CENTRAL HIGH SCHOOL PROJECT Attachments: 22D-16-Historic Old Central - Amended and Restated Development Agreement- FINAL 22D-16-HUD Rider to Restrictive Covenants -Zenith 22D-17 RESOLUTION CONSENTING TO ASSIGNMENT OF TIF NOTE WITH SATURDAY ZENITH, LLC AND COLLIERS MORTGAGE LLC PERTAINING TO THE ZENITH HISTORIC OLD CENTRAL HIGH SCHOOL PROJECT Attachments: 22D-17-Assignment of Payments Under Tax Increment Revenue Note - Zenith City of Duluth Page 1 Printed on 3/23/2022 Duluth Economic Development Meeting Agenda March 23, 2022 Authority. 22D-18 RESOLUTION AUTHORIZING A FIRST AMENDMENT TO A SERVICES AGREEMENT WITH THE JAMAR COMPANY EXTENDING THE TERM THROUGH MARCH 31, 2022 AND INCREASING THE CONTRACT AMOUNT BY $68,400.75 FOR A NEW TOTAL AMOUNT NOT TO EXCEED $178,400.75. Attachments: 22D-18 Jamar Retroactive Agreement-Amend 22D-19 RESOLUTION AUTHORIZING AN AGREEMENT TO INSURE CERTAIN DEDA PROPERTY UNDER THE CITY OF DULUTH’S PROPERTY AND BOILER INSURANCE POLICIES IN AN AMOUNT NOT TO EXCEED $24,481.90 Attachments: 22D-19-20220323 City Property Boiler Ins Agreement 2022 DISCUSSION-DIRECTOR'S REPORT ADJOURN City of Duluth Page 2 Printed on 3/23/2022