Duluth Economic Development Authority.

411 West First Street City of Duluth Duluth, Minnesota 55802 Meeting Agenda Duluth Economic Development Authority. Wednesday, March 27, 2024 5:15 PM Council Chambers CALL TO ORDER PUBLIC TO ADDRESS THE COMMISSION PUBLIC HEARINGS 24D-17 RESOLUTION AUTHORIZING THE ACQUISITION OF CERTAIN REAL PROPERTY IN THE LINCOLN PARK NEIGHBORHOOD FROM BELANGER 1916, LLC Attachments: 24D-17-PA_Belanger 1916 to DEDA 24D-18 RESOLUTION AUTHORIZING CONVEYANCE OF CERTAIN REAL PROPERTY IN THE LINCOLN PARK NEIGHBORHOOD TO FESTIES, INC. Attachments: 24D-18-PA_DEDA to Festies Inc APPROVAL OF MEETING MINUTES .04 MINUTES FROM DECEMBER 20, 2023 SPECIAL MEETING Attachments: 12-20-23 Special DEDA Meeting Minutes-draft APPROVAL OF CASH TRANSACTIONS .05 FEBRUARY 1, 2024 TO FEBRUARY 29, 2024 Attachments: DEDA Monthly Cash Activity-February 2024 NEW BUSINESS RESOLUTIONS FOR APPROVAL 24D-17 RESOLUTION AUTHORIZING THE ACQUISITION OF CERTAIN REAL PROPERTY IN THE LINCOLN PARK NEIGHBORHOOD FROM BELANGER 1916, LLC Attachments: 24D-17-PA_Belanger 1916 to DEDA City of Duluth Page 1 Printed on 3/22/2024 Duluth Economic Development Meeting Agenda March 27, 2024 Authority. 24D-18 RESOLUTION AUTHORIZING CONVEYANCE OF CERTAIN REAL PROPERTY IN THE LINCOLN PARK NEIGHBORHOOD TO FESTIES, INC. Attachments: 24D-18-PA_DEDA to Festies Inc 24D-19 RESOLUTION AUTHORIZING A TARIFF REVENUE SHARING AGREEMENT BETWEEN THE DULUTH ECONOMIC DEVELOPMENT AUTHORITY AND THE DULUTH ENTERTAINMENT AND CONVENTION CENTER AUTHORITY Attachments: 24D-19-Tariff Revenue Sharing Agreement_FINAL 24D-20 RESOLUTION AUTHORIZING ASSIGNMENT OF TWO CONTRACTS TO THE DULUTH ECONOMIC DEVELOPMENT AUTHORITY Attachments: 24D-20 Exhibit A Development Agreement 2nd Amendment ARPA_Residences 24D-20 Exhibit B Development Agreement 2nd Amendment ARPA_Residences 24D-21 RESOLUTION AUTHORIZING FIFTH AMENDMENT TO DEVELOPMENT AGREEMENT WITH THE MERGE LLC FOR THE DEVELOPMENT OF THE URBANE DULUTH PROJECT TO UPDATE THE PROJECT SITE’S PROPERTY DESCRIPTION Attachments: 24D-21-EXHIBIT A Updated Property Description 24D-22 RESOLUTION AUTHORIZING MERGE LLC TO ASSIGN THEIR DEVELOPMENT AGREEMENT FOR THE DEVELOPMENT OF THE URBANE DULUTH PROJECT TO URBANE 218 LLC Attachments: 24D-22-EXHIBIT A Merge - Assignment of Development Agreement - DEDA Urbane 24D-23 RESOLUTION AUTHORIZING AN ESTOPPEL AGREEMENT WITH URBANE 218 LLC FOR THE DEVELOPMENT OF THE URBANE DULUTH PROJECT Attachments: 24D-23-EXHIBIT A RRA_Duluth, MN_DEDA Estoppel (Development Agreement) DISCUSSION ADJOURN City of Duluth Page 2 Printed on 3/22/2024