Economic Development Authority

Meeting Location: Farmington City Hall, Conf Rm 170 430 Third Street Farmington, MN 55024 ECONOMIC DEVELOPMENT AUTHORITY REGULAR MEETING AGENDA Tuesday, January 20, 2026 5:00 PM Page 1. CALL TO ORDER 2. PLEDGE OF ALLEGIANCE 3. ROLL CALL 4. APPROVE AGENDA 5. CITIZEN COMMENTS 6. CONSENT AGENDA 6.1. Minutes of the November 17, 2025 3-6 Approve the minutes of the November 17, 2025 Regular Economic Development Authority Meeting. Agenda Item: Minutes of the November 17, 2025 Regular Economic Development Authority Meeting - Pdf 6.2. 2026 Minnesota Real Estate Journal (MREJ) Contract 7-9 Authorize the Executive Director to execute the contract with MREJ for the 2026 Marketing Plan. Agenda Item: 2026 Minnesota Real Estate Journal (MREJ) Contract - Pdf 7. PUBLIC HEARINGS 8. DISCUSSION ITEMS 8.1. Local Affordable Housing Aid (LAHA) Funds - Collaboration Discussion 10 - 31 with Dakota County Community Development Agency No action required. This is a discussion item only. The City Council will be asked to provide a formal response by March 27, 2026 regarding Page 1 of 36  whether or not the City of Farmington will continue to collaborate with the CDA for the administration of the 2025 LAHA funds. Agenda Item: Local Affordable Housing Aid (LAHA) Funds - Collaboration Discussion with Dakota County Community Development Agency - Pdf 8.2. Economic Development Website Proposed Updates 32 - 34 Review the proposed Economic Development website framework and provide comments as appropriate. Agenda Item: Economic Development Website Proposed Updates - Pdf 9. DIRECTOR'S REPORT 9.1. Director's Report 35 - 36 No action requested. This item is informational and is provided to communicate how the EDA time and money resources are allocated and to track and measure the impact of initiatives. Agenda Item: Director's Report - Pdf 10. ADJOURN Page 2 of 36  ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO To: Economic Development Authority From: Shirley Buecksler, City Clerk Department: Administration Subject: Minutes of the November 17, 2025 Regular Economic Development Authority Meeting Meeting: Economic Development Authority - Jan 20 2026 INTRODUCTION: The minutes of the November 17, 2025 Regular Economic Development Authority Meeting are attached for review and approval. ACTION REQUESTED: Approve the minutes of the November 17, 2025 Regular Economic Development Authority Meeting. ATTACHMENTS: 11.17.25 EDA Minutes Page 3 of 36  City of Farmington Economic Development Authority Regular Meeting Minutes Monday, November 17, 2025 The Farmington Economic Development Authority met in regular session on Monday, November 17, 2025, at Farmington City Hall, 430 Third Street, Farmington, Minnesota. 1. CALL TO ORDER Chair Hoyt called the meeting to order at 5:30 pm. 2. PLEDGE OF ALLEGIANCE Chair Hoyt lead everyone in the Pledge of Allegiance. 3. ROLL CALL Members Present: Chair Joshua Hoyt Commissioners Holly Bernatz, Jake Cordes, Nick Lien, and Steve Wilson Members Absent: None Staff Present: Lynn Gorski, City Administrator Deanna Kuennen, EDA Executive Director Stephanie Aman, Economic Development Coordinator John Powell, Public Works Director Shirley Buecksler, City Clerk Also Present: Wendy Meadley, CEO, Expo 2031 Minnesota, USA Andy Mielke, Sr. Vice President, SRF Consulting Group 4. APPROVE AGENDA Motion was made by Commissioner Wilson and seconded by Commissioner Lien to approve the agenda, as presented. Motion carried: 5 ayes / 0 nays 5. CITIZEN COMMENTS No one addressed the Commission to speak. 6. CONSENT AGENDA 6.1 Minutes of the August 18, 2025 Regular Economic Development Authority Meeting EDA Minutes of November 17, 2025 Page 1 of 3 Page 4 of 36  6.2 Minutes of the October 20, 2025 Regular Economic Development Authority Meeting 6.3 Monthly Financial Report Motion was made by Commissioner Cordes and seconded by Commissioner Bernatz to approve the Consent Agenda, as presented. Motion carried: 5 ayes / 0 nays 7. PUBLIC HEARINGS 8. DISCUSSION ITEMS 8.1 Final EDA Levy Request – FY 2026 Director Kuennen presented the final EDA levy request for 2026. These funds provide a dedicated funding source to be used for economic development purposes and will be used to support broad economic development initiatives and the City’s priority of quality business growth and retention. Following a discussion of the EDA and Staff, motion was made by Commissioner Wilson and seconded by Commissioner Bernatz to adopt Resolution 2025-03 Approving a Final EDA Levy Request for 2026. Motion carried: 5 ayes / 0 nays 8.2 Introductions and Primer – EXPO 2031 Minnesota, USA Director Kuennen introduced Wendy Meadley, CEO of Expo 2031 Minnesota, USA, and Andy Mielke, Sr. Vice President of SRF Consulting Group. Ms. Meadley and Mr. Mielke provided an overview of Expo 2031, including financial estimates, partners, the organizing entity and structure, and some exciting features that are being considered for the event. Following the six-month event, some of the buildings will become permanent structures as part of the legacy, and a foundation from the sale of the land will sustain it into the future. This is the first time this event has been held in the United States. Discussion ensued on what this could look like for Farmington and how the City can become a part of Expo 2031 Minnesota, USA - World Horticultural Exposition. The EDA thanked Ms. Meadley and Mr. Mielke for bringing this presentation to Farmington. EDA Minutes of November 17, 2025 Page 2 of 3 Page 5 of 36 9. DIRECTOR’S REPORT 9.1 Director’s Report 10. ADJOURNMENT Motion was made by Commissioner Wilson and seconded by Commissioner Bernatz to adjourn the meeting at 6:45 pm. Motion carried: 5 ayes / 0 nays Respectfully submitted, Shirley R Buecksler City Clerk EDA Minutes of November 17, 2025 Page 3 of 3 Page 6 of 36  ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO To: Economic Development Authority From: Deanna Kuennen, Community & Economic Development Director Department: EDA Subject: 2026 Minnesota Real Estate Journal (MREJ) Contract Meeting: Economic Development Authority - Jan 20 2026 INTRODUCTION: The MREJ is part of REjournals - the largest producer of commercial real estate content across the Midwest and Texas providing commercial real estate news, information, and networking that is both timely and local in 16 states. For the last three years, Team Farmington has presented at four (4) events, attended multiple real estate summits focused on targeted topics, and represented Farmington with a branded booth and specific marketing materials. The 2026 contract is a continuation allowing for enhanced marketing opportunities. DISCUSSION: Staff has worked with the MREJ to continue the marketing partnership that was launched in 2023. The 2026 contract provides the following:  Development of a rotating suite of ads to be published in the REJournal publications.  Banner ads on the MREJ website.  Editorial opportunities (unlimited).  Booths at events Farmington sponsors (minimum of 4).  List of attendees from sponsored events.  Speaking opportunities (minimum of 4).  Free passes to event. BUDGET IMPACT: $10,000 as identified in the 2026 EDA budget. ACTION REQUESTED: Authorize the Executive Director to execute the contract with MREJ for the 2026 Marketing Plan. ATTACHMENTS: 2026 Marketing Plan - City of Farmington Page 7 of 36 Page 8 of 36  Sponsorship Agreement Sponsor Name: City of Farmington Attn: Deanna Kuennen Address: 430 Third Street City/State/Zip: Farmington, MN 55024 Phone: (507) 333-0376 Email: dkuennen@farmingtonmn.gov This contract represents an agreement between Sponsor and Real Estate Publishing Corporation. ("REPC"), to sponsor the conference. Sponsor will pay REPC the amount stated below in exchange for the following promotional, public relations and marketing, including the following: Sponsorship Details Total S40 Sponsorship - Custom Event $ 10,000.00 2026 Marketing plan City of Farmington Ads – MREJ Team will work with Farmington Team to develop rotating ad suite to be included in the publication. Banner Ads on the MREJ website from time to time Editorial Opportunities – You can send as many articles as possible or PR and I will get it in Booth at events Farmington is a sponsor. List of Attendees from events Farmington is a sponsor. Speaking Opportunities Free Passes to events Grand Total: $ 10,000.00 Due to rising costs and our vendors requiring payment in advance, we are now requiring all sponsors pay in advance for all services. Therefore, any event sponsorships must be paid prior to the event date. We value you as a business partner and hope you understand this is necessary to continue to provide you with the services we are known for. To reserve this sponsorship, please return an authorized copy of this agreement via email to: Jay Kodytek Thank you, Jay Kodytek Signature: ___________________________________ Print Name:_________________________________ Date:_________________ Remittance Address: Real Estate Publishing Corporation, P.O. Box 75635, Chicago, IL 60675-5635 Payment is due upon executing this contract. In the event of cancellation, REPC reserves the right to pursue the cost of damages of the sponsorship in full. Contract is subject to additional terms and conditions relating to logo use, photography and event promotion; which can be found at resummits.com. Page 9 of 36  ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO To: Economic Development Authority From: Deanna Kuennen, Community & Economic Development Director Department: EDA Subject: Local Affordable Housing Aid (LAHA) Funds - Collaboration Discussion with Dakota County Community Development Agency Meeting: Economic Development Authority - Jan 20 2026 INTRODUCTION: On May 15, 2024, Governor Walz signed the $1.065 billion housing omnibus bill, creating Local Affordable Housing Aid (LAHA) that provides direct annual allocations of funds to Cities and Counties for the purpose of developing and preserving affordable housing. In March 2025, the City of Farmington entered into a joint powers agreement authorizing Dakota County Community Development Agency (CDA) to administer the City's local funds. The CDA has both the experience and capacity to administer these funds, as well as fulfill all reporting requirements. Maggie Dykes, Assistant Director of Community & Economic Development, will attend the EDA meeting to present an update on the funds allocated to date and formally request continuation of the collaboration for the 2025 LAHA funds. DISCUSSION: The housing omnibus bill signed by Governor Walz created a new 0.25 percent metro sales tax to fund rental assistance, as well as Local Affordable Housing Aid (LAHA) that provides direct annual allocations to metro Cities and Counties for the purpose of developing and preserving affordable housing. Funds can only be used for qualifying uses, Cities and Counties have three years to commit the funds and another year to fully spend the funds, and annual reporting began on December 1, 2025. In March 2025, the City of Farmington entered into a joint powers agreement with the Dakota County Community Development Agency (CDA) to administer the local LAHA funds. Che city was allocated $88,549.46 in 2024 LAHA funds and, per the agreement, those funds were to be use in Farmington for the following programs: 1. Home Improvement Loan Program (rehab program) 2. Radon Mitigation Grant Program - which will be paired with the rehab program Maggie Dykes, Assistant Director of Community & Economic Development will attend the EDA meeting to discuss the status of the 2024 LAHA funds and discuss opportunities for Page 10 of 36 continued collaboration for the 2025 LAHA funds. The City of Farmington's certified 2025 LAHA amount is $244,803.33. Attached is a report outlining the 2024 Farmington LAHA funds, and a summary of 2024 and 2025 LAHA allocations. ACTION REQUESTED: No action required. This is a discussion item only. The City Council will be asked to provide a formal response by March 27, 2026 regarding whether or not the City of Farmington will continue to collaborate with the CDA for the administration of the 2025 LAHA funds. ATTACHMENTS: LAHA.Collaboration.Memo.2025 LAHA Annual Allocations FINAL for Approval - DCCDA - Farmington LAHA Agreement.docx CDA Presentation Page 11 of 36 To: City of Farmington From: Dakota County Community Development Agency (CDA) Date: December 8, 2025 Re: 2025 Local Affordable Housing Aid (LAHA) Collaboration Thank you for your collaboration on the city’s 2024 Local Affordable Housing Aid (LAHA) funds. The City of Farmington entered a joint powers agreement with the CDA on March 25, 2025, to administer $88,549.46 of the city’s 2024 LAHA funds. To date, the CDA has obligated and expended the following Farmington LAHA funds: CDA 2024 Farmington $$ LAHA $$ LAHA # Households Activity LAHA funds Obligated Expended Served HO Rehab $79,694.46 $79,440.00 $27,575.00 4 Radon $ 8,855.00 $ 2,887.00 $ 2,887.00 3 The CDA collaborated with nine Dakota County cities to administer $1.3 million of 2024 LAHA funds on housing preservation projects. To date, the CDA has obligated 68 percent ($891,599.38) and expended 17 percent ($221,841.47) of the $1.3 million in nine months to 67 households. The ability to obligate the LAHA funds quickly is a testament to allocating funds to well implemented, high-demand housing programs for income eligible homeowners – the CDA’s Home Improvement Loan Program and Radon Mitigation Grant. As a reminder, 2024 LAHA funds must be obligated in three years (December 2027) and expended in four years (December 2028). The CDA will expend Farmington’s 2024 LAHA funds well before the December 2028 deadline. The CDA would like to build upon the success of 2024 and continue our collaboration with the 2025 LAHA funds administering two housing preservation programs on your behalf: 1) the Home Improvement Loan Program (HO Rehab program); and 2) the Radon Mitigation Grant program that will be paired with the HO Rehab program. The City of Farmington’s certified 2025 LAHA amount is $244,803.33. The City has three years to obligate these funds (December 2028) and expend in four years (December 2029). The CDA estimates we can realistically expend the entire 2025 allocation on the HO Rehab and Radon Mitigation Grant programs before the December 2029 expenditure deadline. 1 Page 12 of 36 LAHA funds cannot currently be used to pay for administrative expenses. The CDA will utilize current staff and add staff, as needed, to distribute LAHA funds. The use of LAHA for administration dollars will be tracked, evaluated, and advocated for at the State to be an eligible use. If statutory authority ever allows LAHA to be used for administrative expenses, the CDA will determine a formula and will amend agreements with cities. As an administrator of LAHA funds on behalf of the city partners, the CDA will be responsible for: administering the programs; appropriately allocating and expending LAHA funds on eligible uses; hiring and supervising staff; providing regular updates to city staff; and completing reporting requirements for the LAHA funds administered by the CDA. The CDA is requesting a formal response from cities no later than Friday, March 27, 2026, stating if the city will collaborate with the CDA for the 2025 LAHA funds. A formal response must be taken by the city elected officials in the form of a resolution. A sample resolution is attached for your consideration. After responses are received, CDA staff will work with city staff to update the joint powers agreement (JPA) exhibit to reflect the new funds. We look forward to working with your community on this important resource to improve existing housing stock in Dakota County. Please contact me at lalfson@dakotacda.org or 651-675-4467 if you have any questions. Best regards, Lisa Alfson Director of Community & Economic Development Attachment: Sample Resolution Attachment: 2025 LAHA certified amounts 2 Page 13 of 36 LOCAL AFFORDABLE HOUSING AID Dept Revenue Dept of Revenue Source: 7/8/24 7/1/25 FY2024 FY2025 Metropolitan County Aid $ 32,209,614 $ 85,413,859 State Rent Assistance $ 16,104,807 42,706,930 Metropolitan City Aid $ 16,104,807 42,706,930 Local Sales Tax Total $ 64,419,227 $ 170,827,719 Metropolitan City Aid FY2024 FY2025 % Increase Apple Valley $282,732.21 764,230.98 270% Burnsville $405,820.74 1,141,331.12 281% Eagan $346,610.91 891,647.99 257% Farmington $88,549.46 244,803.33 276% Hastings $114,387.44 284,519.48 249% Inver Grove Heights $200,443.29 491,911.00 245% Lakeville $229,464.59 635,458.47 277% Mendota Heights $43,876.81 123,621.61 282% Rosemount $85,047.80 232,874.92 274% South St. Paul $120,170.48 313,527.18 261% West St. Paul $178,000.86 455,854.70 256% Total City Aid $2,095,104.59 $5,579,780.78 266% Page 14 of 36  LOCAL AFFORDABLE HOUSING AID AGREEMENT between CITY of FARMINGTON and DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY THIS LOCAL .AFFORD OUSING AID AGREEMENT (the "Agreement") is entered into as of the�ay of � _'1.Ar® , 2025 by and between the City of Farmington, Minnesota (the "City"), 430 Third Street, Farmington, Minnesota 55024, a municipal corporation and political subdivision of the state of Minnesota, and the Dakota County Community Development Agency (the "CDA''), 1228 Town Centre Drive, Eagan, Minnesota 55123, a public body politic and corporate; also referred to as "Party" or "Parties." WHEREAS, the State of Minnesota created Local Affordable Housing Aid ("LAHA") under Minnesota Statutes, Section 477A.35, as may be amended, which established distributions to metropolitan area counties and tier I cities located in a metropolitan county for qualifying projects as defined in Section 477A.35, subd. 4 ("Qualifying Projects"). WHEREAS, the City desires to engage the CDA to receive the City's LAHA funds and administer Qualifying Projects on behalf of the City. WHEREAS, the CDA desires to serve in this role with its experience in and staffing of housing finance, preservation, and development. NOW, THEREFORE, in consideration of the mutual covenants and promises contained in this Agreement, the sufficiency is hereby acknowledged, it is agreed by and between the Parties as follows: 1. TERM. This Agreement shall commence as of the date written above and shall continue until all duties are fulfilled, unless sooner terminated under the terms of the Agreement. 2. DUTIES OF THE CDA. 2.1 Authorized to Act on Behalf of the City. The CDA shall act as the agent for the City to administer LAHA funds according to state statutes, laws, and rules. The CDA shall assume all duties and obligations that would otherwise be imposed upon the City, specifically: a. Spending the funds received under this Agreement on Qualifying Projects, including disbursements to the CDA, eligible individuals and subrecipients, as well as to contractors, affordable housing developers, and vendors, all after determining that the use meets all requirements of Qualifying Projects. b. Maintaining complete and accurate records of funds received and all disbursements. Page 15 of 36  0. Ensuring timely expenditure of LAHA funds by December 31 in the fourth year following the allocation of the funds by the Minnesota Department of Revenue. If funds cannot be spent on Qualifying Projects by the deadline due to factors outside of the control of the CDA, the CDA will work with the City to transfer funds to a local housing trust fund. (1. Preparing an annual report, as required starting December 1, 2025, under Minnesota Statutes, Section 477A.35, subd. 6(b). 2.2 Compliance. The CDA shall comply with all applicable state and local LAHA requirements. 2.3 Identi?cation and Use of LAHA Funds. a. All LAHA funds received and expended under this Agreement will be spent solely on Qualifying Projects de?ned under Minnesota Statutes, Section 477A.35, subd. 4. b. CDA will be responsible for the administration of those Qualifying Projects identi?ed in Exhibit A, in a manner satisfactory to the City and consistent with any required standards. USE OF FUNDS. 3.1 Qualifying Projects. Per Minnesota Statutes, Section 477A.35, a broad list of LAHA uses are de?ned as Qualifying Projects. The CDA has offered to administer on behalf of the City the LAHA collaboration Qualifying Projects identi?ed in Exhibit A. Exhibit A will be amended if there are changes to the list of Qualifying Projects in Minnesota Statutes or the CDA and the City agree to changes in the Qualifying Projects. 3.2 Allocation of LAHA Funds to CDA. The City will annually take formal action by resolution to allocate LAHA funds to the CDA for one, two, or all LAHA 4.1 4.2 B Thereceived Retention transfer right under to Parties needed,OF resolution, Transfer TRANSFER which including the this CDA FUNDS. of update ofbythe the rom LAHA CDA shall cooperate City. the will Agreement Funds. the The State will The submit CDA adjustment ongoing funds toto in update a Cityseparate the annually activities the and written CDA. of shall the CDA. shall Upon mutually LAHA from and deposit request transfer agree and account. deliver previous internalthe to upon for LAHA receipt of he maintainthe ?scal collaboration the annual the theLAHAamount, LAHA years. funds The City. CDA The funds CDA reserves authorizing Qualifying toin timing, funds shall speci?ed the Projects, as City and City. Exhibit received the maintain Page 16 of 36  appropriate records of LAHA funds. The CDA shall administer and disburse all LAHA funds in accordance with this Agreement. 4.3 Program Income. Program income is the gross income received by the CDA that was generated from the use of the City’s LAHA funds. The primary example is the payment of principal on loans made using LAHA funds. Any program income generated from LAHA funds will be classi?ed and distributed based on rules and guidance issued from the State as it becomes available. Any program income on hand at the end of the expiration of this Agreement or received after expiration of this Agreement shall be paid over to the City unless the City and the CDA have entered into subsequent agreements. 4.4 Funding Contingency. The CDA’s obligations under this Agreement are speci?cally contingent upon the disbursement of LAHA funds by the State and the City’s transfer of LAHA funds to the CDA. 4.5 CDA Expenses. Unless allowable as a Qualifying Project, administrative and salary expenses incurred by the CDA will be paid by the CDA’s special bene?t levy and/or program service fees. If/when administrative and salary expenses are eligible, such costs will be assessed proportionally amongst the City and other CDA LAHA collaboration parties. RECORDS AND REPORTS. 5.1 Records. The CDA shall maintain complete and accurate records of LAHA funds received and all disbursements. 5.2 Reports. The CDA shall prepare quarterly progress reports on the Qualifying Projects regarding project pipeline, project start and completion dates, amount spent on Qualifying Projects, and other information as requested. Identifying data for individual clients will be aggregated. The CDA shall 5.3 5.4 purposes Access papers, or Record theany shall to of maintain and Minnesota endof ofRecords. Retention. this Statutes, its Agreement. making records under the CDA Pursuant Section ofThe audits, records to agrees 16B.98, examinations, CDA that this authorizedrepresentatives areto ubd. Agreement excerpts, 8 to a Statutes, for and provide Minnesota directly access and the pertinent ny to its transcriptions. Section City, applicable minimum reports, of this Agreement l6C.05, designated requirements, ?nancial six (6) years thefor from CDAthe auditors, subd.5, documents, Page 17 of 36  INDEMNIFICATION. 6.1 The CDA agrees to hold harmless, indemnify, and defend the City, its of?cials, agents, and employees against any and all third-party claims of whatever nature, expenses (including attorneys’ fees), losses, damages or lawsuits for damages that arise as a result of the willful misconduct, negligent acts, errors, and/or omissions of the CDA in the performance of this Agreement. 6.2 Nothing in this Agreement (including, but not limited to, indemni?cation or insurance provisions) shall be deemed a waiver by either Party of the limits of liability set forth in Minnesota Statutes, Section 466.04 or a waiver of any available immunitiesor defenses. The CDA’s obligation to hold and save harmless in this Agreement shall be limited by the limitations on liability set forth in Minnesota Statutes, Section 466.04, as may be amended from time to time. 6.3 The CDA shall notify the City within ?ve (5) business days of actual receipt of any of the potential claims against the CDA that may arise as a consequence of any of the work or services performed or fumished by the CDA under the terms of this Agreement. TERMINATION. If the CDA materially fails to ful?ll its obligations under this Agreement, the City may suspend or terminate this Agreement upon written notice to the CDA specifying the reason for termination. If the Agreement is terminated, the CDA shall pay over any unexpended funds and program income to the City. The CDA shall no longer be responsible for reporting on LAHA funds. DATA PRIVACY. All data collected, created, received, maintained, disseminated, or used for any purposes in the course of the CDA’s performance under this Agreement is governed by the Minnesota Government Data Practices Act, Minnesota Statutes, Chapter 13 or any other applicable state statutes and any state rules adopted to implement LAHA, as well as state statutes and federal regulations on data privacy. The CDA agrees to abide by these statutes, rules, and regulations as they may be amended. DISPUTE RESOLUTION. In the event that a dispute arises between the Parties as to the interpretation or performance of this Agreement, then upon written request of either Party, to 10.1 effort Party GENERAL to may methods. responsible settle Compliance writing. local adopted If the statutes, the for with pertaining laws, commence dispute Parties PROVISIONS.an Laws. the the areto performance action Theare of governed mediation rules, Parties activities ordinances, through in unable to Dakota any shall resolve to and County contractors by this resolve abide theor other by District dispute now Agreement. Court. egulations theall The otherwise applicable unless alternative dispute, through in effect they CDA dispute these or shall every hereunder makestate, agreed federal, shall resolution methods, or be in either Page 18 of 36  10.2 Minnesota Law to Govern. This Agreement shall be governed by and construed in accordance with the substantive and procedural laws of the State of Minnesota, without giving effect to the principles of con?ict of laws. 10.3 Independent Contractor. The CDA is an independent contractor and nothing herein shall be construed to create the relationship of employer and employee or joint venture between the City and the CDA. The CDA shall at all times be free to exercise initiative, judgment, and discretion as to how best to provide the services pursuant to this Agreement. The CDA acknowledges and agrees that the CDA is not entitled to receive any of the bene?ts received by City employees and is not eligible for workers or reemployment compensation bene?ts. 10.4 Modi?cations. Any alternations, variations, modi?cations, or waivers of the provisions of this Agreement shall only be valid when they have been reduced to writing and signed by authorized representatives of the Parties. 10.5 Severability. The provisions of this Agreement shall be deemed severable. If any part of this Agreement is rendered void, invalid, or unenforceable, such rendering shall not affect the validity or enforceability of the remainder of this Agreement unless the part or parts which are void, invalid, or otherwise unenforceable shall substantiallyimpair the value of the entire Agreement with respect to either Party. 10.6 Survival of Terms. The following components of this Agreement will survive the termination or expiration of this Agreement: 4.4, 5.1, 5.2, 5.3, 6, 7, and 8. 10.7 Assignment. Neither Party may assign any interest in this Agreement without prior written consent of the other Party. Any non-approved transfer, assignment or conveyance shall be void. 10.8 Certi?cation and Signatures. a. Each Party certi?es and warrants that it has the legal authority to enter into and perform under this Agreement and that its governing body has authorized the execution and acceptance of this Agreement. b. Each person executing this Agreement on behalf of a Party certi?es and warrants that such person is duly and validly authorized to legally execute and bind the Party to the terms of this Agreement. c. Page 19 of 36 The Parties agree that electronic signatures to this Agreement shall be as 10.9 CDA be Rights and anthe deemed terms of concurrently under exercised election Remedies. or of All this such Agreement rights and separately, remedy and or by the to he exercise remedies law are of available exclusion to other ofany one and remedies. remedy cumulative either the may City or not shall be the  10.10 Notices. Notices required to be provided pursuant to this shall be provided to the following named persons and address unless oth instated this Agreement or in an amendment to this Agreement. er wi 10.11 Liaison. To assist the Parties in the day-to-day performance se thiAgree liaisons shall be designated by the City and the CDA. The Par sment, each keep ha other continually informed. At the time of the execution of Ag tiest ll the following persons are the designated liaisons: ree me For the City: nt, Deanna Kuennen Community & Economic Development Director 430 Third Street Farmington, MN 55024 dkuennen@fanningtonmnitpv (651) 280-6820 For the CDA: Lisa Alfson Director of Community & Economic Development 1228 Town Centre Drive Eagan, MN 55123 lall‘songmdakotacdaorg (651) 657-4467 Page 20 of 36  to be these have caused presents hereto IN TESTIMONY W EREOF, the executed. City of Farmington, Minnesota By: (7 Dated: Joshua Hoyt Its: Mayor By' 202g 0117. Dated: Shi RB c ler Its: City Clerk Page 21 of 36  By: By: D Count Community Development Agency Ton S Joe aky yIts: cDirector Its: rcofard ot Commissioners h a er tl er D at 3 2 2 2, 07 ,;- Page 22 of 36  EXHIBIT A TO SUBRECIPIENTAGREEMENT DAKOTA COUNTYCOMMUNITYDEVELOPMENTAGENCY (CDA) AND THE CITY OF FARMINGTON (City) Local Affordable Housing Aid (LAHA) funds will be committed to the following Qualifying Projects. CDA has offered to administer the following LAHA Collaboration Qualifying Projects on behalf of the City. 1. Expanded Single-FamilyHome Improvement Loan Program. Increase the number of loans made through the CDA’s Home Improvement Loan Program, which provides zero percent, deferred loans up to $35,000 for home improvement projects that prioritize health, safety, and structural integrity concerns. LAI—IAfunds will be administered in accordance with the Home Improvement Loan Program policy and procedures handbook, as periodically amended. Households at or below 80% of the Area Median Income (AMI) will be prioritized. If/when there are no priority households on the waiting list to be served, the CDA will then consider serving householdsabove 80% AMI to the maximum LAI-IAincome limit of l 15% AMI. 2. Radon Testing and Mitigation Grant Program. This grant program will provide free testing services to clients of the CDA’s Home Improvement Loan Program and will provide free mitigation systems for those clients whose homes have radon levels exceeding allowable levels, as determined by the US EnvironmentalProtection Agency. The CDA will discuss with City the expansion of the program to other eligible homeowners if there is interest and CDA staff capacity. As the Home Improvement Loan Program and the Radon Testing and Mitigation Grant Program serve the same clients, the CDA reserves the right to combine the funding for these two programs into one account to best serve the needs of clients. potential identifyand family preservation projects that single-family gapnew need gapand resources construction. ?nancing. ?nancing The for CDA will work with affordable the City residential to multi- Page 23 of 36  EXHIBIT B TO SUBRECIPIENTAGREEMENT DAKOTA COUNTY COMMUNITY D VELOPMENT AGENCY (CDA) AND THE CITY OF FARMINGTON (City) Local Affordable Housing Aid (LAHA) ?inds will be committed to the followingQualifying Projects. Exhibit B will be amended on an annual basis, or as needed, through the term of this Agreement. CURRENTYEAR ALLOCATION 2024 — All funds must be committed by December 31, 2027, and fully expended by December 31, 2028 — > Qualifying Project 1: HOME IMPROVEMENT LOAN PROGRAM Administered by CDA 0 Description:The Home Improvement Loan Program assists low and moderate-income homeownersin improvingand maintainingtheir homes in a decent, safe, and sanitary condition. The program offers deferred loans up to $35,000 with zero percent interest rates to homeownersearning 1 15 percent or below area median income, and prioritizing homeownerswith incomes at or below 80 percent area median income. 0 Schedule: Ongoing 0 Budget: $ 70,839.00 (90 percent of 2024 LAHA distribution to City) — > Qualifying Project 2: RADON TESTING AND MITIGATION GRANT PROGRAM Administeredby CDA 0 Description: The Radon Testing and Mitigation Grant Program assists clients of the Home Improvement Loan Program with free radon testing and installation of a mitigation system, if needed. Clients will receive free radon tests to be performed by professional radon testing providers. Clients whose homes have radon levels greater than 4.0 pCi/L (picocuries of radon per liter of air) will receive a mitigation system. Every effort will be 0 Schedule: Budget: $ 8,855.00 Ongoing (10 percent of LA A distributionto City) Page 24 of 36  Local Affordable Housing Aid (LAHA) Funds Update Farmington Economic Development Authority (EDA) January 20, 2026 Page 25 of 36  LAHA • Quarter-cent sales tax approved in 2023 • Formula-determined funding to metropolitan counties and cities exclusively for affordable housing • First LAHA funds arrived in calendar year 2024 • Qualifying Projects • Emergency Rental Assistance at or below 80% AMI • Financial Support to nonprofit housing providers • Affordable Housing Development & Financing • Operations and management of financially distressed residential properties Page 26 of 36 • Supportive services for supportive housing • Emergency shelter operations  Farmington – CDA LAHA Partnership • March 2025 - Farmington and CDA sign joint powers agreement (JPA) • CDA administers and spends Farmington LAHA funds on Qualifying Projects. • Maintain complete and accurate records of funds received and all disbursements. • Meet State expenditure deadlines. • Prepare annual report due December 1. • 2024 Uses: • Home Improvement Loan Program (HO Rehab) Page 27 of 36 • Radon Mitigation Grant Program (currently attached to HO Rehab clients)  Farmington 2024 LAHA funds 2024 City LAHA $$ LAHA # Committed to Obligated to Remaining Households CDA Rehab Client as LAHA $$ to $$ LAHA Served with CDA Activity Programs of 1/13/2026 Obligate Expended LAHA Funds Types of Projects Windows, Electrical panel replacement, HO Rehab $ 79,694.46 $ 79,440.00 $ 254.46 $ 27,575.00 Roof, Siding 5 Radon testing and installation of Radon $ 8,855.00 $ 3,087.00 $ 5,768.00 $ 3,087.00 mitigation systems Page 28 of 36  Before After Page 29 of 36 Deck Replacement Farmington, $10,000 Request • CDA requests to continue successful LAHA partnership with Farmington, seeking the City’s 2025 LAHA funds totaling $244,803.33 to continue to fund the Home Improvement Loan and Radon Mitigation Grant Programs. Page 30 of 36  Questions? Thank you! Page 31 of 36  ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO To: Economic Development Authority From: Stephanie Aman, Economic Development Coordinator Department: EDA Subject: Economic Development Website Proposed Updates Meeting: Economic Development Authority - Jan 20 2026 INTRODUCTION: Staff are updating the City of Farmington’s economic development webpages to make a more effective tool for attracting and supporting businesses. The current site lacks easy navigation and comprehensive information, which could discourage potential investors and limit resources for existing businesses. DISCUSSION: By revamping the site, we will:  Improve usability with a clear structure and intuitive navigation.  Provide robust, up-to-date content on incentives, available properties, workforce data, and success stories.  Showcase Farmington’s strengths through testimonials, accolades, and strategic initiatives.  Support business growth by centralizing resources for startups, retention, and workforce development. This update positions Farmington as a business-friendly, forward-thinking community and ensures that our online presence reflects the opportunities and support Farmington offers. This proposed framework for the updated site is meant to be a guide and is not all- inclusive. ACTION REQUESTED: Review the proposed Economic Development website framework and provide comments as appropriate. ATTACHMENTS: webpage redo mapping Page 32 of 36  Economic Development Website Revamp 1 Why Farmington Highlight Farmington’s unique advantages and community appeal Community Business Strengths Overview of location advantages (MSP, major high- ways, active business community) Testimonials Video clips, quotes from local businesses Awards, Rankings & Accolades Industry and people that have been recognized in their field or by professional organizations 2 Business Support Incentives & Grants TIF, tax abatement, local grant opportunities & Resources Business Retention Programs Information on scheduling a visit and outreach for current business owners Provide tools and programs for business Startup & New Business Support Dialogue and links to state and regional start up resources success Information on city requirements (zoning, inspections,etc) Workforce Development & Training Partnership with local colleges Training programs with various partners (DEED,Library, etc) Small Business Resources SBA resources/Open to Business Farmington Small Business Group/networking events 3 Interactive Map Available Sites & Properties GIS based map showing available properties - commercial and industrial Site readiness Make property searches easy and Completed AUAR/environmental work transparent LOIS Information Feed to our sites in ‘flat’ way it is presented now to keep the familiar tone Contact for Site Tours A fillable form for new or existing businesses to Page 33 of 36 contact the CED team to request a tour, or information on the community  4 Key Industries & Demographics Provide data for informed decision making Top 10 Employers by Size Visual with company names and employee counts Industry Cluster Information Visual with cluster mapping Overview of key sectors Data & Census Dashboard Interactive dashboard (from census.gov) with population, income and workforce statistics 5 Success Stories Showcase real-world examples of business success in Farmington Business Interviews, Stories & Videos Linkback to testimonials and any additional videos here Profiles of thriving businesses, impact on the community Impact Highlights on Farmington Economic contribution, job creation, community engagement and other pertinent metrics 6 Economic Development Workplan Strategic Plans & Current goals and priorities for business development Grocery study information Initiatives AUAR information City Strategic Plan Demonstrate Farmington’s vision and Links to current and future city plans showing vision for growth and sustainability commitment to planned growth Green Steps Sustainability Links to city and county initiatives for things like recycling, tree planting, etc Education Opportunities City supported education opportunities Partner organization educational opportunities 7 Partner Organizations Connect businesses to regional and state resources Links & Information Dakota County CDA, Chamber of Commerce, DEED, Open to Business, other regional economic develop- ment groups Page 34 of 36  ECONOMIC DEVELOPMENT AUTHORITY AGENDA MEMO To: Economic Development Authority From: Deanna Kuennen, Community & Economic Development Director Department: EDA Subject: Director's Report Meeting: Economic Development Authority - Jan 20 2026 INTRODUCTION: Attached please find a summary of economic development activities. Additional details regarding some of the activity may be highlighted separately in the EDA packet. DISCUSSION: Attached please find a summary of recent economic development activities. Staff will be available to answer questions. ACTION REQUESTED: No action requested. This item is informational and is provided to communicate how the EDA time and money resources are allocated and to track and measure the impact of initiatives. ATTACHMENTS: 01-2026 meeting Page 35 of 36  DIRECTOR’S REPORT – providing project highlights and a summary of economic development activity. What’s to • Updating the 2026 EDA Work Plan – to be presented at the February meeting. Come in • Website Updates – for easier navigation and to serve as a business 2026 attraction/retention tool • Developer Meetings and Follow Up – continuing the current meeting momentum and cadence • Ribbon Cuttings – working with video communications staff to enhance the ribbon cutting experience with a video component • Partnership Meetings – currently scheduling partner presentations for upcoming EDA meetings • Marketing – Updating marketing materials to include mapping products and new offerings for targeted audiences • Comp Plan 2050 – active involvement with the Comp Plan 2050 process • Outreach – identifying and attending new organizations/meetings/events to expand Unexpectedly BOLD brand reach Page 36 of 36