Economic Development Authority

Maple Grove Economic Development Authority meeting minutes December 20, 2021 Call to order Pursuant to call and notice thereof, an Economic Development Authority meeting of the Maple Grove City Council was held at 7:30 p.m. on December 20, 2021 at the Maple Grove Government Center/Public Safety Facility, Hennepin County, Minnesota. Members present were President Mark Steffenson (attending remotely via WebEx), Vice President Karen Jaeger, Secretary Heidi Nelson, Treasurer Judy Hanson, and Commissioners Phil Leith and Kristy Barnett. Absent was none. Present also were Joe Hogeboom, Community and Economic Development Director; Peter Vickerman, Planning Manager; Greg Sticha, Finance Director; Ken Ashfeld, Director of Public Works/City Engineer; and Justin Templin, City Attorney. President Steffenson called the meeting to order at 9:15 p.m. Approval of Motion by Commissioner Leith, seconded by Treasurer Hanson, to September 20, approve the September 20, 2021 Economic Development Authority 2021 minutes meeting minutes. Upon call of the motion by President Steffenson, and a roll call vote, there were five ayes and no nays. Motion carried. Adopt 2022 Finance Director Sticha requested the EDA adopt the 2022 senior housing Senior Housing budget and scattered site budget. He explained this program included 88 Budget and units of senior apartments along with 28 EDA owned single family or twin Scattered Site homes. Budget Motion by Commissioner Barnett, seconded by Treasurer Hanson, to approve adopting the 2022 senior housing (Woodland Mounds) and scattered site budgets. Treasurer Hanson questioned how much the budget would increase rent in 2022. Finance Director Sticha commented the Woodland Mounds rent increases would be 2% for market rate units, 0% for affordable units and 5% for new tenants. It was noted the scattered site homes do not include rent increases for 2022. Vice President Jaeger stated she would like to know how much of an increase the 2% would be for the market rate units. Finance Director Sticha reported he did not have those numbers in front of him. City Administrator Nelson estimated the rental rates ranged from $600 to $700 per month which meant these residents would be seeing an approximate $14 per month increase. Maple Grove EDA minutes December 20, 2021 Page 2 Councilmember Jaeger stated this increase may impact some of the residents adversely. Mayor Steffenson questioned how much social security was going up in 2022. Councilmember Barnett reported social security would be increasing by 5.9% in 2022. Upon call of the motion by President Steffenson, and a roll call vote, there were five ayes and no nays. Motion carried. Adopt 2022 Finance Director Sticha requested the Council adopt the EDA/HRA budget EDA/HRA Budget and tax levy. He reported the levy would remain at $150,000 as was and Tax Levy approved in previous years and would assist with scattered site housing programming. Motion by Treasurer Hanson, seconded by Commissioner Barnett, to approve adopting EDA Resolution No. 32 adopting for 2022 the EDA budget and setting a tax levy for 2022. Upon call of the motion by President Steffenson, and a roll call vote, there were five ayes and no nays. Motion carried. Adjournment Motion by Commissioner Barnett, seconded by Treasurer Hanson, to adjourn to the City Council meeting. Upon call of the motion by President Steffenson, and a roll call vote, there were five ayes and no nays. Motion carried. The meeting was adjourned at 9:24 p.m. by President Steffenson. Respectfully submitted, Heidi Nelson EDA Secretary