Economic Development Authority Meeting

ECONOMIC DEVELOPMENT AUTHORITY MEETING AGENDA City of New Prague Wednesday, August 14, 2024 at 7:30 AM City Hall Council Chambers - 118 Central Ave N 1. CALL TO ORDER 2. CONSENT AGENDA a. July 10, 2024, EDA Meeting Minutes b. Claims for Payment: $21.23 3. FUTURE EDA ENDEAVORS a. August 14th, Future Endeavors 4. 2025 BUDGET REVIEW a. 2025 Budget Memo b. Proposed 2025 Budget 5. BUSINESS RETENTION AND EXPANSION (BR&E) PROGRAM 6. BUSINESS UPDATES a. August 2024 7. CDA UPDATE 8. SCHOOL DISTRICT UPDATE 9. EXECUTIVE DIRECTORS REPORT 10. MISCELLANEOUS 11. ADJOURNMENT Next Meeting: Wednesday, September 11, 2024 OUR MISSION IS TO PROMOTE AND FACILITATE ECONOMIC DEVELOPMENT IN THE NEW PRAGUE AREA: * Strengthen existing businesses and non-profits * * Create an environment conducive to new economic development * * Create long term funding strategy * Brent Quast, President Term Ending 5/31/26 (*Partial Term) Troy Pint, Vice President Term Ending 5/31/27 Eric Krogman, Secretary Term Ending 5/31/25 Nick Slavik Term Ending 5/31/24 Austin Reville Term Ending 5/31/29 Duane Jirik, Mayor Bruce Wolf, Councilmember Joshua Tetzlaff, City Administrator & Executive Director