Economic Development Authority Meeting

ECONOMIC DEVELOPMENT AUTHORITY MEETING AGENDA City of New Prague Wednesday, December 11, 2024 at 7:30 AM City Hall Council Chambers - 118 Central Ave N 1. CALL TO ORDER 2. CONSENT AGENDA a. November 13, 2024, EDA Meeting Minutes November 13, 2024, EDA Meeting Minutes - Closed b. Claims for Payment: $326.60 3. FUTURE EDA ENDEAVORS a. December 11, 2024 4. BUSINESS RETENTION AND EXPANSION (BR&E) PROGRAM 5. BUSINESS UPDATES a. December 2024 6. MINNESOTA CITY PARTICIPATION PROGRAM a. 2024 Final Usage Report 7. UTILIZING SMALL CITIES DEVELOPMENT PROGRAM (SCPD) INCOME a. Program Income Fact Sheet 8. CDA UPDATE 9. SCHOOL DISTRICT UPDATE 10. EXECUTIVE DIRECTORS REPORT 11. MISCELLANEOUS 12. ADJOURNMENT Next Meeting: Wednesday, January 8, 2025 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