Economic Development Authority Meeting

ECONOMIC DEVELOPMENT AUTHORITY MEETING AGENDA City of New Prague Wednesday, October 08, 2025 at 7:30 AM City Hall Council Chambers - 118 Central Ave N 1. CALL TO ORDER 2. CONSENT AGENDA a. September 10, 2025 EDA Meeting Minutes b. Claims for Payment: $1,755.05 3. LEASE REVENUE BONDS, SERIES 2025C, POLICE STATION a. Resolution #25-10-08-01 - Awarding the Sale of Lease Revenue Bonds, Series 2025C and Approving the Execution and Delivery of Lease Documents b. EDA 2025C Ground Lease c. EDA 2025C Lease-Purchase Agreement 4. BUSINESS RETENTION AND EXPANSION (BR&E) PROGRAM 5. BUSINESS UPDATES a. October 2025 6. CDA UPDATE 7. SCHOOL DISTRICT UPDATE 8. EXECUTIVE DIRECTORS REPORT 9. MISCELLANEOUS 10. ADJOURNMENT Next Meeting: Wednesday, November 12, 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 Troy Pint, Vice President Term Ending 5/31/27 Eric Krogman, Secretary Term Ending 5/31/31 Nick Slavik Term Ending 5/31/30 Austin Reville Term Ending 5/31/29 Charles Nickolay, Mayor Bruce Wolf, Councilmember Joshua Tetzlaff, City Administrator & Executive Director