EDA 05 28 2024

ECONOMIC DEVELOPMENT AUTHORITY
REGULAR MEETING AGENDA
12:00 P.M., (Noon) Tuesday, May 28, 2024
East Grand Forks City Hall, 600 DeMers Ave NW
Training Room - First Floor South Wing
East Grand Forks, MN
The mission of the Economic Development Authority is to maintain and improve the economic vitality of East
Grand Forks by doing the following:
• By retaining & growing local businesses
• By creating & supporting investment & growth opportunities for commercial activities
• By creating & supporting opportunities for residential growth, including workforce housing
• By working to develop a workforce capable of meeting current & future needs of local employers.
REGULAR MEETING
1. Roll Call: President Grinde, Board Members Black, Hecht, Helms, Horken, Larson, Stai
2. Approval of minutes
a. April 16, 2024, Regular Meeting
3. Bills and Communications
a. Review of Accounts Payable: May 7, 2024; May 21, 2024
4. Reports
a. Delinquencies Update: none
b. Director’s Reports: April 2024
c. Financial Reports: March/April 2024
5. Unfinished Business
a. Builder Incentives update: $100,000 Builder Incentive Program reinstated
6. New Business
a. New American Integration Center Loan Application
b. Commercial and Industrial Corridor Curb Appeal Program, including City entrances
c. Minnesota Business Finance Corporation $1500 Grant to EDA
7. Adjournment