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HomeMy WebLinkAbout2023.11.27 EDAM REGULAR SESSION11/27/23 -1- DRAFT MINUTES OF THE PROCEEDINGS OF THE ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA REGULAR SESSION NOVEMBER 27, 2023 CITY HALL – COUNCIL CHAMBERS 1. CALL TO ORDER The Brooklyn Center Economic Development Authority (EDA) met in Regular Session called to order by President Pro Tem Butler at 8:33 p.m. 2. ROLL CALL President Pro Tem Marquita Butler and Dan Jerzak and Teneshia Kragness. President April Graves and Commissioner Kris Lawrence-Anderson were absent and excused. Also present were City Manager Reggie Edwards, City Clerk Barb Suciu, and City Attorney Jason Hill. 3. APPROVAL OF AGENDA AND CONSENT AGENDA Commissioner Jerzak moved and Commissioner Kragness seconded to approve the Agenda and Consent Agenda, and the following item was approved: 3a. APPROVAL OF MINUTES 1. October 20, 2023 – Regular Session Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEMS 4a. RESOLUTION APPROVING A PAYMENT PLAN FOR THE PROMISSORY NOTE FOR THE LOAN TO PHU BIA PRODUCE LIMITED LIABILITY COMPANY FROM THE EDA REVOLVING LOAN FUND Commissioner Jerzak moved and Commissioner Kragness seconded to adopt a Resolution Approving a Payment Plan for the Promissory Note for the Loan to Phu Bia Produce Limited Liability Company from the EDA Revolving Loan Fund. Motion passed unanimously. 11/27/23 -2- DRAFT 5. ADJOURNMENT President Pro Tem Butler moved and Commissioner Kragness seconded adjournment of the Economic Development Authority meeting at 8:34 p.m. Motion passed unanimously.