EDA Meeting 07.14.2025
Wednesday, August 13, 2025
Approval of Minutes
Approval of Agenda
Consensus to list 3815 Bridge Street (eshop site) for sale
Amendment of Purchase Agreement with Northshore
Education and discussion regarding Tax Increment Financing (TIF) and affordable housing
Developer and community outreach strategies
Areas of Interest (5)
- The city is struggling to move city-owned parcels, leading to creative sales tactics and price reassessments.
- Tensions exist between city commissioners and residents regarding development, TIF funding, and public communication.
- Commissioners discussed the need to combat 'fear-based' opposition to multi-family housing and TIF incentives.
- Concerns over traffic and bridge accessibility at 3815 Bridge Street are impacting its marketability.
- The commission is considering strategies to educate the public on the difference between market-rate housing and Section 8.
Votes (4)
Approve minutes from 21925
Moved by Unnamed Commissioner · Seconded by Unnamed Commissioner
Approve tonight's agenda
Moved by Unnamed Commissioner · Seconded by Unnamed Commissioner
Accept the real property listing for 3815 Bridge Street
Moved by Unnamed Commissioner · Seconded by Unnamed Commissioner
Amend the purchase agreement with Northshore to extend due diligence
Moved by Unnamed Commissioner · Seconded by Unnamed Commissioner
Notable Quotes (2)
If you put free and nobody wants it. You put $5 and somebody steals it type of thing.
So, is it possible that it could be reszoned to put multi housing in there?
People (3)
KateStaff/Economic Development CoordinatorProvides status updates on city-owned properties and development projects.
Provides status updates on city-owned properties and development projects.
JoeCommissionerAdvocates for transparency and resident education on development incentives like TIF.
1 quote
Advocates for transparency and resident education on development incentives like TIF.
“If you put free and nobody wants it. You put $5 and somebody steals it type of thing.”
Explaining the logic of setting market prices for city-owned land.
AmyCommissioner/Council MemberQuestions project details and supports increased public education efforts.
Questions project details and supports increased public education efforts.
Places Mentioned
Events & Meetings (1)
- Economic Development Authority Meeting