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

CarriedN/A

Moved by Unnamed Commissioner · Seconded by Unnamed Commissioner

Approve tonight's agenda

CarriedN/A

Moved by Unnamed Commissioner · Seconded by Unnamed Commissioner

Accept the real property listing for 3815 Bridge Street

CarriedN/A

Moved by Unnamed Commissioner · Seconded by Unnamed Commissioner

Amend the purchase agreement with Northshore to extend due diligence

CarriedN/A

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.

— Joe
Land saleCommenting on the pricing strategy for city-owned property.

So, is it possible that it could be reszoned to put multi housing in there?

— Amy
ZoningAsking about alternative uses for commercial land.

People (3)

KateStaff/Economic Development Coordinator

Provides status updates on city-owned properties and development projects.

JoeCommissioner

Advocates for transparency and resident education on development incentives like TIF.

1 quote

“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 Member

Questions project details and supports increased public education efforts.

Places Mentioned

3815 Bridge Street (eshop site)Rum River InnBridge StreetSt. Francis

Events & Meetings (1)

  • Economic Development Authority Meeting
View Source
EDA Meeting 07.14.2025 - St Francis Recorder