## Agenda Page 1 ## AGENDA ## CHASKA ECONOMIC DEVELOPMENT AUTHORITY ## CHASKA CITY HALL - COUNCIL CHAMBERS & ZOOM Monday, August 3, 2026 ## IMMEDIATELY FOLLOWING CITY COUNCIL MEETING 1. Call to Order ## 2. Roll Call ## 3. Adopt Agenda ## 4. Approve Previous Meeting Minutes 4.A. Meeting Minutes 07-20-2026 ## 5. Discussion Items 5.A. Adopt Resolution EDA 2026-71 Calling for a Public Hearing on the ## Establishment of TIF District No. 26 (Big Woods Business Park) ## 6. Other Business 7. Adjourn Page 1 of 6 ## DRAFT ## - MINUTES - ## CHASKA ECONOMIC DEVELOPMENT AUTHORITY ## JULY 20, 2026 1. Call to Order The meeting was called to order by President Hubbard at 9:20 p.m. ## 2. Roll Call Roll call was taken. Present: President Pro Tem Grau and Commissioners Benesh, Hatfield, and Sheveland. Absent: President Hubbard. Also Present: Matt Podhradsky, Executive Director and Elise Durbin, Assistant Executive Director. ## 3. Adopt Agenda Motion by Commissioner Hatfield, second by Commissioner Benesh to adopt the agenda as presented. Motion carried. ## 4. Approve Previous Meeting Minutes 4.A. Meeting Minutes 06/15/2026 Motion by Commissioner Sheveland, second by Commissioner Hatfield to approve the minutes from June 15, 2026. Motion carried. ## 5. Discussion Items 5.A. Authorize Letter of Intent for TIF Assistance for the Proposed Big Woods Business Park ## Project Executive Director Podhradsky recommended approval by EDA. Motion by Commissioner Benesh, second by President Pro Tem Grau to authorize the EDA Executive Director to execute the Letter of Intent for TIF assistance to the proposed Big Woods Business Park Project. Motion carried. ## 6. Other Business 7. Adjourn Motion by Commissioner Hatfield, second by Commissioner Sheveland to adjourn the meeting at 9:21 p.m. Motion carried. Page 2 of 6 Subject: Adopt Resolution 2026-71 Calling for a Public Hearing on the ## Establishment of TIF District No 26 (Big Woods Business Park) ## Prepared By: Julie Grove, Economic Development Coordinator ## Background On June 15, 2026, the City Council approved the Big Woods Business Park (North) Phase I Preliminary Site & Building Plan, Preliminary Plat & Comprehensive Plan Amendment for a 218,000 square foot distribution center and Phase I public improvements including road infrastructure, utilities, trails and grading for the entire north business park located in the SW Chaska. City Council is expected to consider the final Site and Building Plan in August 2026. Construction is anticipated to begin in the fall of 2026. To help make the construction of the public improvements financially feasible, the developer, Scannell Properties, has submitted an application requesting Tax Increment Financing (TIF) assistance. In order, to construct the project, the developer must make significant upfront investments in public infrastructure, including new roads, utility extensions, mass grading and…