City of Bloomington — Transcript

Wednesday, July 22, 2026Analysis complete

5 Topics in This Document

Mall of America Redevelopment Contract Extension

External Auditor's Report for 2025

Small Business Assistance Grant Program Review

Sewer Availability Charge (SAC) Programs Update

Administrator Updates and City Development Projects

Full Extraction
Motion carries 4-2 against (4 in favor, 2 opposed)
Motion carries 6-0 (Unanimously approved)

This is the second amendment of this version of the contract and it recognizes pandemic impacts to the redevelopment of the property is outlined in the staff report. The contract language does provide for extensions under certain circumstances that are unavoidable delays and in this case those delays include epidemics, government actions and force closures.

Holly/Port Authority Commissioner [N/A]Second Amendment to the 2016 Master Redevelopment Contract for Private Redevelopment of Land with MAC Land Holdings

I don't have any questions. Just um as was alluded to, we looked at this last night as city council passed it unanimously. Um, I don't think there was a great discussion because it seems like a pretty straightforward issue to me that we just uh this is just an extension as we work together uh to get things done.

Commissioner Nelson [N/A]Second Amendment to the 2016 Master Redevelopment Contract for Private Redevelopment of Land with MAC Land Holdings

I watched that last night and all due respect to Mr. Nelson, the spending of $180 million is not preuncter or straightforward. I don't think I don't think it ever has been... I just don't think there's anything straightforward about this at all. Uh I think it's turned into a neverending project. I think it's got a fatigue factor to it.

Commissioner LZ [N/A]Second Amendment to the 2016 Master Redevelopment Contract for Private Redevelopment of Land with MAC Land Holdings

The result, we issued a clean opinion or an unmodified opinion, and that's the highest level of opinion you can receive.

Andy Herring [N/A]External Auditor's Report on the Port Authority's 2025 Year-End Financials

Thankfully, we did not uh come across any instances of for sure instances of fraud or anything that we suspected there to be fraud or any suspicions or allegations of that kind.

Andy Herring [N/A]External Auditor's Report on the Port Authority's 2025 Year-End Financials