RecordingTranscript availableAnalysis ready65:35

Edina Housing & Redevelopment Authority Meeting / Aug. 14 2025

Edina City CouncilFriday, August 15, 2025
Watch on original source

Approval of meeting agenda

Community comment session

Approval of consent agenda

Selection of development team for former public works site

Resolution 2025-05: Interfund loan for Highway 100/Vernon Road project

Full Document Analysis

Votes (3)

Approve meeting agenda

CarriedNot specified

Moved by Commissioner Jackson · Seconded by Commissioner Pierce

Adopt consent agenda items

CarriedNot specified

Moved by Commissioner Jackson · Seconded by Commissioner Pierce

Recognize Hemple/Monarch/Jester/ROS as preferred developer and authorize contract prep

CarriedNot specified

Moved by Commissioner Jackson · Seconded by Commissioner Pierce

Notable Quotes (3)

This is a two-step process. In your consent agenda, you just transferred the ownership of the land from the HRA to the city.

— Bill Nuendorf
Redevelopment ProcessDescribing the transition of land control for the Eden Avenue project.

This one overall just kept scoring higher than the others in every way I looked at it.

— Commissioner Jackson
Developer SelectionJustifying the choice of the Hemple/Monarch/Jester/ROS development team.

We won't have to the amount of debt we issue for the bridge is lesser. Impact on the tax levy is lesser. Impact on the taxpayer is reduced.

— Bill Nuendorf
FinanceExplaining the benefit of the interfund loan for the bridge project.

People (8)

Scott NeilExecutive Director

Calls roll and manages procedural duties for the HRA.

Bill NuendorfEconomic Development Manager

Leads development team selection and presents financial resolutions.

1 quote

“The project would be primarily market rate... but per city policy, 10% of the units would be priced for sale to be affordable.”

Explaining the housing concept for the Eden Avenue site.

Bill CaterRepresentative

Member of the Hemple Real Estate team present at the meeting.

Chair HlandChair

Presides over the meeting and facilitates commissioner discussions.

Commissioner JacksonCommissioner

Participates in voting and questions regarding developer selection and affordable housing.

Commissioner PierceCommissioner

Participates in discussions regarding the HRA consent agenda and funding.

Commissioner RisserCommissioner

Questions the financial mechanics of the proposed interfund loan.

Mr. KendallStaff/Legal Counsel

Provides guidance on legal processes and regulatory development review.

Places Mentioned

5146 Eden AvenueHighway 100Jerry's Foods (near site)Vernon Road50th StreetCentennial Lakes ParkEden Wilson TIFF district

Events & Meetings (1)

  • Thursday, August 14th, 2025, 7:32 a.m.

Ordinances & Resolutions (1)

2025-05

Resolution seeking an interfund loan of $1.5 million from Centennial Lakes Fund for Highway 100/Vernon Road interchange project.

Transcript