CompletedEconomic Development Authority

Update on Grant/Loan Programs. Review and Consider Approval of 2026 Accessibility Improvement Program Grant Awardees. Review and Consider Approval of $25,000 CBD Renovation/ Enhancement Loan for 224 S MN Ave. Review and Consider Approval of a $129,000 loa

Economic Development Authority

Date: Thursday, June 4, 2026 at 12:00 AMActual: Thursday, June 4, 2026 at 12:00 AM

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Minutes

Minutes

Published Thursday, June 4, 2026

Agenda

Update on Grant/Loan Programs. Review and Consider Approval of 2026 Accessibility Improvement Program Grant Awardees. Review and Consider Approval of $25,000 CBD Renovation/ Enhancement Loan for 224 S MN Ave. Review and Consider Approval of a $129,000 loa

Published Thursday, June 4, 2026

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--- ## author: Russ Wille date: D:20260529095632-05'00' --- ## CIT ## Y OF SAINT PETER ## AGENDA & NOTICE OF REGULAR MEETING ## ECONOMIC DEVELOPMENT AUTHORITY ## THURSDA ## Y, JUNE 4, 2026 - 12:00 PM ## GOVERNORS ROOM – ST PETER COMMUNITY CENTER ## I.CALL ## TO ORDER ## II.APPROVAL OF AGENDA ## III.AP ## PROVAL OF MINUTES A.March 26, 2026 ## IV.OLD ## / UNFINISHED BUSINESS A.Update - Potential Central Business District (CBD) Sidewalk & Pavement ## Improvement Program B.Update - Status of the 2025 Accessibility Improvement Grant Projects ## V.NEW BUSINESS ## A.Review and Consider Approval of the 2026 Accessibility Improvement ## Program Grant Awardees ## B.Review and Consider Approval of $25,000 CBD Renovation / Enhancement Loan for 224 S Minnesota Avenue (Erbert & Gerberts / Reflections Salon ## Property) C.Review and Consider Approval of a $129,000 Revolving Loan for 301 S ## Minnesota Avenue (River Rock Coffee & Tea) ## D.Review and Consider Approval of a $10,000 Unforeseen Circumstances ## Micro Loan for 814 N Minnesota Avenue (El Agave Restaurant) ## E.Review and Consider Approval of a $10,000 Unforeseen Circumstances Micro Loan for 219 Park Row (River Rock Kitchen & Baking Co) ## F.Review and Consider Approval of a $10,000 Unforeseen Circumstances ## Micro Loan for 108 S Minnesota Avenue (Paddlefish Brewing Co) ## VI.REP ## ORTS ## A.Revolving Loan Fund Report ## B.COVID-19 Hospitality Assistance Program Report ## C. City Updates & Projects ## VII.ADJ ## OURNMENT ## Ben Bak er ## Director of Community Development 1 ## CITY OF SAINT PETER, MINNESOTA ## ECONOMIC DEVELOPMENT AUTHORITY ## MEETING MINUTES – MARCH 26, 2026 ## SAINT PETER ROOM – SAINT PETER COMMUNITY CENTER The meeti ng of the Saint Peter Economic Development Authority (EDA) was called to order at approximately 12:00 pm by EDA President Julie Fredrickson. Roll call was taken with members Fredrickson, Keri Johnson, Ayan Omar, Bob Southworth, and Cory Abels present. Member Josh Weisenfeld was absent. Member Nate Newhouse arrived at 12:09 pm. City staff present was ## Community Development Director Ben Baker, Community Development Specialist Hayden Lacher, Community Development Specialist Laura Sunnarborg, and Finance Director Perry Solheim. ## Approval of Agenda A mot ion was made by Johnson, seconded by Abels to approve the agenda as presented. All members voting aye, the agenda was approved. ## Approval of Minutes A mot ion was made by Omar, seconded by Johnson to approve the minutes from the February 26, 2026 meeting. All members voting aye, the minutes were approved. ## Status of CBD Renovation/ Accessibility Enhancement Loans for: ## •301 S. Minnesota Avenue (River Rock Coffee Building), and ## •401 S. Minnesota Avenue (Saint Peter Thrift Store) ## Baker reported that loan checks for both properties were ready for pickup at City Hall. Update on t ## he 2026 Accessibility Improvement Grant Program Baker no ted that staff sent over 300 letters to local businesses…

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