--- ## author: Caryn Dunderi date: D:20260807105332-05'00' --- Regarding Public Hearings: Anyone interested in a scheduled public hearing is encouraged to attend and comment at the Public Hearing. If you are unable to attend and wish to comment, please provide written comment to the Community Development Director, Jacob Sanders at 12060 Sherburne Ave SE, Becker, MN 55308 or by email to jsanders@beckermn.gov. Comments must be received by 4:30 p.m. the day of the scheduled Economic Development Authority meeting. Thank you! ## City of Becker ## Economic Development Authority ## Becker City Hall Council Chambers 12060 ## Sherburne Avenue Monday, August 10, 2026 ## 5:30 PM ## Revised Agenda 5: 30 pm 1.Call Meeting to Order 2.Approval of Agenda 3.Approval of the Minutes a.July 13, 2026 4.Guests and Open Forum 5.City owned Property Discussion ## 6.Housing Study Update 7.Updates a.Planning b .Other 8.Adjourn ## ECONOMIC DEVELOPMENT AUTHORITY ## MINUTES OF JULY 13, 2026 Pursuant to due call and notice thereof, an Economic Development Authority meeting was held on June 8, 2026, at 5:30 p.m. in the City Hall Council Chambers. ## MEMBERS PRESENT: Kathy Hollenhorst, Paige Krumme, Andy Voller, Robin Dingmann, ## Mark Kolbinger ## MEMBERS ABSENT: OTHERS PRESENT: Jacob Sanders – Community Development Director, Caryn Dunderi – ## EDA Secretary Hollenhorst called the meeting to order at 5:30 p.m. with a quorum present. ## APPROVAL OF AGENDA ## A MOTION WAS MADE BY KRUMME TO APPROVE THE AGENDA. THE MOTION ## WAS SECONDED BY VOLLER. UPON VOTE BEING TAKEN THE FOLLOWING ## VOTED: ## AYE: HOLLENHORST, KRUMME, VOLLER, DINGMANN, KOLBINGER ## NAY: NONE ## MOTION CARRIED ## APPROVAL OF MINUTES OF PREVIOUS MEETING ## A MOTION WAS MADE BY DINGMANN TO APPROVE THE MINUTES FROM THE ## JUNE 8, 2026 MEETING. THE MOTION WAS SECONDED BY KRUMME. UPON ## VOTE BEING TAKEN THE FOLLOWING VOTED: ## AYE: HOLLENHORST, KRUMME, VOLLER, DINGMANN, KOLBINGER ## NAY: NONE ## MOTION CARRIED ## GUESTS AND OPEN FORUM: None. ## CITY OWNED PROPERTY DISCUSSION: Sanders reported that staff had sent a purchase agreement to B&B Towing for the city-owned parcel located on Liberty Lane and Highway 10. Staff has reached out several times to request the potential purchaser's comments or proposed edits to the agreement but has not received a response. Mayor Kolbinger contacted the owner of B&B Towing, who confirmed that he remains interested in purchasing the property and in learning about any incentives the city may be able to offer. The EDA discussed potential incentives, including tax increment financing (TIF), tax abatement, a reduction in the purchase price, and establishing a deadline for returning the signed purchase agreement. Board members agreed that TIF, tax abatement, and a land price reduction were not favorable options. The EDA asked staff to relay to B&B Towing to provide any edits to the proposed purchase agreement within three weeks. Any proposed revisions will be discussed at the August EDA meeting. ## UPDATES: ## MONTHLY MARKET UPDATE Voller informed EDA there are currently 29 homes for sale in the 55308 zip code. He added that there are 13 pending transactions, 2 homes are contingent and 17 homes have sold in the last 30 days. Voller said there are currently 1 bank owned home with another pending. There were 4 new notices of foreclosure in the 55308 zip code in June. ## HOUSING STUDY UPDATE: Sanders reported that staff has reviewed the latest draft of the housing study and returned it to the consultants with comments and edits. He noted that the report is concise, visually appealing, and currently indicates that future housing demand projections are higher than previously anticipated. Sanders added that Redevelopment Resources is expected to present the completed housing study to the Planning Commission, EDA, and City Council on either August 18 or September 1. ## PLANNING: Sanders reported that the plat for Country Lumber One has been finalized; however, the title work is still being completed by the property owner's attorney. Sanders stated that staff is awaiting a bid schedule for Fossum Fields Third Addition to incorporate into the development agreement. Sanders reported that staff has been in contact with an experienced developer who is considering constructing apartment buildings on Jim Huseby's property near Furniture Mart. Sanders also reported that staff has been communicating with Lakes Gas and Centra Sota, both located along the First Street corridor, and are working to determine what their current operational needs and future plans are. ## OTHER: Mayor Kolbinger reported that the U.S. Postal Service has retained a local architect for the design of the new postal facility planned near Highway 10 and Edgewood Avenue. He noted that no construction timeline has been provided at this time. ## ADJOURN ## MOTION BY DINGMANN, SECOND BY VOLLER TO ADJOURN THE MEETING. ## MEETING ADJOURNED AT 6:27 PM. Minutes by: ## Caryn Dunderi – EDA Secretary