CGEDA 12-2-25
Tuesday, December 2, 2025
Approval of 11/19/2025 EDA meeting minutes
2026 HRA levy public hearing
Financial assistance for Cedarhurst Event Center project
Rescinding previous $100,000 subsidy for Bella Gala
Votes (2)
Approve minutes from 11/19/2025 meeting
Moved by Cheetah · Seconded by Kada
Approve resolution 2025-Z002 setting 2026 HRA levy not to exceed $142,500
Moved by Kada · Seconded by Olsen
Notable Quotes (3)
The HA levy on the other hand uh it can be used for housing and development for low to moderate income families.
essentially what they are providing is a $2 million loan uh to them and it is an eight-year loan.
I don't think uh you know, there's 20,000 people basically get married every year in the state of Minnesota.
People (11)
Presiding over the EDA meeting
Chair of the Convention and Visitors Bureau (CVB)
Raised concerns regarding developer capital position and leverage
Participated in voting and financial questioning
Attended meeting
Attended meeting
Raised concerns regarding market saturation of wedding venues
Explained HRA levy, transparency, and budget specifics
Provided project timeline for Cedarhurst and Bella Gala
Detailed the $2 million loan structure and risk profile
Addressing concerns about market competition and wedding venues
Places Mentioned
Events & Meetings (1)
- Special EDA Meeting: December 2, 2025
Ordinances & Resolutions (1)
Setting an HRA levy on taxable property of the City of Cottage Grove for fiscal year 2026 at $142,500.