CGEDA 11-19-25
Economic development status update
Intermediate zone water treatment plant construction progress
Water tower construction on Highway 61
School district capital projects (Park High, Ultman Middle, Cottage Grove Middle)
Speedway site remediation and future development
TIF agreement amendment for Roars Cottage Grove Apartments LLC
Assignment of Tax Increment Financing agreement
Community holiday event announcements
Full Document Analysis
Votes (3)
Approval of EDA meeting minutes for A12 2025
Moved by Olsen · Seconded by Katada
Approve amended and restated contract for private development for Roars Cottage Grove Apartments LLC
Moved by Katada · Seconded by Latac
Approve the assignment of tax increment financing agreement
Moved by Cheetah · Seconded by Katada
Notable Quotes (3)
Economic activity was flat to slightly down since the previous report. Wage growth was modest overall with some signs of slowing.
This water tower is actually critical for growth in our industrial park, as we continue to attract users.
This is their largest fundraiser of the year. They get about 30% of their annual funding from the holiday train event.
People (6)
BaileyEDA PresidentPresiding over the EDA meeting.
Presiding over the EDA meeting.
Jennifer LevelCity AdministratorProvided updates on economic conditions and city construction projects.
1 quote
Provided updates on economic conditions and city construction projects.
“The concrete bowl will probably be set probably about in Q2 of 26. And so then it will really start to look more like a water tower.”
Describing the water tower construction timeline.
OlsenEDA Vice PresidentParticipated in meeting and announced upcoming holiday events.
1 quote
Participated in meeting and announced upcoming holiday events.
“Need is up this year by a lot. Last I heard it was somewhere around 60% versus last year.”
Discussing the local food shelf's increased demand.
KatadaEDA MemberMoved to approve the Roars apartment contract amendment.
Moved to approve the Roars apartment contract amendment.
LatacEDA MemberSeconded the motion for the Roars apartment contract.
Seconded the motion for the Roars apartment contract.
CheetahEDA MemberMoved to approve the TIF agreement assignment.
Moved to approve the TIF agreement assignment.
Places Mentioned
Events & Meetings (4)
- November 19, 2025: EDA Meeting
- December 4, 2025: Hometown Holiday Celebration at City Hall
- December 7, 2025: Cottage Grove Lions Santa event at VFW
- December 13, 2025: Holiday Train arrival at Youth Service Bureau