Forest Lake EDA June 9th, 2025

Sunday, June 15, 2025

Commercial Improvement Incentive Program

2026 EDA Budget Proposal

Budgetary adjustments for contracted services and legal expenses

Staffing wage projections

Land sale revenue allocation policy

Votes (3)

Approval of the agenda

PassedVoice vote

Moved by Not stated · Seconded by Not stated

Approve Commercial Improvement Incentive Program changes

PassedVoice vote

Moved by Lnes · Seconded by Not stated

Adopt the 2026 EDA draft budget

PassedVoice vote

Moved by Lnes · Seconded by Not stated

Notable Quotes (3)

If the city is investing in this company that we know that they're going to be around for a while.

Susan Young
Commercial Improvement Incentive ProgramDiscussing loan forgiveness conditions and business longevity.

We definitely could write that it could be businesses and land owners, but we do run the risk then again of those local business owners if they don't own the underlying land.

Abby
Commercial Improvement Incentive ProgramClarifying eligibility constraints.

I would like to modify the word recipients to applicants so that it includes both applicants and those that receive it.

Lnes
Commercial Improvement Incentive ProgramSuggesting policy language changes regarding indemnification.

People (5)

EricsonPresident

Moderating the EDA meeting and managing motions.

Places Mentioned

9950 199th Street North, Forest LakeFenway (properties)280 BroadwayHeadwaters 123Southwest Forest Lake

Events & Meetings (1)

  • 5:30 PM meeting call to order
View Source
Forest Lake EDA June 9th, 2025 - Scandia Recorder