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<br />Economic Development Manager Sullivan replied that he did not have the website, but staff could <br />get that information. <br /> <br />Chairperson Steffen commented that he loves this idea. He noted that the roof has been repaired <br />and it would make sense to complete the necessary renovations in order to support use. <br /> <br />Motion by Chairperson Steffen, seconded by Member MacLennan, to recommend to City Council <br />to obtain quotes to complete the full renovation and to utilize EDA/HRA funds to complete the <br />renovation and recommend that the City Council authorize staff to enter into negotiations with <br />Small Town Girl Boutique. <br /> <br />Further discussion: Chairperson Steffen asked if the EDA would need to designate whether EDA <br />or HRA funds should be used. Economic Development Manager Sullivan commented that if there <br />is a preference, that should be specified. He reviewed the available EDA balance and noted that <br />there could be a stipulation that if EDA funds are used, the lease revenue come back to the EDA <br />fund. Chairperson Steffen asked if the EDA should recommend that HRA funds be used prior to <br />suggesting the EDA fund. Economic Development Manager Sullivan noted that he would suggest <br />using EDA funds, but either fund would be appropriate. Deputy City Administrator Gladhill <br />explained that the HRA account is actually the Anoka County HRA fund and noted that fund is <br />probably overprescribed for use with other projects. He stated that this would seem to be a good <br />use of EDA funds, especially if the lease revenue were going to come back to the EDA fund. <br />Chairperson Steffen confirmed that he would leave the motion as stated and allow staff to make <br />the choice on the fund to be used, with the stipulation that the revenue come back to the EDA fund. <br /> <br />A roll call vote was performed: <br /> <br />Member Howell aye <br />Member Riley aye <br />Chairperson Steffen aye <br />Member Cords aye <br />Member Johnson aye <br />Member MacLennan aye <br />Member Olson aye <br /> <br />Motion carried. <br /> <br />4.02: Consider Approval of Fourth Amendment to Purchase Agreement for Lots 1, 2, and <br />3, Block 1, COR TWO; Case of RGH Ramsey LLC (Portions may be closed to the <br />public) <br /> <br />Chairperson Steffen recused himself from this discussion as the developer is a relative of his. <br /> <br />Economic Development Manager Sullivan presented the staff report. <br /> <br />Acting Chairperson Cords asked the status of the developer in terms of finding businesses to put <br />within the proposed spaces. <br />Economic Development Authority/ June 10, 2021 <br />Page 4 of 6 <br /> <br />