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Ms. McDermott stated that she has not yet identified that person, but commented on a member of <br />their team who may transition from their current position to the manager for this business. She <br />commented that there will also be shift supervisors to ensure there is always a point person <br />available on staffing. She commented that she also carries a food manager and serve safe license <br />and could legally be the manager. <br />Economic Development Manager Sullivan provided additional information on LAHA and how <br />those funds can be used. <br />Member Stewart asked for a guarantee that these funds would contireceived annually. <br />Economic Development Manager Sullivan stated that this pro created in 2023, with the <br />first allocation provided in 2024. He stated that the funding rce is in place, and an act of <br />the legislature would be needed to stop the program. He stated *at it is a proven program, and if <br />it were to stop, they would probably be given notice to allow tliem to recalibrat <br />Chairperson Wiyninger asked Members Steward Riley fot <br />discussion the Council had on LAHA and whether this pr <br />Member Riley stated that, as discussed, s is a new progra <br />policy. He stated that the Council discut how it best envisi <br />the funds would be best used fixing up individual rn es to assist <br />He commented that there was consensus not to contribute <br />complexes. He stated that the EDA has a good eror t in fron <br />direction from the Council not doing in this wa at could o <br />Economic Development Manage llivan state <br />challenging site and fits the visio he COR. <br />a majority of th- .roperty would not generate to <br />housing o p ' i s in The COR and would be a <br />discuss' <br />large ent complex <br />and his , + id be a new ve <br />of the applicant, He noted <br />forward, but the Atte would b <br />He commented that while th <br />that, from his perspective, <br />goals of the Council u <br />eir input on t ork session <br />u : align with t se goals. <br />d the Council was creating the <br />erg usi g the funds and decided <br />in th oal of affordable housing. <br />these funds towards apartment <br />t and stated that while there was <br />be reconsidered. <br />he believes that this is a good use of a <br />ommented that this is a nonprofit, so likely <br />. He stated that this would provide affordable <br />ligible use of LAHA funds. He recognized the <br />of the Council and believed that decision was made on a broader scale, not to support <br />e stated thatfrthe developer has experience in single-family projects, <br />, but Lnnar is a national company with experience that is a partner <br />t' if the necessary funds are not raised, the project would not move <br />f the market for the remainder of the year while that is determined. <br />e would be jobs created, it would be a minimal number. He stated <br />believes that there is room to support this request and accomplish the <br />LAHA, and recommended approval. <br />Member Hills thanked the applicant and her team for their presentation and the work they do, <br />noting a well -thought-out approach and plan. She recognized that LAHA is new, and so there are <br />still discussions and uncertainty. She asked if there would be a demand for the funds to be used <br />for the home improvement items discussed by the City Council. She asked what would happen if <br />the fundraising goals exceeded the goal and whether the LAHA funds could then not be used or <br />repaid. <br />Economic Development Authority/ June 11, 2026 <br />Page 6 of 11 <br />