10-28-24 EDA MinutesCITY OF SHOREWOOD 5755 COUNTRY CLUB ROAD
ECONOMIC DEVELOPMENT AUTHORITY COUNCIL CHAMBERS
MONDAY, OCT 28, 2024 5:30 P.M.
MINUTES
1. CONVENE ECONOMIC DEVELOPMENT AUTHORITY MEETING
President Labadie called the meeting to order at 5:30 P.M.
A. Roll Call
Present. President Labadie; Commissioners Callies, Maddy and Sanschagrin; Executive
Director Nevinski; Assistant Treasurer Schmuck
Absent: Commissioners Zerby
B. Review Agenda
Commissioner Maddy moved, Commissioner Callies seconded, approving the agenda as
presented.
Motion passed.
APPROVAL2.
A. EDA Minutes of July 22, 2024 meeting
Commissioner Callies moved, Commissioner Sanschagrin seconded, approving the EDA
minutes of the July 22, 2024 meeting, as presented.
Motion passed.
3. NEW BUSINESS
A. Bylaws Update
Executive Director Nevinski summarized the proposed changes to the bylaws, which included
moving the annual meeting to the second Monday in January and removing specific meeting
dates and times.
Commissioner Callies moved to approve the updated bylaws., with Commissioner Callies
as Vice -President, Commissioner Maddy as President Pro-Tem, and Commissioner
Sanschagrin as Treasurer; and to designate authority to Finance Director Schmuck for the
day-to-day tasks.
Commissioner Sanschagrin seconded the motion.
Motion passed.
CITY OF SHOREWOOD ECONOMIC DEVELOPMENT AUTHORITY MEETING MINUTES
OCTOBER 28, 2024
Page 2 of 2
B. Approve Declarations of Release — Public Safety Facilities
Executive Director Nevinski summarized the EDA's role in financing the East and West Side Fire
and Police Facilities, the various documents and the action needed now that the bonds had been
paid in full. He explained that by adopting the three resolutions approving the declarations of
release the EDA would release its interests in the sites and facilities to the City of Shorewood
(West Side Facility) and the City of Deephaven (East Side Facility). He noted the cities will be
asked to approve similar resolutions releasing their interests to the South Lake Minnetonka Police
Department and Excelsior Fire District.
Commissioner Maddy moved to approve Resolutions EDA 24-1, 24-2, and 24-3.
Commissioner Sanschagrin seconded the motion.
Motion passed.
4. ADJOURN
Commissioner Callies moved, Commissioner Maddy seconded, Adjourning the Economic
Development Authority Meeting of October 28, 2024, at 5:45 P.M.