02-12-2024 EDACHANHASSEN CITY COUNCIL
ECONOMIC DEVELOPMENT AUTHORITY MEETING
MINUTES
FEBRUARY 12, 2024
Mayor Ryan called the meeting to order at 7:00 p.m.
COUNCIL MEMBERS PRESENT: Mayor Ryan, Councilwoman Schubert, Councilman von
Oven, Councilman McDonald, and Councilman Kimber.
COUNCIL MEMBERS ABSENT: None.
STAFF PRESENT: Laurie Hokkanen, City Manager; Andrea McDowell Poehler, City
Attorney; and Sam DiMaggio, Economic Development Director.
PUBLIC PRESENT: None.
1. Approve Economic Development Authority Meeting Minutes dated September 25, 2023
Councilman McDonald moved, Councilman von Oven seconded to approve the Economic
Development Authority Meeting Minutes dated September 25, 2023. All voted in favor and
the motion carried unanimously with a vote of 5 to 0.
2. Approve Release of Contract for Private Development for Tax Increment Financing
District #4, National Lodging Companies, Inc.
Sam DiMaggio, Economic Development Manager, is asking for a motion to formally withdraw a
development agreement from 1995 with National Lodging Companies. Ms. DiMaggio noted
legal counsel has drafted the documents for the City Council.
Councilwoman Schubert moved, Councilman Kimber seconded that the Chanhassen
Economic Development Authority approve the release of contract for private development
agreement for Tax Increment Financing District #4, National Lodging Companies, Inc. All
voted in favor and the motion carried unanimously with a vote of 5 to 0.
3. Approve Release of Contract for Private Development for Tax Increment Financing
District #4, Bloomberg Companies Inc.
Sam DiMaggio, Economic Development Manager, shared about another development agreement
from 1996 with Bloomberg Companies, Inc. and stated she is glad these documents will be
cleaned up for the future.
Councilman Kimber moved, Councilman von Oven seconded that the Chanhassen
Economic Development Authority approve the release of the contract for private
development agreement for Tax Increment Financing District #4, Bloomberg Companies
Inc. All voted in favor and the motion carried unanimously with a vote of 5 to 0.
Economic Development Authority Minutes – February 12, 2024
2
ADJOURNMENT
Councilwoman Schubert moved, Councilman Kimber seconded to adjourn the meeting. All
voted in favor and the motion carried unanimously with a vote of 5 to 0. The Economic
Development Authority meeting was adjourned at 7:04 p.m.
Submitted by Laurie Hokkanen
City Manager
Prepared by Kim Meuwissen
City Clerk