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HomeMy WebLinkAbout03-02-2026 EDA Packet ECONOMIC DEVELOPMENT AUTHORITY City Hall—Shared Vision Room, 3989 Central Ave NE Monday, March 02, 2026 5:00 PM AGENDA ATTENDANCE INFORMATION FOR THE PUBLIC Members of the public who wish to attend may do so in-person, or by using Microsoft Teams and entering meeting ID 248 336 166 862 06 and passcode me6Vh7eE. For questions, please call the Community Development Department at 763-706-3670. Auxiliary aids or other accommodations for individuals with disabilities are available upon request when the request is made at least 72 hours in advance. Please contact Administration at 763 -706-3610 to make arrangements. CALL TO ORDER/ROLL CALL PLEDGE OF ALLEGIANCE CONSENT AGENDA These items are considered to be routine by the EDA and will be enacted as part of the consent agenda by one motion. Items removed from consent agenda approval will be taken up as the next order of business. The EDA will make a motion to approve the consent agenda following the statement of all items. 1. Approve February 2, 2026 EDA Meeting Minutes. (pg. 3) MOTION: Move to approve the February 2, 2026, regular EDA meeting minutes. 2. Resolution 2026-08 to Approve the Financial Reports and Payment of the Bills for January 2026. (pg. 13) MOTION: Move to waive the reading of Resolution 2026-08, there being ample copies available to the public. MOTION: Move to approve Resolution 2026-08, approving the financial statements for the month of January 2026 and the payment of the bills for the month of January 2026. MOTION: Move to approve the consent agenda as presented. BUSINESS ITEMS 3. Fire Suppression Grant Application 4755 University Ave NE (El Pollo Loco LLC). (pg. 25) Presenting Item: CD Coordinator Emilie Voight MOTION: Move to waive the reading of Resolution 2026-10, there being ample copies available to the public. MOTION: Move to approve Resolution 2026-10, a resolution of the Economic Development Authority of Columbia Heights, Minnesota, approving the form and substance of the Fire Suppression Grant Agreement, and approving authority staff and off icials to take all actions 1 City of Columbia Heights AGENDA March 02, 2026 Economic Development Authority Page 2 necessary to enter the authority into the Fire Suppression Grant Agreement with the owners of 4755 University Ave NE (El Pollo Loco). 4. 2026 Goal Setting Part II. (pg. 47) Presenting Item: CD Director Mitch Forney 5. NOAH Loan Program Updates. (pg. 50) Presenting Item: CD Coordinator Emilie Voight MOTION: Move to waive the reading of Resolution 2026-09, there being ample copies available to the public. MOTION: Move to adopt Resolution 2026-09, a resolution of the Economic Development Authority of Columbia Heights, Minnesota, approving the amended Program Guidelines, dated 02/26/2026, for the Columbia Heights Naturally Occurring Affordable Housing (NOAH) Loan Program. 6. 2026 Economic Impact Relief Discussion. (pg. 60) Presenting Item: CD Staff BUSINESS UPDATES a. Pledge of Allegiance ADJOURNMENT Auxiliary aids or other accommodations for individuals with disabilities are available upon request when the request is made at least 72 hours in advance. Please contact Administration at 763-706-3610 to make arrangements. 2 ECONOMIC DEVELOPMENT AUTHORITY City Hall—Shared Vision Room, 3989 Central Ave NE Monday, February 02, 2026 5:00 PM MINUTES The meeting was called to order at 5:00 pm by President Spriggs CALL TO ORDER/ROLL CALL Members present: Connie Buesgens (5:17 pm); Laurel Deneen; Rachel James; Amáda Márquez-Simula; Justice Spriggs; Lamin Dibba Members absent: Marlaine Szurek Staff present: Aaron Chirpich, City Manager; Sarah LaVoie, Administrative Assistant; Emilie Voight, Community Development Coordinator PLEDGE OF ALLEGIANCE CONSENT AGENDA 1. Approve the minutes of the regular EDA Meeting of January 05, 2026. 2. Approve the minutes of the special EDA Meeting of January 12, 2026. 3. Approve financial reports and payment of bills for December 2025 – Resolution No. 2026-06. 4. Approve the NOAH Loan Program Servicing Agreement – Resolution No. 2026-07. Motion by Deneen, seconded by Dibba, to approve the Consent Agenda as presented. All ayes of present. MOTION PASSED. RESOLUTION NO. 2026-06 A RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY OF COLUMBIA HEIGHTS, MINNESOTA, APPROVING THE FINANCIAL STATEMENTS FOR THE MONTH OF DECEMBER 2025 AND THE PAYMENT OF THE BILLS FOR THE MONTH OF DECEMBER 2025. WHEREAS, the Columbia Heights Economic Development Authority (the “EDA”) is required by Minnesota Statutes Section 469.096, Subd. 9, to prepare a detailed financial statement which shows all receipts and disbursements, their nature, the money on hand, the purposes to which the money on hand is to be applied, the EDA's credits and assets, and its outstanding liabilities; and WHEREAS, said Statute also requires the EDA to examine the statement and treasurer's vouchers or bills and if correct, to approve them by resolution and enter the resolution in its records; and 3 Item 1. City of Columbia Heights MINUTES February 02, 2026 EDA Meeting Page 2 WHEREAS, the financial statements for the month of December 2025 have been reviewed by the EDA Commission; and WHEREAS, the EDA has examined the financial statements and finds them to be acceptable as to both form and accuracy; and WHEREAS, the EDA Commission has other means to verify the intent of Section 469.096, Subd. 9, including but not limited to Comprehensive Annual Financial Reports, Annual City approved Budgets, Audits and similar documentation; and WHEREAS, financial statements are held by the City’s Finance Department in a method outlined by the State of Minnesota’s Records Retention Schedule, NOW, THEREFORE BE IT RESOLVED by the Board of Commissioners of the Columbia Heights Economic Development Authority that it has examined the referenced financial statements including the check history, and they are found to be correct, as to form and content; and BE IT FURTHER RESOLVED the financial statements are acknowledged and received and the check history as presented in writing is approved for payment out of proper funds; and BE IT FURTHER RESOLVED this resolution is made as part of the permanent records of the Columbia Heights Economic Development Authority. ORDER OF ECONOMIC DEVELOPMENT AUTHORITY Passed this February 2, 2026 Offered by: Laurel Deneen Seconded by: Lamin Dibba Roll Call: All ayes of present. MOTION PASSED. President Justice Spriggs Attest: Secretary RESOLUTION NO. 2026-07 A RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY OF COLUMBIA HEIGHTS, MINNESOTA, APPROVING THE SERVICING AGREEMENT FOR THE COLUMBIA HEIGHTS NATURALLY OCCURRING AFFORDABLE HOUSING (NOAH) LOAN PROGRAM. WHEREAS, in 2024, the City of Columbia Heights established a Local Housing Trust Fund supported by 4 Item 1. City of Columbia Heights MINUTES February 02, 2026 EDA Meeting Page 3 State allocated Local Affordable Housing Aid (LAHA) funds, and designated the Economic Development Authority (EDA) as the administrator of this Fund to support affordable housing initiatives within the City; and WHEREAS, in 2025, the EDA approved the creation of the Naturally Occurring Affordable Housing (NOAH) Loan Program (the “Program”); and WHEREAS, due to limited staff capacity, the EDA is partnering with the Minnesota Center for Energy and Environment (CEE), a qualified program administrator, to support the successful implementation of the NOAH Loan Program, with CEE aiding in program design, underwriting, compliance, and ongoing administration. NOW, THEREFORE BE IT RESOLVED that, after appropriate examination and due consideration, the Authority hereby: 1. Approves the form and substance of the Columbia Heights Naturally Occurring Affordable Housing (NOAH) Loan Program Servicing Agreement (the “Agreement”), the Duties of the Servicer (Exhibit A), and the Servicing Fee Schedule (Exhibit B); and 2. Authorizes the officers, employees, and other agents of the Authority to take all actions necessary to perform the Authority’s obligations under the Servicing Agreement and Exhibits A and B as a whole, including, without limitation, all acts and things required of them by or in connection with this resolution, for the full, punctual, and complete performance of all the terms, covenants, and agreements contained herein. ORDER OF ECONOMIC DEVELOPMENT AUTHORITY Passed this February 2, 2026 Offered by: Laurel Deneen Seconded by: Lamin Dibba Roll Call: All ayes of present. MOTION PASSED. President Justice Spriggs Attest: Secretary BUSINESS ITEMS 5. 2026 EDA Goal Setting. Voight reported that at the beginning of each year, Community Development staff meet with the Economic Development Authority (EDA) to discuss goals and priorities for the coming year. Establishing a clear set of goals annually helps staff develop work plan s and timelines for major initiatives and provides the EDA with a framework to track progress on key programs and projects 5 Item 1. City of Columbia Heights MINUTES February 02, 2026 EDA Meeting Page 4 throughout the year. Voight stated that during the 2025 goal-setting session the EDA established a set of annual goals that have guided staff work over the past year. While many of those goals have been actively advanced or even completed, there are several areas where work can be expanded or further prioritized in 2026. Rather than conducting a full reset, staff are proposing a stru ctured activity focused on identifying replacement goals for those that have been completed, refining existing goals carried forward from 2025, and then prioritizing goals for the upcoming year. Voight noted that the proposed activity will mirror the goal-setting exercise used in 2025. EDA members will begin by identifying specific initiatives, strategies, or topics for 2026. Those ideas will then be categorized within the existing framework, followed by discussion to clarify intent, rationale, and key implementation steps. Once proposals have been fully identified and discussed, the EDA will prioritize strategies, goals, or focus areas to help guide staff focus and resource allocation in 2026. Voight explained that the EDA’s 2025 goals and priorities are listed in the Agenda Packet. Also included as an attachment is a summary of the results from the 2025 goal -setting activity to provide context as the EDA considers updates and refinements for the coming year. As par t of this exercise, staff will also introduce proposed staff-led ideas and work items to ensure alignment with City Council priorities and relevant initiatives from other commissions. This will help ensure the EDA’s goals for 2026 are coordinated across departments and advisory bodies and are realistic given available resources. Voight explained the activity that the EDA would do for goal setting. The four major themes that staff carried forward from 2025’s framework are Central Avenue, Neighborhood/Housing, Business, and “Big Sites”. She noted that there were blue Post -it notes that included the goals that were not completed in 2025. She explained that the first portion of the exercise would focus on the EDA members thinking through what they would want to add or change to the current goals and focus areas. She gave each EDA member four Post-it notes to write down new ideas or refine a current goal. She reminded the EDA that the ideas should have a one-year focus as opposed to a long- range focus. Questions/Comments from Members: Voight invited each member to share their ideas. She added that staff would share ideas as well. James shared her idea for a support plan to help local businesses along Central Avenue during reconstruction. She noted that she would like to hear what the plan is for lots that are not suitable for business development. It would be helpful to bring the lots before the EDA and decide what the plan is for each one. Voight asked James if she was referring to lots the City owns, or vacant sites around the City. James replied that she was referring to City-owned lots, but would be open to expanding them. For the business support theme, she suggested that the City work with the Business Council to host industry-specific meetings. She noted that for the “Big Sites” theme, she had a suggestion for updated signage and website details. 6 Item 1. City of Columbia Heights MINUTES February 02, 2026 EDA Meeting Page 5 Dibba stated that in 2026, he would like to see engagement with the business community and suggested an annual community business forum. He added that there was a partnership and training program with St. Thomas University that he would like to see continue in 2026. He stated he would like to see something done with the Medtronic and Rainbow sites. Deneen stated she had the same idea as James to have a plan for businesses on Central Avenue when the redevelopment happens. She suggested incorporating student art into the public art initiatives. She added that she would like to see small businesses featured e ach month on the City website or in the newsletter. She noted that she would like to find an ADU project to work on and/or a resident who is interested in doing that , and feature them throughout the process. Spriggs explained that he would like to see big placemaking/art objects that could feature local artists and be noticeable around the City. He gave examples of St. Paul having the peanut characters around the City and the Roseville roses. He noted that the items could be moved, and it could start on Central Avenue. He mentioned that he would like to see an improvement to the chamber meetings so that the same people do not attend each one. He explained that there are many local businesses and restaurants that the City does not he ar from, and he would like to see the City engage with them more. He explained that after the Medtronic and Rainbow sites are completed, the City will be fully developed. He noted that Saint Louis Park recently reviewed their residential zoning code and lot sizes to upzone and would like to see the City start discussing the idea this year. He stated that his suggestion for the “Big Sites” category is the Medtronic site. He mentioned that he would like to get the input from the community and discuss what the site should be. Márquez-Simula suggested having public art benches and flowers along Central Avenue. She added that she would like to see the extremely bright lights dimmed at businesses along Central Avenue because the bright lights can make it seem like the neighborhood has crime, and are environmentally harmful to animals. She stated that she would like to see the site at Benjamin Street sold or developed. She added that she would like more housing assistance or to invest more in Habitat for Humanity. She suggested a municipal grocery store for the “Big Sites” category. Buesgens suggested taking advantage of the timeout with the Medtronic site to clean up the water and figure out what is going on. She mentioned that within the Parks Master Plan, there could be a section where businesses could choose to sponsor different amenities or sports. She noted that she would like to see the NOAH program continued to be promoted, to keep track of the progress and how many people are calling in, and to get feedback once the landlords see what the program is. She stated that her suggestion would be for the EDA to get grant money to put ADA doors in the businesses along Central Avenue. She added that she would like to start discussing revitalizing businesses along Central Avenue, so when the roads are completed, there is a plan in place. She stated she would like to see more benches along Central Avenue. Voight added the ideas from the Community Development Department staff. She noted under the “Big Sites” category that the department would like to carry forward one of last year’s goals of advancing redevelopment of EDA-owned properties in the corner of 40th Avenue and University (the ROOT properties). She added a suggestion for Business of business retention and expansion by 7 Item 1. City of Columbia Heights MINUTES February 02, 2026 EDA Meeting Page 6 supporting the Central Ave businesses through communication and other initiatives during the street redesign. She expressed staff support for the public art goals. She explained an idea of assistance to local businesses or the community with the EDA, such as some sort of assistance program in relation to the economic challenges that businesses are facing. Voight reviewed the proposed ideas. Under the “Big Sites” category are:  Advance redevelopment on EDA-owned properties  Promote and champion opportunities for major redevelopment sites o ROOT Properties o Medtronic and Rainbow sites o Opportunity on one of the big sites to do a municipal grocery store o Update signage o Update website related to the big sites o Taking advantage of some of the slower projects to do things like environmental cleanup Voight asked the EDA if they had proposed changes to the ideas under “Big Sites”. Márquez-Simula explained that benches were mentioned a few times and clarified that she would like to see the benches sponsored, that included a plaque from the business that sponsors it. She acknowledged that some businesses may need more support from the City this yea r and was fine waiting until next year to make it a priority. Voight read the proposed ideas under the Business category:  Initiatives to increase the City’s interaction with and promotion of the local business community  Financial assistance to local businesses  Partnering with the Business Council for industry-specific business meetings, such as restaurants, etc.  Community business forum: see more business support and program opportunities  Improve participation at chamber meetings  Gateway signage featuring local businesses, either through art or some kind of City feature, with some kind of partnership with the website and newsletter to increase awareness of small businesses Voight asked the EDA if they wanted to make any changes to the proposed ideas. James explained that there were a number of comments regarding the Business Council and suggested that the ideas be grouped with partnership and separated from the ideas around financial support. Spriggs asked if there was a business equivalent to Code Red, where there was a list of businesses that could easily be contacted or emailed. Voight replied that the City does not have a list currently. The previous intern made a business directory, and there is limited information included, but the City has not created something like a business newsletter that businesses could opt in to to communicate with the City. 8 Item 1. City of Columbia Heights MINUTES February 02, 2026 EDA Meeting Page 7 Voight reviewed the Neighborhood/Housing category proposed ideas:  NOAH program: provide updates, and keep track of getting feedback  Make a plan for City-owned residential properties that are not suitable for business development  Find a possible place for ADU projects in a residential building to feature  Upzoning with an example of Saint Louis Park  More housing assistance or Habitat for Humanity Voight asked the EDA if they wanted to move any of the ideas. Buesgens mentioned that she forgot one and suggested highlighting the businesses in the newsletter or in some way so that the community can know about them. Voight reviewed the Central Avenue category's proposed ideas:  Placemaking along and near Central Avenue, taking into consideration existing program- based opportunities and upcoming MnDOT-led street redevelopment  Develop and launch a Central Business District public art program  Have Columbia Heights-specific placemaking  Central BRE that is communications-focused or some other kind of engagement with businesses  Reduce the super-bright lights at businesses  Business outreach regarding creative planning, looking ahead to the 2028 Central Avenue construction o Begin to create a plan to support local businesses along Central Avenue during reconstruction  Student public art  Central Avenue benches  Finances for ADA doors to prepare businesses for revitalization Voight organized the ideas in each category. She led the EDA in an activity where the members prioritized the proposed suggestions. The EDA members voted for which ideas or focus areas they each wanted to prioritize. Voight emphasized that none of the suggestions would be removed and that they would all be put into a recap document that would be reviewed at the next meeting. She added that she would take photos of the Post-it notes and record all of the prioritization tallies. 6. 2026 Community/Economic Financial Relief Discussion. Voight reported that the EDA currently administers three ongoing programs that provide direct financial support to local business owners, commercial property owners, and residential multifamily rental property owners. On the business side, the Fire Suppression Grant Program and Façade Improvement Grant Program are targeted toward structural and aesthetic improvements to commercial and industrial buildings. On the housing side, the Naturally Occurring Affordable Housing (NOAH) Loan Program is designed to help preserve affordable housing in Columbia Heights through building renovations and upgrades. Voight noted that in previous years, the EDA has also administered temporary programs like the 9 Item 1. City of Columbia Heights MINUTES February 02, 2026 EDA Meeting Page 8 2020 Columbia Heights Business Relief Grant Program. This program was a one-off initiative that delivered financial relief to local businesses in the form of grants up to $20,000, funded by the City’s federal CARES Act Coronavirus Relief Funds. These grants were awarded to offset the financial hardships caused to local businesses by the COVID -19 pandemic. Voight explained that, as demonstrated by these programs, the City’s EDA has a history of designing and implementing efforts to support Columbia Heights’ economy and community. Today, Columbia Heights businesses and residents are facing new financial challenges due to the wide- ranging impacts of ongoing federal immigration enforcement. The EDA directed staff to bring this item to tonight’s meeting for discussion. Voight stated the goal of tonight’s discussion is for the EDA to come to a consensus and, as applicable, to provide direction to staff on next steps concerning any direct financial relief initiatives it would like to implement in 2026. Staff have no specific recommendations at this time , but are prepared to provide additional financial, logistic, and administrative details in response to Commissioners’ suggestions and questions. Questions/Comments from Members: Márquez-Simula stated that it would make more sense to focus on business support. She added that the community is doing a lot to support residents and families. Buesgens asked how much money was available, and if staff were aware of how many businesses in the City were struggling. Chirpich replied that staff do not have a list of businesses that are struggling, but several restaurants are closed or severely reduced in hours. The Coalition of Cities is reporting similar outcomes below COVID-level losses over the last month. Staff’s first proposal is to divert the Commercial Revitalization earmarked funds that are typically used to purchase a house on Central Avenue. He noted that there are about $300,000 in funds budgeted for 2026. Staff will need to dig into the State statutes on how to use the funds. Buesgens asked if staff have talked with businesses to identify what their needs are. She wondered if they would want to have a focus on where the money would be designated, or let the businesses decide for themselves. Chirpich replied that the COVID relief grant is a good road map because it was needs-based and businesses had to prove that there was a reduction in revenue to qualify for the funds. He noted that staff could use the guidelines for the COVID relief grant and navigate the statutes to ensure that the funds are being used correctly. Voight added that the EDA’s legal counsel was cautious about the language that might be necessary for framing something as a deferred loan instead of a grant. She mentioned that there could be conditions for businesses to continue operating in the City for 12 months, or some other set timeline, in order to have it completely deferred. The EDA’s counsel suggested keeping the program as broad as possible for potential candidates. The program could be expressed in terms of economic development, like reduction of potential blight like empty storefronts. James expressed her support for reducing potential blight. She asked how the City allowed people to apply for a certain amount during the COVID relief time. She stated the program needs to roll 10 Item 1. City of Columbia Heights MINUTES February 02, 2026 EDA Meeting Page 9 out as quickly as possible because the impacts are happening right now. She stated she is in favor of doing a business program and keeping it as broad as possible. Spriggs asked if the EDA’s counsel addressed the legality of restricting the program to non-chain restaurants. He asked if the language could differentiate between a local business and a chain restaurant. Voight replied that she did not discuss that with counsel, but could have a conversation with the counsel and the City Attorney. Buesgens mentioned that some of the chain restaurants are franchised. She wondered how that would be assessed in the program and wondered if the owners were treated as individual owners. Deneen explained that franchised owners are basically subcontracting for the overall work. She provided an example of the McDonald's at the airport, which is owned by a local resident and is a franchise owner. He is still beholden to all the things that McDonald’s requires him to do . She explained that many large businesses have relief programs available. She explained that the process could take more time with legal if the program is more specific, and the goal is to get the program going as soon as possible. She mentioned that she liked the requirement of staying in business for 12 months to ensure that local businesses thrive after this ordeal. Dibba suggested looking at the sizes of the businesses and explained that smaller businesses are struggling with overhead and staff shortages, and having some criteria for the program. Márquez-Simula expressed support for allowing franchises to be qualified for instances like the façade improvement program because the rules of the franchise might not give them money to make the outside of the building look better. She added that she would want the language to be simple so that the process can be as easy as possible. Chirpich asked Voight if the program would be administered internally or through a community development organization. Voight replied that the Community Development staff have discussed it but have not reached out to any organizations. If there are more requirements for assessing applications or administering funds, it is easier to use an outside organization. James stated she would be in favor of the City administering the program internally and developing the policies. She added that the requirements would be for businesses to verify that they have lost revenue . She asked what the requirements were during COVID to verify that there was revenue lost. Chirpich replied that it was capped at $20,000, and it was first come first served. James suggested keeping half of the funds for small businesses because they will often take longer to apply for the program. After a certain amount of time, the funds can be allocated to small businesses. Spriggs wondered if the fire suppression and façade improvement grant programs could be paused for a year and designate the funds to this effort. Chirpich agreed that it could be done. Voight mentioned that the EDA could agree to dip into the façade improvement grant program funds for administrative costs. James and Márquez-Simula agreed. Buesgens added that many businesses are trying to survive and are not looking to make impro vements right now. Spriggs asked how the program would be marketed to businesses. Voight explained that the Community Development Department discussed marketing and is hesitant to go to businesses in 11 Item 1. City of Columbia Heights MINUTES February 02, 2026 EDA Meeting Page 10 person because it could worry and stress business owners if they are coming unannounced. She stated that the department has a list of businesses and could utilize social media. Buesgens expressed her support for staff to go door to door to businesses and encouraged staff to wear City- branded clothes so business owners know it is a City employee and not someone from the federal government. Spriggs wondered if staff could call ahead so business owners knew a City staff member was going to show up. Deneen asked if the outreach would occur before the program was open. Chirpich suggested that staff discuss the item further with EDA’s legal counsel. Voight explained that she would work with legal and draft something up, and mentioned that there may need to be an eventual special EDA meeting so the EDA could review the language. Spriggs noted that the EDA would be open to meet for a special EDA meeting so that they do not need to wait a month to get the program going. Voight stated that staff would prioritize the item. Márquez-Simula wondered if volunteers could hand out flyers to businesses to bring awareness to the program. She added that it could reduce the stress of having government workers from the City come into the businesses. BUSINESS UPDATES a. MnDOT Total Health Building Central Avenue Meeting Voight updated the EDA that the MnDOT Central Avenue team will host a meeting at City Hall. City staff members will be present at the meeting to answer questions about how municipal consent works. She added that the Council and commissioners do not need to attend the meeting. It is an initiative led by the MnDOT team, specifically focused on Total Health Building. ADJOURNMENT Motion by Márquez-Simula, seconded by Buesgens, to adjourn the meeting at 6:12 pm. All ayes. MOTION PASSED. Respectfully submitted, ____ Sarah LaVoie, Recording Secretary 12 Item 1. Resolution 2026-08 RESOLUTION NO. 2026-08 A RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY OF COLUMBIA HEIGHTS, MINNESOTA, APPROVING THE FINANCIAL STATEMENTS FOR THE MONTH OF JANUARY 2026 AND THE PAYMENT OF THE BILLS FOR THE MONTH OF JANUARY 2026. WHEREAS, the Columbia Heights Economic Development Authority (the “EDA”) is required by Minnesota Statutes Section 469.096, Subd. 9, to prepare a detailed financial statement which shows all receipts and disbursements, their nature, the money on hand, the purposes to which the money on hand is to be applied, the EDA's credits and assets and its outstanding liabilities; and WHEREAS, said Statute also requires the EDA to examine the statement and treasurer's vouchers or bills and if correct, to approve them by resolution and enter the resolution in its records; and WHEREAS, the financial statements for the month of January 2026 have been reviewed by the EDA Commission; and WHEREAS, the EDA has examined the financial statements and finds them to be acceptable as to both form and accuracy; and WHEREAS, the EDA Commission has other means to verify the intent of Section 469.096, Subd. 9, including but not limited to Comprehensive Annual Financial Reports, Annual City approved Budgets, Audits and similar documentation; and WHEREAS, financial statements are held by the City’s Finance Department in a method outlined by the State of Minnesota’s Records Retention Schedule, NOW, THEREFORE BE IT RESOLVED by the Board of Commissioners of the Columbia Heights Economic Development Authority that it has examined the referenced financial statements including the check history, and they are found to be correct, as to form and content; and BE IT FURTHER RESOLVED the financial statements are acknowledged and received and the check history as presented in writing is approved for payment out of proper funds; and BE IT FURTHER RESOLVED this resolution is made as part of the permanent records of the Columbia Heights Economic Development Authority. ORDER OF ECONOMIC DEVELOPMENT AUTHORITY Passed this 2nd day of March 2026 Offered by: Seconded by: Roll Call: Title: President Attest: Title: Secretary 13 Item 2. AmountInvoiceInvoice DateVendorInvoice Line DescGL Number INVOICE GL DISTRIBUTION REPORT FOR CITY OF COLUMBIA HEIGHTS 1/2Page:02/12/2026 10:19 AM User: suems DB: Columbia Heights EXP CHECK RUN DATES 01/01/2026 - 01/31/2026 BOTH JOURNALIZED AND UNJOURNALIZED PAID Check 205514 1,200.00 30451811/30/25BARNA GUZY & STEFFEN LTDREDEV AGREEMNT WORK - MEDTRONIC204.0000.22825 1,200.00 Total For Check 205514 Check 205523 23.16 25887529211/15/25COMCAST121525 934571297 COMM DEV ADMIN (2.3%)204.6314.43250 23.16 Total For Check 205523 Check 205548 42.45 99290318812/26/25POPP.COM INC122625 - 10013121 PHONE COMMDEV ADMIN204.6314.43210 42.45 Total For Check 205548 Check 205589 1,027.23 2535265.0112/30/25COLLINS ELECTRICAL CONSTRUCTION COREPLACE HEATER-VAN BUREN PARKING RAMP228.6317.44020 926.74 2534669.0112/23/25COLLINS ELECTRICAL CONSTRUCTION COTROUBLESHOOT POWER TO ELEVATOR-VAN BUREN228.6317.44020 1,953.97 Total For Check 205589 Check 205593 1,706.25 10287209/15/25EHLERS & ASSOCIATES INCALATUS HYVEE SITE REDEVELOPMENT 0825204.6314.43050 775.00 9993612/09/25EHLERS & ASSOCIATES INCTIF ADMIN - 4D TAX 1125204.6314.43050 343.75 9993712/09/25EHLERS & ASSOCIATES INCTIF CONSLT-REUTER WALTON,RAINBOW,MEADTRO204.6314.43050 5,967.50 10271107/31/25EHLERS & ASSOCIATES INCTIF REPORTING PREP - 2024372.7000.43050 8,792.50 Total For Check 205593 Check 205663 55.58 IN501678112/23/25INNOVATIVE OFFICE SOLUTIONS LLCWALL CALENDARS, DESK PAD204.6314.42000 55.58 Total For Check 205663 Check 205686 26,200.00 01082601/08/26SISTER BUDFIRE SUPPRESSION GRANT PAYMENT 5011 UNIV408.6418.44600 26,200.00 Total For Check 205686 Check 205756 1,065.66 124297569401/08/26XCEL ENERGY (N S P)ELECTRIC228.6317.43810 1,065.66 Total For Check 205756 Check 205762 3.15 12282512/28/25ARVIG ENTERPRISES, INCCOMM DEV ADMIN (2.3%) INTERNET 1225204.6314.43250 3.15 Total For Check 205762 Check 205770 23.49 26136472901/15/26COMCAST011526934571297 COMM DEV ADMIN (2.3%)204.6314.43250 23.49 Total For Check 205770 Check 205808 506.28 025-53694912/10/25TYLER TECHNOLOGIES, INC.EP&L (18 USERS) 010126-033126204.6314.44030 506.28 Total For Check 205808 Check 2675 23.49 114-2625662-680984312/02/25AMAZON.COMPOWER PACK408.6411.42010 23.49 Total For Check 2675 14 Item 2. AmountInvoiceInvoice DateVendorInvoice Line DescGL Number INVOICE GL DISTRIBUTION REPORT FOR CITY OF COLUMBIA HEIGHTS 2/2Page:02/12/2026 10:19 AM User: suems DB: Columbia Heights EXP CHECK RUN DATES 01/01/2026 - 01/31/2026 BOTH JOURNALIZED AND UNJOURNALIZED PAID 4,679.11 Fund 204 EDA ADMINISTRATION 3,019.63 Fund 228 DOWNTOWN PARKING 5,967.50 Fund 372 HUSET PARK AREA TIF (T6) 26,223.49 Fund 408 EDA REDEVELOPMENT PROJECT FD Fund Totals: 26,200.00 FIRE SUPPRESSION GRANT PAYMENT 5011 UNIV408.6418.44600 23.49 POWER PACK408.6411.42010 5,967.50 TIF REPORTING PREP - 2024372.7000.43050 1,953.97 REPLACE HEATER-VAN BUREN PARKING RAMP228.6317.44020 1,065.66 ELECTRIC228.6317.43810 506.28 EP&L (18 USERS) 010126-033126204.6314.44030 49.80 COMM DEV ADMIN (2.3%) INTERNET 1225204.6314.43250 42.45 122625 - 10013121 PHONE COMMDEV ADMIN204.6314.43210 2,825.00 ALATUS HYVEE SITE REDEVELOPMENT 0825204.6314.43050 55.58 WALL CALENDARS, DESK PAD204.6314.42000 1,200.00 REDEV AGREEMNT WORK - MEDTRONIC204.0000.22825 --- TOTALS BY GL DISTRIBUTION --- 39,889.73 Total For All Funds: 15 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 1/9Page:02/12/2026 10:17 AM User: suems DB: Columbia Heights PERIOD ENDING 01/31/2026 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 01/31/2026 ACTIVITY FOR MONTH 01/31/26 ENCUMBERED YEAR-TO-DATE 2026 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 204 - EDA ADMINISTRATION Expenditures Dept 6314 - ECONOMIC DEVELOPMENT AUTH PERSONNEL SERVICES 7.95 192,754.66 16,645.34 16,645.34 0.00 209,400.00 REGULAR EMPLOYEES204.6314.41010 7.40 14,445.72 1,154.28 1,154.28 0.00 15,600.00 P.E.R.A. CONTRIBUTION204.6314.41210 7.84 14,745.85 1,254.15 1,254.15 0.00 16,000.00 F.I.C.A. CONTRIBUTION204.6314.41220 4.95 22,810.94 1,189.06 1,189.06 0.00 24,000.00 INSURANCE204.6314.41300 8.88 820.10 79.90 79.90 0.00 900.00 MN PAID LEAVE TAX204.6314.41410 8.32 641.75 58.25 58.25 0.00 700.00 WORKERS COMP INSURANCE PREM204.6314.41510 7.64 246,219.02 20,380.98 20,380.98 0.00 266,600.00 PERSONNEL SERVICES SUPPLIES 0.00 200.00 0.00 0.00 0.00 200.00 OFFICE SUPPLIES204.6314.42000 0.00 200.00 0.00 0.00 0.00 200.00 MINOR EQUIPMENT204.6314.42010 0.00 200.00 0.00 0.00 0.00 200.00 GENERAL SUPPLIES204.6314.42171 0.00 200.00 0.00 0.00 0.00 200.00 FOOD SUPPLIES204.6314.42175 0.00 800.00 0.00 0.00 0.00 800.00 SUPPLIES OTHER SERVICES & CHARGES 3.35 13,434.25 465.75 465.75 0.00 13,900.00 EXPERT & PROFESSIONAL SERV.204.6314.43050 0.00 4,500.00 0.00 0.00 0.00 4,500.00 TRAINING & EDUCATION ACTIVITIES204.6314.43105 44.01 671.84 49.33 49.33 478.83 1,200.00 TELEPHONE204.6314.43210 0.00 100.00 0.00 0.00 0.00 100.00 POSTAGE204.6314.43220 4.70 476.51 23.49 23.49 0.00 500.00 OTHER TELECOMMUNICATIONS204.6314.43250 0.00 200.00 0.00 0.00 0.00 200.00 LOCAL TRAVEL EXPENSE204.6314.43310 0.00 1,500.00 0.00 0.00 0.00 1,500.00 OUT OF TOWN TRAVEL EXPENSE204.6314.43320 0.00 200.00 0.00 0.00 0.00 200.00 LEGAL NOTICE PUBLISHING204.6314.43500 0.00 3,500.00 0.00 0.00 0.00 3,500.00 PROP & LIAB INSURANCE204.6314.43600 0.00 100.00 0.00 0.00 0.00 100.00 REPAIR & MAINT. SERVICES204.6314.44000 68.42 1,168.60 0.00 0.00 2,531.40 3,700.00 SOFTWARE & SOFTWARE SUBSCRIPTIONS204.6314.44030 0.00 9,500.00 0.00 0.00 0.00 9,500.00 INFORMATION SYS:INTERNAL SVC204.6314.44040 0.00 1,200.00 0.00 0.00 0.00 1,200.00 SUBSCRIPTION, MEMBERSHIP204.6314.44330 0.00 800.00 0.00 0.00 0.00 800.00 COMMISSION & BOARDS204.6314.44380 8.68 37,351.20 538.57 538.57 3,010.23 40,900.00 OTHER SERVICES & CHARGES CONTINGENCIES & TRANSFERS 8.33 23,466.67 2,133.33 2,133.33 0.00 25,600.00 OPER. TRANSFER OUT - LABOR204.6314.47100 0.00 80,000.00 0.00 0.00 0.00 80,000.00 TRANSFR:EDA REDEVELP PROJ FD204.6314.47421 2.02 103,466.67 2,133.33 2,133.33 0.00 105,600.00 CONTINGENCIES & TRANSFERS 6.30 387,836.89 23,052.88 23,052.88 3,010.23 413,900.00 Total Dept 6314 - ECONOMIC DEVELOPMENT AUTH 6.30 387,836.89 23,052.88 23,052.88 3,010.23 413,900.00 TOTAL EXPENDITURES 6.30 (387,836.89)(23,052.88)(23,052.88)(3,010.23)(413,900.00)NET OF REVENUES & EXPENDITURES 6.30 387,836.89 23,052.88 23,052.88 3,010.23 413,900.00 TOTAL EXPENDITURES 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES Fund 204 - EDA ADMINISTRATION: 16 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 2/9Page:02/12/2026 10:17 AM User: suems DB: Columbia Heights PERIOD ENDING 01/31/2026 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 01/31/2026 ACTIVITY FOR MONTH 01/31/26 ENCUMBERED YEAR-TO-DATE 2026 AMENDED BUDGETDESCRIPTIONGL NUMBER 17 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 3/9Page:02/12/2026 10:17 AM User: suems DB: Columbia Heights PERIOD ENDING 01/31/2026 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 01/31/2026 ACTIVITY FOR MONTH 01/31/26 ENCUMBERED YEAR-TO-DATE 2026 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 228 - DOWNTOWN PARKING Expenditures Dept 6317 - DOWNTOWN PARKING SUPPLIES 28.80 1,068.00 432.00 432.00 0.00 1,500.00 OTHER TECHNOLOGY EQUIPMENT228.6317.42012 28.80 1,068.00 432.00 432.00 0.00 1,500.00 SUPPLIES OTHER SERVICES & CHARGES 0.00 3,500.00 0.00 0.00 0.00 3,500.00 PROP & LIAB INSURANCE228.6317.43600 11.33 2,128.01 271.99 271.99 0.00 2,400.00 UTILITY SERVICES228.6317.43800 7.95 12,334.34 1,065.66 1,065.66 0.00 13,400.00 ELECTRIC228.6317.43810 1.66 36,385.70 0.00 0.00 614.30 37,000.00 REPAIR & MAINT. SERVICES228.6317.44000 532.50 (8,650.00)0.00 0.00 10,650.00 2,000.00 BLDG MAINT CONTRACTUAL SERVICES228.6317.44020 0.00 100.00 0.00 0.00 0.00 100.00 TAXES & LICENSES228.6317.44390 21.58 45,798.05 1,337.65 1,337.65 11,264.30 58,400.00 OTHER SERVICES & CHARGES 21.76 46,866.05 1,769.65 1,769.65 11,264.30 59,900.00 Total Dept 6317 - DOWNTOWN PARKING 21.76 46,866.05 1,769.65 1,769.65 11,264.30 59,900.00 TOTAL EXPENDITURES 21.76 (46,866.05)(1,769.65)(1,769.65)(11,264.30)(59,900.00)NET OF REVENUES & EXPENDITURES 21.76 46,866.05 1,769.65 1,769.65 11,264.30 59,900.00 TOTAL EXPENDITURES 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES Fund 228 - DOWNTOWN PARKING: 18 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 4/9Page:02/12/2026 10:17 AM User: suems DB: Columbia Heights PERIOD ENDING 01/31/2026 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 01/31/2026 ACTIVITY FOR MONTH 01/31/26 ENCUMBERED YEAR-TO-DATE 2026 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 372 - HUSET PARK AREA TIF (T6) Expenditures Dept 7000 - BONDS OTHER SERVICES & CHARGES 13.00 8,700.00 0.00 0.00 1,300.00 10,000.00 EXPERT & PROFESSIONAL SERV.372.7000.43050 0.00 700,000.00 0.00 0.00 0.00 700,000.00 LOANS & GRANTS372.7000.44600 0.18 708,700.00 0.00 0.00 1,300.00 710,000.00 OTHER SERVICES & CHARGES CAPITAL OUTLAY 100.00 0.00 145,000.00 145,000.00 0.00 145,000.00 PRINCIPAL372.7000.46010 53.62 18,925.00 21,875.00 21,875.00 0.00 40,800.00 INTEREST372.7000.46110 20.00 2,800.00 0.00 0.00 700.00 3,500.00 FISCAL AGENT CHARGES372.7000.46200 100.00 (575.00)575.00 575.00 0.00 0.00 MISCELLANEOUS FISCAL CHARGES372.7000.46210 88.83 21,150.00 167,450.00 167,450.00 700.00 189,300.00 CAPITAL OUTLAY 18.84 729,850.00 167,450.00 167,450.00 2,000.00 899,300.00 Total Dept 7000 - BONDS 18.84 729,850.00 167,450.00 167,450.00 2,000.00 899,300.00 TOTAL EXPENDITURES 18.84 (729,850.00)(167,450.00)(167,450.00)(2,000.00)(899,300.00)NET OF REVENUES & EXPENDITURES 18.84 729,850.00 167,450.00 167,450.00 2,000.00 899,300.00 TOTAL EXPENDITURES 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES Fund 372 - HUSET PARK AREA TIF (T6): 19 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 5/9Page:02/12/2026 10:17 AM User: suems DB: Columbia Heights PERIOD ENDING 01/31/2026 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 01/31/2026 ACTIVITY FOR MONTH 01/31/26 ENCUMBERED YEAR-TO-DATE 2026 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 375 - TIF Z6: 47TH & GRAND Expenditures Dept 7000 - BONDS OTHER SERVICES & CHARGES 0.00 (600.00)0.00 0.00 600.00 0.00 EXPERT & PROFESSIONAL SERV.375.7000.43050 0.00 (600.00)0.00 0.00 600.00 0.00 OTHER SERVICES & CHARGES 0.00 (600.00)0.00 0.00 600.00 0.00 Total Dept 7000 - BONDS 0.00 (600.00)0.00 0.00 600.00 0.00 TOTAL EXPENDITURES 100.00 600.00 0.00 0.00 (600.00)0.00 NET OF REVENUES & EXPENDITURES 100.00 (600.00)0.00 0.00 600.00 0.00 TOTAL EXPENDITURES 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES Fund 375 - TIF Z6: 47TH & GRAND: 20 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 6/9Page:02/12/2026 10:17 AM User: suems DB: Columbia Heights PERIOD ENDING 01/31/2026 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 01/31/2026 ACTIVITY FOR MONTH 01/31/26 ENCUMBERED YEAR-TO-DATE 2026 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 391 - SCATTERED SITE TIF W3/W4 Expenditures Dept 7000 - BONDS OTHER SERVICES & CHARGES 0.00 (600.00)0.00 0.00 600.00 0.00 EXPERT & PROFESSIONAL SERV.391.7000.43050 0.00 (600.00)0.00 0.00 600.00 0.00 OTHER SERVICES & CHARGES 0.00 (600.00)0.00 0.00 600.00 0.00 Total Dept 7000 - BONDS 0.00 (600.00)0.00 0.00 600.00 0.00 TOTAL EXPENDITURES 100.00 600.00 0.00 0.00 (600.00)0.00 NET OF REVENUES & EXPENDITURES 100.00 (600.00)0.00 0.00 600.00 0.00 TOTAL EXPENDITURES 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES Fund 391 - SCATTERED SITE TIF W3/W4: 21 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 7/9Page:02/12/2026 10:17 AM User: suems DB: Columbia Heights PERIOD ENDING 01/31/2026 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 01/31/2026 ACTIVITY FOR MONTH 01/31/26 ENCUMBERED YEAR-TO-DATE 2026 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 392 - TIF BB2 ALATUS 40TH AV Expenditures Dept 7000 - BONDS OTHER SERVICES & CHARGES 0.00 (600.00)0.00 0.00 600.00 0.00 EXPERT & PROFESSIONAL SERV.392.7000.43050 0.00 (600.00)0.00 0.00 600.00 0.00 OTHER SERVICES & CHARGES 0.00 (600.00)0.00 0.00 600.00 0.00 Total Dept 7000 - BONDS 0.00 (600.00)0.00 0.00 600.00 0.00 TOTAL EXPENDITURES 100.00 600.00 0.00 0.00 (600.00)0.00 NET OF REVENUES & EXPENDITURES 100.00 (600.00)0.00 0.00 600.00 0.00 TOTAL EXPENDITURES 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES Fund 392 - TIF BB2 ALATUS 40TH AV: 22 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 8/9Page:02/12/2026 10:17 AM User: suems DB: Columbia Heights PERIOD ENDING 01/31/2026 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 01/31/2026 ACTIVITY FOR MONTH 01/31/26 ENCUMBERED YEAR-TO-DATE 2026 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 393 - TIF BB6 ALATUS 4300 CENTRAL Expenditures Dept 7000 - BONDS OTHER SERVICES & CHARGES 0.00 (600.00)0.00 0.00 600.00 0.00 EXPERT & PROFESSIONAL SERV.393.7000.43050 0.00 (600.00)0.00 0.00 600.00 0.00 OTHER SERVICES & CHARGES 0.00 (600.00)0.00 0.00 600.00 0.00 Total Dept 7000 - BONDS 0.00 (600.00)0.00 0.00 600.00 0.00 TOTAL EXPENDITURES 100.00 600.00 0.00 0.00 (600.00)0.00 NET OF REVENUES & EXPENDITURES 100.00 (600.00)0.00 0.00 600.00 0.00 TOTAL EXPENDITURES 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES Fund 393 - TIF BB6 ALATUS 4300 CENTRAL: 23 Item 2. REVENUE AND EXPENDITURE REPORT FOR CITY OF COLUMBIA HEIGHTS 9/9Page:02/12/2026 10:17 AM User: suems DB: Columbia Heights PERIOD ENDING 01/31/2026 % BDGT USED UNENCUMBERED BALANCE YTD BALANCE 01/31/2026 ACTIVITY FOR MONTH 01/31/26 ENCUMBERED YEAR-TO-DATE 2026 AMENDED BUDGETDESCRIPTIONGL NUMBER Fund 408 - EDA REDEVELOPMENT PROJECT FD Expenditures Dept 6411 - FACADE IMPROVEMENT GRANT OTHER SERVICES & CHARGES 0.00 80,000.00 0.00 0.00 0.00 80,000.00 LOANS & GRANTS408.6411.44600 0.00 80,000.00 0.00 0.00 0.00 80,000.00 OTHER SERVICES & CHARGES 0.00 80,000.00 0.00 0.00 0.00 80,000.00 Total Dept 6411 - FACADE IMPROVEMENT GRANT Dept 6414 - COMMERCIAL REVITALIZATION OTHER SERVICES & CHARGES 0.00 20,000.00 0.00 0.00 0.00 20,000.00 EXPERT & PROFESSIONAL SERV.408.6414.43050 0.00 20,000.00 0.00 0.00 0.00 20,000.00 OTHER SERVICES & CHARGES CAPITAL OUTLAY 22.80 231,593.12 0.00 0.00 68,406.88 300,000.00 LAND408.6414.45110 22.80 231,593.12 0.00 0.00 68,406.88 300,000.00 CAPITAL OUTLAY 21.38 251,593.12 0.00 0.00 68,406.88 320,000.00 Total Dept 6414 - COMMERCIAL REVITALIZATION 17.10 331,593.12 0.00 0.00 68,406.88 400,000.00 TOTAL EXPENDITURES 17.10 (331,593.12)0.00 0.00 (68,406.88)(400,000.00)NET OF REVENUES & EXPENDITURES 17.10 331,593.12 0.00 0.00 68,406.88 400,000.00 TOTAL EXPENDITURES 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES Fund 408 - EDA REDEVELOPMENT PROJECT FD: 15.76 (1,493,746.06)(192,272.53)(192,272.53)(87,081.41)(1,773,100.00)NET OF REVENUES & EXPENDITURES 15.76 1,493,746.06 192,272.53 192,272.53 87,081.41 1,773,100.00 TOTAL EXPENDITURES - ALL FUNDS 100.00 0.00 0.00 0.00 0.00 0.00 TOTAL REVENUES - ALL FUNDS 24 Item 2. ITEM: Fire Suppression Grant Application 4755 University Ave NE (El Pollo Loco LLC). Presenting Item: CD Coordinator Emilie Voight DEPARTMENT: Community Development BY/DATE: CD Coordinator, 02/24/2026 CORE CITY STRATEGIES: (please indicate areas that apply by adding an “X” in front of the selected text below) _Community that Grows with Purpose and Equity _High Quality Public Spaces X Safe, Accessible and Built for Everyone _Engaged, Effective and Forward-Thinking _Resilient and Prosperous Economy _Inclusive and Connected Community BACKGROUND In 2022, the EDA created the Fire Suppression Grant Program to assist local businesses with the expenses incurred when installing fire suppression systems within commercial buildings. Many of the commercial properties in Columbia Heights do not have fire suppression systems. Certain businesses and changes of use require the addition of fire suppression systems to existing buildings. The price of adding fire suppression systems is often cost prohibitive for small businesses. The owners of the property at 4755 University Ave NE, Julio Orellana and Johanna Espinoza, have submitted an application for this grant program. The property owners are currently working to establish a new business in the building: a grocery/deli called El Pollo Loco. In order to modernize the building and expand its potential future uses, the owners intend to install a fire suppression system. The applicants have provided the required two quotes from licensed fire protection contractors. One bid amounts to $42,030 (LifeSaver) and the other amounts to $51,863 (Nova). The quotes have been included in the meeting packet. Based on these quotes, the project would be eligible to receive a maximum grant award of $25,931.50. In the 2026 budgeting process, the EDA allocated $100,000 to the Fire Suppression Grant program. This is the first Fire Suppression Grant application in 2026. STAFF RECOMMENDATION Staff recommend approval of the grant application at the maximum reimbursement allowance of $25,931.50. Installation of a fire suppression system in the structure will modernize the building and improve its safety. ECONOMIC DEVELOPMENT AUTHORITY AGENDA SECTION BUSINESS ITEMS MEETING DATE 03/02/2026 25 Item 3. City of Columbia Heights - EDA Letter Page 2 RECOMMENDED MOTION(S): MOTION: Move to waive the reading of Resolution 2026-10, there being ample copies available to the public. MOTION: Move to approve Resolution 2026-10, a resolution of the Economic Development Authority of Columbia Heights, Minnesota, approving the form and substance of the Fire Suppression Grant Agreement, and approving authority staff and officials to take all actions necessary to enter the authority into the Fire Suppression Grant Agreement with the owners of 4755 University Ave NE (El Pollo Loco). ATTACHMENT(S) 1. Resolution 2026-10 2. 4755 University Ave NE (El Pollo Loco) Fire Suppression Grant Application 3. Draft Fire Suppression Grant Agreement 26 Item 3. Resolution 2026-10 RESOLUTION NO. 2026-10 A RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY OF COLUMBIA HEIGHTS, MINNESOTA, APPROVING THE FORM AND SUBSTANCE OF THE FIRE SUPPRESSION GRANT AGREEMENT, AND APPROVING AUTHORITY STAFF AND OFFICIALS TO TAKE ALL ACTIONS NECESSARY TO ENTER THE AUTHORITY INTO THE FIRE SUPPRESSION GRANT AGREEMENT WITH THE OWNERS OF 4755 UNIVERSITY AVE NE (EL POLLO LOCO LLC). WHEREAS, the City of Columbia Heights (the “City”) and the Columbia Heights Economic Development Authority (the “Authority”) have collaborated to create a certain Fire Suppression Grant Program (the “Program”); and WHEREAS, pursuant to guidelines established for the Program, the Authority is to award and administer a series of grants to eligible commercial or industrial property owners and/or tenants for the purposes of revitalizing, rehabilitating, and restoring buildings, and increasing business vitality, economic performance, and public safety; and WHEREAS, the Authority has thoroughly reviewed copies of the proposed form of the Grant Agreement. NOW, THEREFORE BE IT RESOLVED that, after appropriate examination and due consideration, the Authority: 1. approves the form and substance of the grant agreement and approves the Authority entering into the agreement with the owners of 4755 University Ave NE (El Pollo Loco LLC). 2. that the City Manager, as the Executive Director of the Authority, is hereby authorized, empowered and directed for and on behalf of the Authority to enter into the grant agreement. 3. that the City Manager, as the Executive Director of the Authority, is hereby authorized and directed to execute and take such action as they deem necessary and appropriate to carry out the purpose of the foregoing resolution. ORDER OF ECONOMIC DEVELOPMENT AUTHORITY Adopted this 2nd day of March, 2026 Offered by: Seconded by: Roll Call: President Attest: Secretary 27 Item 3. FIRE SUPPRESSION GRANT AGREEMENT THIS FIRE SUPPRESSION GRANT AGREEMENT (“Agreement”), dated this ___ day of ___________, 2026 (the “Effective Date”), is entered into by and between the owners of El Pollo Loco, LLC, located at 4755 University Ave NE (the “Grantee”), and the Columbia Heights Economic Development Authority (the “EDA”). RECITALS WHEREAS, Grantee is the owner of certain Property located at 4755 University Ave NE in the City of Columbia Heights (the “City”), Anoka County, Minnesota, and legally described in Exhibit A hereto (the “Property”); WHEREAS, the EDA has instituted a Fire Suppression Grant Program (the “Program”) for the purpose of revitalizing existing commercial spaces, increasing business vitality, and bolstering public safety; WHEREAS, as part of the Program, the EDA has proposed to make grants of money in the maximum amount of Fifty Thousand Dollars ($50,000.00) per parcel of real property, to property owners, tenants, or nonprofit organizations, in order to promote safety, attract new businesses, and revitalize commercial buildings within the City; and WHEREAS, Grantee desires to participate in the Program, on the terms and conditions set forth below. NOW, THEREFORE, in consideration of the premises and of the agreements hereinafter contained, the parties agree as follows: 1. Fire Suppression Improvements: Grantee agrees to complete the fire suppression improvements at the Property that are identified on Exhibit B attached hereto (the “Improvements”), subject to the following terms and conditions: a. Grantee shall provide plans and specifications to the EDA, detailing the Improvements to be completed (the “Plans”). If Grantee wishes to revise the Plans, Grantee must submit the revised Plans to the EDA at the address provided herein. The EDA shall give written notice of its approval or disapproval of the revisions to the Plans, and if the EDA does not give such written approval or disapproval within thirty (30) business days after receipt of Grantee’s revised Plans, the EDA shall be deemed to have approved the revisions to the Plans. b. The Improvements shall be constructed consistently with the Plans, as the same may be revised pursuant to Section 1(a) herein. The cost to complete construction of the Improvements shall be defined as the “Improvement Costs.” The Improvements shall be completed in a first-class manner, consistent with the Plans, if any, and in compliance with all applicable laws, 28 Item 3. 2 rules, and regulations. Grantee shall obtain all required permits and approvals from the City and any other governing authority with jurisdiction over the Property related to the construction of the Improvements. The out-of-pocket costs for such permitting and approvals shall be the responsibility of Grantee, provided the same shall be included in the definition of “Improvement Costs,” and subject to the provisions of Section 2 of this Agreement. c. Grantee agrees to commence the Improvements within sixty (60) days following the signing of the Agreement, and to complete the Improvements within ten (10) months but may request a six (6) month extension provided there is demonstrated hardship. 2. Payment of Grant Funds: Grantee shall be responsible for making initial payment to all contractors involved in the construction of the Improvements. Upon final completion of the Improvements, Grantee shall make a written request to the EDA for reimbursement of one-half (1/2) of the actual Improvement Costs incurred by Grantee, but in no event shall the reimbursement exceed Fifty Thousand Dollars ($50,0000.00). The written request shall include: a. Proof of all inspections of the Improvements by the City Building Official and Fire Department; b. Before and after photographs of Improvements made (as well as follow-up transmission of electronic files of such photographs), and reflecting that the Improvements were completed consistently with any approved Plans; c. A copy of the final invoice(s) received from the licensed fire protection contractor(s) who completed the Improvements; d. Proof of payment of invoice(s) that comprised the Improvement Costs; and e. Copies of all applicable permit(s). Following Grantee’s written request for reimbursement, Grantee shall cooperate with the EDA in delivering to the EDA such follow-up information as is reasonably requested by the EDA in order to review the Improvements and Improvement Costs reimbursement request. Within twenty-one (21) days following receipt of Grantee’s written request for reimbursement of Improvement Costs, the EDA shall: (i) make payment of the reimbursement, (ii) send Grantee written explanation of such other items of information as are needed by the EDA to evaluate the reimbursement request, or (iii) send Grantee written explanation of the EDA’s reasons for denial of repayment of any of Grantee’s requested reimbursement. 3. Liability for Improvements: Neither the City nor the EDA shall in any event be liable to the Grantee, nor to any of its agents, employees, guests or invitees at the Property for, and the Grantee shall indemnify, save, defend, and hold harmless the City and the EDA from, any claims or causes of action, including attorney’s fees incurred by the City or the EDA, arising from defect or claimed defect of any of the Improvements, or arising from any action of the City or the EDA under this Agreement. This section shall survive the termination or expiration of this Agreement. 29 Item 3. 3 4. Written Notice: Wherever any notice is required or permitted hereunder, such notice shall be in writing. Any notice or document required or permitted to be delivered hereunder shall be deemed to be delivered when actually received by the designated addressee or regardless of whether actually received or not, when deposited in the United States Mail, postage prepaid, certified mail, return receipt requested, addressed to the parties hereto at their respective addresses, as set forth below, or at such other address as they may subsequently specify by written notice. If to the EDA: Columbia Heights EDA Community Development Department 3989 Central Ave NE Columbia Heights, MN 55421 If to Grantee: El Pollo Loco, LLC Attn: Julio Orellana and Johanna Espinoza 4755 University Ave NE Columbia Heights, MN 55421 5. Captions; Choice of Law; Etc. The paragraph headings or captions appearing in this Agreement are for convenience only, are not a part of this Agreement, and are not to be considered in interpreting this Agreement. This Agreement constitutes the complete agreement between the parties and supersedes any prior oral or written agreements between the parties regarding the subject matter contained herein. There are no verbal agreements that change this Agreement. This Agreement binds and benefits the parties hereto and their successors and assigns. This Agreement has been made under the laws of the State of Minnesota, and such laws will control its interpretation. [Signatures to Appear on Following Page] 30 Item 3. 4 IN WITNESS WHEREOF, Grantee and the EDA have signed this Agreement as of the day and year first above written. GRANTEE: EL POLLO LOCO, LLC / 4755 UNIVERSITY AVE NE By:____________________________ Name: _________________________ Its:____________________________ Date:__________________________ EDA: COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY By: Name: _________________________ Its:____________________________ Date:__________________________ 31 Item 3. 5 EXHIBIT A LEGAL DESCRIPTION OF PROPERTY LOTS 29 & 30, BLK 21, ROSLYN PARK EX RD; SUBJ TO EASE OF REC 32 Item 3. 6 EXHIBIT B PROPERTY IMPROVEMENTS SUBJECT TO A 50% REIMBURSEMENT This attachment contains a summary of the project identified in the application for the Fire Suppression Grant Program. The summary reflects the Grantee’s proposed project as approved by the EDA on March 2nd, 2026, and may reflect minor changes to the total cost and minor changes in the proposed project that occurred subsequent to application submission. The application is incorporated into this grant agreement by reference and is made a part of this grant agreement as follows. If the application or any provision in this application conflicts with or is inconsistent with other provisions of this agreement or the project summary contained in this Exhibit B, the terms and descriptions contained in this grant agreement and the project summary shall prevail. Project summary: Design and install a fire suppression system to cover the entire building, at the cost of $51,863.00. 33 Item 3. 34 Item 3. 35 Item 3. 36 Item 3. 37 Item 3. 38 Item 3. 39 Item 3. 40 Item 3. 41 Item 3. 42 Item 3. 43 Item 3. 44 Item 3. 45 Item 3. 46 Item 3. ITEM: 2026 EDA Goal Setting Part II. Presenting Item: Mitchell Forney, Community Development Director DEPARTMENT: Community Development BY/DATE: Comm Dev Team, 2/27/2026 CORE CITY STRATEGIES: _Community that Grows with Purpose and Equity _High Quality Public Spaces _Safe, Accessible and Built for Everyone _Engaged, Effective and Forward-Thinking X Resilient and Prosperous Economy _Inclusive and Connected Community BACKGROUND Based on the focus areas agreed upon by the Commission in December 2025 and on the specific suggestions Commissioners made during the February 2026 goal setting activity, staff have prepared a list of draft 2026 goals for the EDA’s consideration. The goals listed below will inform the creation and execution of the year’s work plan for Community Development staff. In doing so, they will help match EDA priorities with available resources. Certain goals are specific, while others are more general; while developing this list, staff worked to capture the ideas put forth by the Commission while leaving space for additional opportunities. 1. Central Ave a. Advance placemaking and public art initiatives along Central Avenue to enhance the corridor’s identity and to support economic vitality. b. Expand the City’s Business Retention & Expansion (BRE) program with a strategic focus on Central Avenue, in preparation for the upcoming highway reconstruction project. 2. Business a. Pursue business engagement efforts that prioritize personal interaction, consistent communication, and meaningful networking opportunities. b. Strengthen the City’s business support efforts through coordinated information and resource delivery (including financial and technical) and by using marketing and communications to elevate local business visibility. 3. “Big Sites” a. Advance redevelopment of large EDA-owned properties (see also goal 4.a). b. Promote and champion opportunities for major local redevelopment sites and report back to the EDA with regular updates. ECONOMIC DEVELOPMENT AUTHORITY AGENDA SECTION BUSINESS ITEMS MEETING DATE 03/02/2026 47 Item 4. City of Columbia Heights - EDA Letter Page 2 4. Neighborhood/Housing a. Conduct an inventory assessment of EDA-owned properties and create a plan positioning them for reinvestment and reuse. b. Optimize the first year of the City’s Naturally Occurring Affordable Housing (NOAH) Program by tracking feedback, performing targeted outreach and marketing, and making refinements to the program as necessary. ATTACHMENT(S) 1. 2026 Ideas List with Vote Tallies 48 Item 4. Assistance to local businesses (financial) Initiatives to increase City's interactions with and promotion of local business community Create wayfinding featuring local business either through art of some kind of City features website/newsletter to increase awareness of small businesses Central BRE Placemaking along and near Central Ave Public art / benches / flowers/ butterflies at parks + city Reduce the super bright lights at businesses Advance redevelopment of EDA-owned properties Email/communications list similar to Code Red for businesses (verbal idea, not post-it) Host (partner with Business Council) -- to host industry specific business meetings (like restaurants, etc.) Upzoning! (St Louis Park) (1 VOTE) Business outreach regarding creative planning looking ahead to 2028 Central Ave construction Heights-specific placemaking similar to Roseville roses Central Business District public art program Make sure we get money to put in ADA doors / prepare businesses for revitalization and look of Central once construction is complete / more benches Redefining/re-imagining Medtronic site Highlighting businesses in our newsletters (verbal idea, not post- it) Annual community business forum / would like to see more buusiness support opportunities like partnership with St Thomas More housing assistance or Habitat for Humanity (sell site on Benjamin) Begin to create a plan to support local business along Central during reconstruction Incorporating student art into public art projects/ initiatives The Medtronic and Rainbow sites develop 2026 Improved participation at chamber meetings / meetings at businesses different "sections" Find possible place for ADU project/or residential building one to feature Public art ROOT Properties (40th/University) Make a plan for our city owned residential plots not suitable for business development (2 VOTES) Promote and champion opportunities for major redev. sites ("big sites") Keep promoting our NOAH program / would want to keep track of it and get feedback from landlords on what they like and don't like / for tweaks (1 VOTE) Municipal grocery store Updated signage at "Big sites" / Updated website details Take advantage of time out to prep the area, especially water cleanup / Keep our fingers crossed! / Parks Master Plan / Business sponsors base (2 VOTES) 4 VOTES SUBCATEGORY 6 VOTES SUBCATEGORY VOTES CATEGORY 2 VOTES CATEGORY TOTAL: 4 TOTAL: 4 “BIG SITES” redevelopment, tax base, parks IDEAS LIST with VOTE TALLIES: EDA February 2026 Goal Setting NEIGHBORHOOD / HOUSING revitalization BUSINESS support, outreach, grants TOTAL: 4 VOTES CATEGORY CENTRAL AVE revitalization, placemaking, quality of life VOTES CATEGORY TOTAL: 6 49 Item 4. ITEM: NOAH Loan Program Updates. Presenting Item: CD Coordinator Emilie Voight DEPARTMENT: Community Development BY/DATE: CD Coordinator, 02/25/2026 CORE CITY STRATEGIES: (please indicate areas that apply by adding an “X” in front of the selected text below) _Community that Grows with Purpose and Equity _High Quality Public Spaces X Safe, Accessible and Built for Everyone _Engaged, Effective and Forward-Thinking _Resilient and Prosperous Economy _Inclusive and Connected Community BACKGROUND The Columbia Heights Naturally Occurring Affordable Housing (NOAH) Loan Program, an initiative designed to help preserve and maintain affordable housing in the City, officially launched on January 1, 2026. Since the program’s launch, staff have maintained communications with program partner CEE (Minnesota Center for Energy and Environment) to track applications and feedback about the program. Tonight, staff are sharing updates on implementation thus far and making suggestions for minor revisions to the program guidelines. Initial program marketing efforts included social media posts, a news spotlight on the City’s website, an article in the City’s Winter newsletter, and an English/Spanish postal mailing to 437 owners and managers of 2+ unit residential properties in Columbia Heights. City staff plan to also share the program flyer at an upcoming landlord group meeting. As of February 20th, CEE staff had discussed the program with approximately 16 interested potential applicants and had received 5 complete applications for the program. None of the applications to date have qualified for the program. One of the applications that did not qualify during the January-March 50% AMI income prioritization period is expected to eventually qualify during the April-December 80% AMI period. City staff and CEE staff have gathered detailed feedback from applicants and potential applicants about the program’s design and guidelines. There have been two main themes in this feedback: 1) The income verification documentation requirements are seen as too strict. Currently, the program guidelines require applicants to provide copies of tenants’ most recent federal tax return s to demonstrate they meet income requirements. This requirement was designed to ensure the City was taking all possible steps to avoid potential application fraud. Even prior to program launch, however, CD staff had anticipated that obtaining tax returns might be challenging. This has proven true: CEE staff and applicants have indicated that tenants are often uncomfortable providing this information. Some tenants are also unable to provide this information because they do not have formal or documented employment. One building owner explained to staff that they had inherited ECONOMIC DEVELOPMENT AUTHORITY AGENDA SECTION BUSINESS ITEMS MEETING DATE 03/02/2026 50 Item 5. City of Columbia Heights - EDA Letter Page 2 their tenants from a previous building owner. Another stated that at the time of lease signing and background check, their typical method of verifying income involves using paystubs, not tax returns. 2) The number of potential eligible applicants is perceived as very small due to the combination of income and rent requirements. Because the program loans are funded using the City’s LAHA dollars, the City is required to comply with MN State Statute 477A.35 for their use. These statutes specify that for rental housing projects, projects at the 50% AMI level must be prioritized over those at the 80% AMI level, and the housing must be “affordable to the local work force.” These statutory requirements guided the initial program design. SUMMARY OF CURRENT STATUS Based on the feedback obtained during the first two months of program implementation, staff have prepared amended program guidelines (Attachment 2) to allow for additional flexibility in the tenant income verification portion of the application process. The proposed revisions specify that if tenants are unable to provide tax returns, projected income may be verified based on either an attestation or paystubs. In staff’s opinion, it is too soon to assess whether the program should be amended to reconsider the combination of rent requirements and income requirements. On this point, staff plan to provide another update to the EDA in mid-2026, once the construction season has picked up for the spring and summer and once the 80% AMI qualification period has been underway for a few months. STAFF RECOMMENDATION Staff recommend approval of Resolution 2026-09 approving the amended Program Guidelines, dated 02/26/2026, for the Columbia Heights Naturally Occurring Affordable Housing (NOAH) Loan Program. RECOMMENDED MOTION(S): MOTION: Move to waive the reading of Resolution 2026-09, there being ample copies available to the public. MOTION: Move to adopt Resolution 2026-09, a resolution of the Economic Development Authority of Columbia Heights, Minnesota, approving the amended Program Guidelines, dated 02/26/2026, for the Columbia Heights Naturally Occurring Affordable Housing (NOAH) Loan Program. ATTACHMENT(S) 1. Resolution 2026-09 2. Draft Amended NOAH Loan Program Guidelines, dated 02/26/2026 3. English/Spanish NOAH Program Flyer 51 Item 5. Resolution 2026-09 RESOLUTION NO. 2026-09 A RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY OF COLUMBIA HEIGHTS, MINNESOTA, APPROVING THE AMENDED PROGRAM GUIDELINES, DATED 02/26/2026, FOR THE COLUMBIA HEIGHTS NATURALLY OCCURRING AFFORDABLE HOUSING (NOAH) LOAN PROGRAM. WHEREAS, in 2024, the City of Columbia Heights established a Local Housing Trust Fund supported by State allocated Local Affordable Housing Aid (LAHA) funds, and designated the Economic Development Authority (EDA) as the administrator of this Fund to support affordable housing initiatives within the City; and WHEREAS, in 2025, the EDA approved the creation of the Naturally Occurring Affordable Housing (NOAH) Loan Program (the “Program”); and WHEREAS, the Program officially launched on January 1, 2026; and WHEREAS, in response to feedback received from applicants and from the Minnesota Center for Energy and Environment (CEE), the EDA’s program partner, the EDA wishes to revise the Program Guidelines to provide additional options for the types of documentation used for household income verification. NOW, THEREFORE BE IT RESOLVED that, after appropriate examination and due consideration, the Authority hereby: 1. Approves the form and substance of the amended Program Guidelines, dated 02/26/2026, for the Columbia Heights Naturally Occurring Affordable Housing (NOAH) Loan Program ; and 2. Authorizes the officers, employees, and other agents of the Authority to take all actions necessary to perform the Authority’s obligations under the amended Program Guidelines, including, without limitation, all acts and things required of them by or in connection with this resolution , for the full, punctual, and complete performance of all the terms, covenants, and agreements contained herein. ORDER OF ECONOMIC DEVELOPMENT AUTHORITY Adopted this 2nd day of March, 2026 Offered by: Seconded by: Roll Call: President Attest: Secretary 52 Item 5. Exhibit A – amended 02/26/2026 Page 1 EXHIBIT A PROGRAM GUIDELINES 53 Item 5. Exhibit A – amended 02/26/2026 Page 2 COLUMBIA HEIGHTS NATURALLY OCCURING AFFORDABLE HOUSING (NOAH) LOAN PROGRAM GUIDELINES The Columbia Heights Naturally Occurring Affordable Housing (NOAH) Loan Program is designed to supplement existing loan programs available from MHFA, CEE, private lenders and other housing resources. Center for Energy and Environment shall serve as the administrator for the Loan Program and will secure the most beneficial financing based on the borrower’s needs independent of the funding source. Multi-Family Deferred Loan Interest Rate: 0% Amortization Type: Deferred (No Monthly Payments Required). Loan Amount: Minimum of $2,000 and Maximum of $50,000. Notwithstanding the foregoing, for any Eligible Property that includes an owner-occupied unit, the Loan Amount shall be prorated to cover costs, subject to the Matching Funds Requirement, related only to the non-owner-occupied rental units and common spaces within the Eligible Property. Matching Funds Requirement: 50%. The borrower must match the City Loan Amount 1:1. The borrower must show they have sufficient funds necessary to cover the matching amount and any additional funds for the entire project as outlined in the bid(s). Additional funds may come from the borrower’s personal savings, gifts, or other non-City loans. Loan Term: 20 years. If the property has not been sold or title transferred and continues to meet the Income Requirements and Rental Requirements (if applicable) as listed in the Program Guidelines for 20 years from the date of the loan the loan shall be 100% forgiven. If the property is sold, title transferred or does NOT meet the Income Requirements and Rental Requirements (if applicable) as listed in the Program Guidelines prior to 20 years from the date of the loan 100% of the loan will be due, and immediately payable [in the case of sale or title transfer, or as provided in the loan documentation in the case of failure to meet the Income Requirements and Rental Requirements, if applicable]. Eligible Properties: 2+ unit rental properties located within the City of Columbia Heights. An eligible rental property may contain an owner-occupied unit. Properties held in a Trust are NOT eligible. Properties must be conforming uses or legal nonconforming uses under the Columbia Heights Land Use Code. CEE shall verify with the City for property eligibility at time of application. Ineligible Properties: Single family homes, single unit condominiums/townhomes, cooperatives, manufactured homes or properties used for commercial purposes. Properties held in a Trust. 54 Item 5. Exhibit A – amended 02/26/2026 Page 3 Eligible Borrowers: All borrowers must be legal residents of the United States or a business registered with the Minnesota Secretary of State. Ineligible Borrowers: Residents that are not legal residents of the United States, Non-Occupant Co- Borrowers, and Properties in a Trust. Ownership/Occupancy: Owner-occupied or non-owner-occupied properties. Also see Loan Amount and Eligible Properties. Loan - to - Value Ratio: The ratio of all loans secured by the property, including the new loan, should not exceed 110% of the property value. Half of the improvement value may be added to the initial property value. Value can be established by the Property Tax Statement, or an Appraisal dated within the past 12 months. Income Requirements: All units must have a household income which does not exceed 50% of the area median income (“AMI”) as determined by the United States Department of Urban Development (“HUD”) for applications received in January, February, or March of each calendar year and 80% for applications received from April through December of each calendar year. Income will be verified based on the adjusted gross income from the most recent federal tax return. The household income will include anyone listed on the lease (and spouse) or anyone who has a legal interest in the property. If a tax return was not required because of income level, the income will be determined by the projected gross income. If units are unable or unwilling to provide federal tax returns, the income will be demonstrated by projected gross income from either: two recent consecutive paystubs for each member of the household that is 18+ and listed on the lease, or a signed attestation by all household members 18+ and listed on the lease. Rental Requirements: Rent for all rental units shall not exceed 30% of the household monthly income, determined in the same manner as for the income requirements. A copy of the current lease shall be used to verify rent. Debt - to - Income Ratio: N/A Credit Requirements: 1) All mortgage payments must be current 2) All real estate taxes must be current. In Good Standing: Borrowers must be in good standing with the City of Columbia Heights. CEE shall verify with the City for good standing at time of application. Multiple Loans per Property/Borrower: More than one loan per property/borrower is allowed, however, the outstanding balance(s) for this loan CANNOT exceed $50,000. Notwithstanding the foregoing, not more than one loan per property/borrower every five years, commencing from the date of the first loan, is permitted. Property Prioritization Inspection (PI): Required 55 Item 5. Exhibit A – amended 02/26/2026 Page 4 Eligible Use of Funds: Most permanent interior and exterior improvements as determined by the Prioritization Inspection (PI). The City shall be asked to approve uses of funds when eligibility is uncertain. Examples of eligible projects include: ventilation and cooling systems; furnaces, boilers, and water heaters; windows, doors, and siding; insulation; roof repair; tree removal; property regrading; sewer line repair or replacement; electrical system repairs or updates; mold and radon mitigation; accessibility improvements; renovations to increase the number of units; and fire suppression systems. Ineligible Use of Funds: Payment for work initiated prior to the loan being approved and closed, unless due to emergency. Recreation or luxury projects (pools, lawn sprinkler systems, playground equipment, saunas, whirlpools, etc.), non-permanent appliances, and funds for homeowner labor or refinancing existing debts are NOT allowed. Payment for work performed in connection with an owner-occupied unit. Bids: At least two (2) bids are required (unless a “sweat equity” project). All contractors must be properly licensed or registered and permits must be obtained when required. If the Borrower is having difficulty obtaining a 2nd bid CEE may contact the City to request waiver of the 2nd bid requirement. Sweat Equity / Homeowner Labor: Work may be performed by property owners on a “sweat equity” basis. Loan funds may be used only for the purchase of materials. Loan funds cannot be used to purchase tools/ equipment or compensate for labor. Rental of equipment to complete the project is eligible. Only one material cost list is required. Post Installation Inspection: Permits must be obtained and signed off by a City inspector where required; when not required, a post installation inspection will be performed by a CEE representative to ensure the work has been completed before any funds will be released. Loan Security: All loans will be secured with a mortgage in favor of the City of Columbia Heights. Borrower Fees: Borrower will be responsible for a 1% origination fee, title report, document preparation fee, mortgage filing and service fees, credit report fees and any applicable closing fee. Underwriting Decision: Applicants must have acceptable credit history. CEE will approve or deny loans based on a credit report, income verification and other criteria as deemed necessary through CEE’s underwriting guidelines. CEE’s decision shall be final. Work Completion: All work must be completed within 120 days of the loan closing. However, when warranted, CEE may authorize exceptions on a case-by-case basis. General Program Conditions Application Processing: Loans will be distributed on a first come first serve basis as borrowers qualify. Applicants must provide a completed application package including the following in order to be considered for funding.  Completed and signed application form  Proof of income for Borrower and Tenant  Verification of rent 56 Item 5. Exhibit A – amended 02/26/2026 Page 5  Bids or estimates for proposed projects  Other miscellaneous documents loan officers may require. Disbursement Process: Payment to the contractor (or owner in sweat equity situations) will be made upon completion of work. An inspection will be performed by a City Inspector and/or a CEE representative to verify the completion of the work. The following items must be received prior to final disbursement of funds:  Final invoice or proposal from contractor (or materials receipt from supplier);  Final inspection verification by a City Inspector (or CEE);  Completion certificate(s) signed by borrower and contractor;  Lien waiver for entire cost of work;  Evidence of City permit (if required) 57 Item 5. For more information call 612-335-5884 or visit mncee.org/columbiaheights. The current loan terms and conditions stated, including interest rates, do not constitute a commitment to lend or an offer to enter into an agreement, and such an offer may only be made pursuant to Minnesota Statutes, Section 47.206(3) and (4). Loan Terms • Loan amount: $2,000–$50,000 • 0.134% APR* • Income limits apply • Loan term: Deferred for 20 years • Borrower match: 1:1 match required Eligible Properties • 2+ unit residential properties located within the City of Columbia Heights • Property may contain an owner-occupied unit • Property eligibility will be verified by CEE with the City of Columbia Heights City of Columbia Heights Multifamily Loan The City of Columbia Heights is making funds available to help multifamily residence owners make improvements to their properties. Center for Energy and Environment (CEE), a local nonprofit, is administering the program for the City and will work with borrowers to ensure they find funding that meets their needs. Eligible Improvements • A prioritization inspection is required to determine eligible projects. • Eligible improvements include most interior or exterior improvements as determined by the prioritization inspection. If eligibility is uncertain, the City of Columbia Heights will approve uses of funds. UPDATED: 1/2026 * APR IS BASED ON A LOAN AMOUNT OF $50,000 OVER 20 YEARS. NMLS ID 1094923 CENTER FOR ENERGY AND ENVIRONMENT 212 THIRD AVENUE NORTH, SUITE 560 MINNEAPOLIS, MN 55401 612.335.588458 Item 5. Para más información llama al 612-335-5884 o visita la pág. mncee.org/columbiaheights. The current loan terms and conditions stated, including interest rates, do not constitute a commitment to lend or an offer to enter into an agreement, and such an offer may only be made pursuant to Minnesota Statutes, Section 47.206(3) and (4). Términos del préstamo • Cantidad del préstamo: $2,000–$50,000 • 0.134% APR* • Se aplican límites de ingresos • Plazo del préstamo: diferido por 20 años • Emparejamiento entre prestamista y prestatario: 1:1 se requiere igualar Propiedades elegibles • Propiedades residenciales de más de 2 unidades ubicadas en la Ciudad de Columbia Heights • La propiedad puede contar con una unidad ocupada por el propietario • La elegibilidad de la propiedad será verificada por CEE con la Ciudad de Columbia Heights Ciudad de Columbia Heights Préstamo multifamiliar La Ciudad de Columbia Heights tendrá fondos disponibles para ayudar a que dueños de residencias multifamiliares puedan hacer mejoras en sus propiedades. El Centro de Energía y Ambiente (CEE, por sus siglas en Inglés), es una organización local sin fines de lucro que administra el programa para la Ciudad y trabajará en colaboración con los prestatarios para garantizar que consigan el financiamiento que cumpla con sus necesidades. Mejoras elegibles • Se requiere una inspección de priorización para determinar los proyectos elegibles. • Las mejoras elegibles incluyen la mayoría de las mejoras interiores o exteriores determinadas por la inspección de priorización. Si la elegibilidad es incierta, la Ciudad de Columbia Heights aprobará el uso de los fondos. UPDATED: 1/2026 *EL APR ES BASADO EN LA CANTIDAD DEL PRÉSTAMO DE $50,000 A PAGAR EN 20 AÑOS. NMLS ID 1094923 CENTER FOR ENERGY AND ENVIRONMENT 212 THIRD AVENUE NORTH, SUITE 560 MINNEAPOLIS, MN 55401 612.335.588459 Item 5. ITEM: 2026 Economic Impact Relief Discussion. Presenting Item: CD Staff DEPARTMENT: Community Development BY/DATE: CD Staff, 02/27/2026 CORE CITY STRATEGIES: (please indicate areas that apply by adding an “X” in front of the selected text below) _Community that Grows with Purpose and Equity _High Quality Public Spaces _Safe, Accessible and Built for Everyone _Engaged, Effective and Forward-Thinking X Resilient and Prosperous Economy X Inclusive and Connected Community BACKGROUND At the EDA’s February meeting, the Commission discussed providing financial relief to the community to help defray the economic impacts of the Metro Surge federal immigration enforcement actions. As a result of this discussion, the Commission directed Community Development staff to assess how the EDA might provide direct relief to businesses. Prior to the February meeting, staff had already briefly discussed the topic with the EDA’s legal counsel. Based on those earlier conversations with counsel, staff suggested during the meeting that if the EDA wanted to use its own funds for such a relief initiative, a deferred loan program might be the most feasible option. Following the direction given by the Commission during the meeting, staff conducted further research into this topic. This research included statutory analysis with the EDA’s legal counsel and the City Attorney, tracking the City of Minneapolis’ efforts to dedicate funds to business relief, tracking State legislative discussions about relief, and preparing and distributing an English/Spanish business economic impact survey to gather firsthand testimony from local businesses. To date, twenty-three survey responses have been received. A summary of those responses is included as Attachment 1. At this juncture, staff believe there are three possible paths for providing local financial relief to businesses: a. Using City-level levied funds from the EDA’s Community Revitalization program, for a program to be administered by the EDA; b. Requesting Anoka County HRA-level levied funds from the County, for a program to be administered by the City; c. Identifying an independent source of funds in the City’s resources and amending the 2026 City budget to direct these funds to local economic relief, for a program to be administered by the City. Community Development staff will speak in detail about these three options during the meeting. In addition to the economic impact relief measures, staff also received an email from one of the EDA Commissioners concerning emergency rental relief efforts by the City of Richfield and requesting staff look ECONOMIC DEVELOPMENT AUTHORITY AGENDA SECTION BUSINESS ITEMS MEETING DATE 03/02/2026 60 Item 6. City of Columbia Heights - EDA Letter Page 2 into how this type of initiative might be established in Columbia Heights. Staff will speak more about this item during tonight’s meeting. ATTACHMENT(S) 1. Business Economic Impact Survey: Results Summary as of 02/26/2026 61 Item 6. Columbia Heights Business Economic Impact Survey: Results Summary Updated 02/26/2026 1. What type of business do you own or operate? (select one) a. Childcare or eldercare b. Construction or trades – 2 c. Gas station or convenience store d. Grocery store – 1 e. Personal services (examples: hair salon, nail salon, massage) – 2 f. Professional services (examples: tax preparation, accounting services, law offices) – 5 g. Restaurant, coffee shop, café, or bar – 8 h. Retail sales – 3 i. Other – 2 2. What challenges, if any, has your business experienced due to recent federal immigration enforcement action? (select all that apply) a. No challenges – 3 b. Employee absences or hiring challenges – 7 c. Issues with suppliers – 4 d. Reduced sales – 16 e. Security challenges – 5 f. Other (explain) – 6 “Other” responses: • “Las ventas fueron 100% perdidas” (Note, English translation: "the sales were 100% lost") • “I have had no sales since January, this is my small business and I work per order” • “I run a construction company. I have no current roofer available at all my drywall cruise. I used to have three of them. It's down to one. I don't think they're all illegal. I think everybody's scared.” • “ICE agents parking on our property without permission and then we are scardd to confront them.” • “Besides my small business, My husband and I pastor a local Hispanic church. I’ve redirected a lot of time that I would have used for my massage business to helping aid vulnerable members of the community as a volunteer.” • “I have less clients - some are vulnerable to ICE action and others are busy volunteering to help their neighbors. I’ve also been spending hours that would normally be dedicated to my business working as a volunteer to aid the Hispanic community through the Spanish speaking church that my husband pastors.” • “My business has experienced a significant decline in revenue (approximately 90%) due to recent federal immigration enforcement actions. Many of my clients are members of the immigrant community and have expressed fear about leaving their homes, attending appointments, or engaging in normal business 62 Item 6. Columbia Heights Business Economic Impact Survey: Results Summary Updated 02/26/2026 activities. This has resulted in widespread cancellations, reduced foot traffic, and overall financial instability for my business.” • “Lack of growth over the past 4 weeks. We are a new business and had slowly but steadily been increasing sales day over day. But the last 4 weeks we are seeing a drop in those numbers.” 3. What negative impacts, if any, have there been on your business because of the challenges you selected in Question 2? (select all that apply) a. No impacts – 3 b. Business permanently closed – 1 c. Business temporarily closed – 5 d. Decreased revenue or owner pay – 17 e. Difficulty paying rent, mortgage, insurance, or utilities – 10 f. Fewer hours or days that the business is open – 7 g. Reduced employee hours or reduction in staff – 7 h. Other (explain) – 1 “Other” responses: • “The significant decline in revenue has directly affected my ability to maintain stable operations. Client cancellations and reduced demand have resulted in decreased income, financial strain, and increased uncertainty about sustaining normal business activity.” • “We are running this as owner/operators. We had hired one person when the business seemed to be increasing. But we have had to shift their hours down as the traffic in the door has slowed.” 4. Compared to the same time period last year, are your business revenues… (select one) a. Much higher – 2* b. Slightly higher – 1** c. About the same – 3 d. Slightly lower – 1 e. Much lower – 14 *Note: based on these respondents’ answers to other questions, the format of this question may have been misinterpreted. **Note: this respondent also said their business was temporarily closed; the format of this question may have been misinterpreted. 5. If your business revenues are lower than last year, what would you estimate is the total financial loss to your business due to federal immigration enforcement action? • 100% perdido 63 Item 6. Columbia Heights Business Economic Impact Survey: Results Summary Updated 02/26/2026 • El 100% perdidas • $1500 • 10000 • $250,000 • ~$100,000 loss January 2025 to January 2026 • Our sales are down around $5000 per month • 5k-10k. Also as a business less than 2 years old we would have expected to be in more of a growth mode • $25,000 over the past two months • $3000 (de • $3000 between December-February • Estimated total financial loss: approximately $25,000–$30,000, based on projected revenue compared to the same period last year. • $20,000.00 • we were not open at this time last year • We are a new business so don’t have these comps yet. 6. Please use this box to provide any other information you would like us to know. • “I need to pay my rent, bills, payroll, bank.” • “I usually do craft fairs and sales online, but I don't feel safe to do them anymore, my business name is in Spanish and I don't want to be targeted during an event.” • “Disminución del 90% de venta de servicios debido a que nuestros clientes son el 100% Latinos” (Note, English translation: "decrease of 90% of sales since our clients are 100% latinos") • “We aren't having sales problem or revenue problem. We're having throughput problem, which will ultimately impact revenue a lot more long-term. The problem is subcontract labor is significantly down in our industry.” • “High Property Tax is also a big issue in this city.” • “Keep up the "GOOD WORK" I.C.E” • “The city has not been impacted by ICE presence as much as it has been negatively impacted by citizens’ response to ICE presence. Some businesses are hurting because they are immigrant owned or have heavy immigrant employment. I feel for them. Most of the businesses that are hurting have only hurt themselves by closing voluntarily, misusing resources, and being boycotted by the many people in our community who quietly respect ICE and do not want to support businesses that are so loudly and disruptively “anti-ICE”. I am in a unique position to understand this and wholeheartedly believe it is true.” • “We need to get ICE OUT NOW!” • “We are also not booking any future catering events or getting inquiries to do so” • “My business primarily serves members of the immigrant community. Due to recent federal immigration enforcement actions, fear and uncertainty have significantly reduced client activity. Many clients are postponing or canceling 64 Item 6. Columbia Heights Business Economic Impact Survey: Results Summary Updated 02/26/2026 services, resulting in a dramatic decline in revenue compared to last year. As a small business owner, this loss has directly affected my ability to sustain operations and maintain financial stability.” • “I work in trucking services, primarily on various construction sites. The Federal Immigration enforcement action has harmed my business, because most of the employees who work at the different job sites were scared of coming to work. Hence, all the jobs were cancelled. I am currently struggling to pay most of my bills, such as Insurance, truck notes, mortgage, Utilities bills." 65 Item 6.