1. Call to Order
a. Brett Stursa Oath of Office
1A. Executive Summary 1B. Historical Context
Decision: Call to Order
b. Election of officers for the Richfield Economic Development Authority.
1A. Executive Summary 1B. Historical Context | reports=1
Decision: Call to Order
2. Roll Call
3. Open Forum
a. Participants can share their comments in person, by voicemail, or email, and may also request to participate virtually. For more information on submitting comments, refer to the [AGENDA_OFFICIAL_BODY] Agenda and Minutes page on the City's Website .
1A. Executive Summary 1B. Historical Context
Decision: Open Forum
4. Approval of the Agenda
5. Approval of Minutes
a. Approval of the minutes of the Regular Economic Development Authority Meeting of February 17, 2026.
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Decision: Approval of Minutes
6. Presentations
a. Overview of the Elevate Hennepin initiative.
1A. Executive Summary 1B. Historical Context
Decision: Presentations
7. Consent Calendar
Consent Calendar contains several separate items, which are acted upon by the Economic Development Authority in one motion. Once the Consent Calendar has been approved, the individual items and recommended actions have also been approved. No further EDA action on these items is necessary. However, any EDA Commissioner may request that an item be removed from the Consent Calendar and placed on the regular agenda for discussion and action. All items listed on the Consent Calendar are recommended for approval.
a. Consider the adoption of a resolution amending the Bylaws of the Economic Development Authority to adjust the order of operations.
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Decision: Consent Calendar
b. Consider resolutions designating official depositories for the Economic Development Authority for 2026, including the approval of collateral.
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Decision: Consent Calendar
8. Consideration of Items, if Any Removed From Consent Calendar
9. Public Hearings
10. Resolutions
11. Other Business
a. Consider the creation of the Small Business Resiliency Program to provide one-time forgivable loans to small businesses adversely impacted by recent federal immigration actions and the allocation of $150,000 in Economic Development Authority funds for the program.
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Decision: Other Business
12. Executive Director’s Report
13. EDA Discussion Items
14. Approval of Claims
15. Adjournment