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City of Centerville <br />EDA Meeting Minutes <br />May 15, 2024 <br />2. Program Review Î Revolving Grant & Loan Program <br />Executive Director Lewis introduced this item as presented. Discussion ensued about increasing <br />the match in the grant portion of the Revolving Loan and Grant program from up to a 5,000 match <br />to up to a $10,000 match. <br />Motion by Commissioner Mosher, seconded by President Remillard to increase the match in <br />the Revolving Loan and Grant program (grant program only) from up to a $5,000 match to <br />up to a $10,000 match. All in favor. Motion carried. <br />3. Rescheduling June Meeting <br />Executive Director Lewis introduced this item as presented in the packet. Discussion ensued about <br />whether the EDA wanted to move the date of their June meeting in case the council were to ask <br />the EDA for a statement on the use of incentives for development and/or redevelopment, <br />considering the upcoming public hearing on TIF for the LaLonde proposal. The EDA opted to <br />th <br />keep their June meeting on the 18. The EDA will review its policy toolkit later this year, and <br />they want to ensure that their statement(s) are not associated with any particular development. <br /> <br />X. ADJOURNMENT <br />Motion by Commissioner Swenson, seconded by Commissioner Mosher to adjourn the May <br />15, 2024, Economic Development Authority meeting at 7:37 p.m. All in favor. Motion <br />carried. <br />4 <br /> <br />