On the agenda: East Grand Forks meeting — Data Center (Aug 26)

ECONOMIC DEVELOPMENT AUTHORITY REGULAR MEETING AGENDA
12:00 P.M., (NOON) WEDNESDAY, August 26, 2026
EAST GRAND FORKS CITY HALL | TRAINING ROOM, 1ST FLOOR
NOTE: Meeting to be livestreamed on Facebook Live

The mission of the Economic Development Authority is to maintain and improve the economic vitality of East Grand Forks:
•
By retaining & growing local businesses
•
By creating & supporting investment & growth opportunities for commercial activities
•
By creating & supporting opportunities for residential growth, including workforce housing
•
By working to develop a workforce capable of meeting current & future needs of local employers.

REGULAR MEETING
1. Roll Call: President Grinde, Board Members Black, Hecht, Helms, Horken, Stai, & Pokrzywinski
2. Approval of the minutes
a. 5/27/26 Regular Meeting
3. Bills and Communications
a. Review of Accounts Payable: June 2, 2026; June 16, 2026; July 7, 2026; July 21, 2026
4. Reports
a. Delinquencies Update- none
b. Director’s Report
c. Financial Reports- Karla
d. Social Media Report
5. Unfinished Business
a. Residential Tax Abatement Program Renewal Update
b. Simplot RFP Updates
6. New Business
a. Infill Lease Renewal: Galstad, Jensen, & McCann P.A
b. FY27 Budget
c. Housing & Lots Discussion
7. Adjournment
Upcoming Meetings:
12:00pm September 23, 2026
12:00pm October 28, 2026

12:00pm December 16, 2026 (@ Bernie’s)

Individuals with disabilities, language barriers or other needs who plan to attend the meeting and will need special accommodations should contact
Nancy Ellis, ADA Coordinator at (218)-773-2208. Please contact us at least 48 hours before the meeting to give our staff adequate time to make
arrangements. Also, materials can be provided in alternative formats for people with disabilities or with limited English proficiency (LEP) by
contacting the ADA Coordinator (218)-773-2208 five (5) days prior to the meeting.

UNAPPROVED MINUTES OF THE REGULAR MEETING OF THE BOARD MEMBERS OF
THE EAST GRAND FORKS ECONOMIC DEVELOPMENT AUTHORITY (EDA)
A regular meeting of the Board Members of the East Grand Forks Economic Development
Authority was held at Noon on May 27, 2026.
Roll Call:
Meeting was called to order by President Grinde at 12:00 pm.
EDA Board present at roll, Board Members: Dale Helms, Justin Hecht, Ben Pokryzwinski,
Penny Stai, Daniel Black and Ben Horken
Absent:
Staff present: Maggie Brockling, (EDD) Economic Development Director, Brenda Ault (EA),
Executive Assistant; Karla Anderson (FD) Finance Director, Ron Galstad (RG) City
Attorney, Reid Huttunen (CA) City Administrator
Also Present:
1. Roll Call: President Grinde determined a quorum was present.
2. Approval of Minutes
a. April 22, 2026, Regular Meeting
A Motion was made to approve April 22, 2026, Regular Meeting Minutes, by Board Member
Hecht, seconded by Board Member Horken. M/S/P- Hecht, Horken; 7-0, mc.
3. Bills and Communications
a. Review of Accounts Payable: April 21, 2026, May 5,2026, May 19, 2026. No Questions.
FD Anderson stated that the property taxes were paid in April and that is why the
amount is higher for the paid bills.
4. Reports
a. Delinquencies – None
b. Director’s Reports: EDD Brockling stated she has been busy working on the Simplot
property, Tax Increment Finance, Tax Abatement, etc. She attended the Ribbon Cutting
at Waabigwan Mashkiki. Full report is in the packet.
c. Financial Reports: FD Anderson stated that the full reports have been emailed and the
Cash Balance sheet for April is in the packet. Fund 620 is in the negative amount, but it
is in the budget and will be corrected at year end with a transfer of funds.
d. Social Media Analytics: Brockling stated that the stories she has been posting have been
getting some good interaction. And a post broke the all-time high of 27,000 views, with
Mayo’s total of 41,900 views. She said Brenda has a way of telling the story, along with
the personal pictures, has really upped viewer interaction. The group expressed their
thanks to Ault for a job well done.

April 23, 2026
MINUTES OF THE REGULAR MEETING OF THE EAST GRAND FORKS ECONOMIC
DEVELOPMENT AUTHORITY (EDA) (continued)
5. Unfinished Business
a. TIF & Tax Abatement Program: EDD Brockling stated that she has been working at
learning as possible about these items. The timeline so far is:
Loan committee 4.9.26: interest gauging. Group responded positively to move forward.
Council work session 5.12.26: interest gauging. Group also responded positively to
incentive concepts.
Council work session 5.26.26: presentation of final rough draft.
EDA board meeting 5.27.26: presentation of final rough draft with council comments.
Council regular session & public hearing 6.16.26: adoption and implementation into
current subsidies.
She has gotten advice and assistance from two municipal advisors: Gina from Kutakrock
and Todd from Ehlers Financial; studied examples from other communities; as well as
TIF Complexities by LMC presentation notes; TIF 101 by EDAM presentation notes; State
Statutes: 116J.993- 116J.995 (Business Subsidies); 469.174-469.1799 (TIF); 469.1812469.1815 (Abatement).
She has included her final draft in the packet of the program and policies and is as follows:
The East Grand Forks Tax Increment Financing and Tax Abatement program and policies
intentionally restricts use of TIF and abatements to ensure that incentives are nontypical tools, not routine development subsidies; private development remains the
default market condition; public dollars are used only where clear, measurable return
exists; and the city avoids long-term fiscal exposure to underperforming projects. These
are used to achieve strategic city goals. Their sole purpose is to address documented
market failure where development:
•
•

Would not occur without public participation (but-for test), and
Is financially infeasible without gap assistance (feasibility test)

Business subsidy support is seeking city partnership for a contribution of personal
property, real property, infrastructure, the principal amount of a loan at rates below
those commercially available to the recipient, any reduction or deferral of any tax or any
fee, any guarantee of any payment under any loan, lease, or other obligation, or any
preferential use of government facilities given to a business over $150,000 per MN
statutes sections 116J.993, Subd.3. through 116J.995 (the “Subsidy Act”)
• Subsidies may require public hearing, notice to competitors, a city resolution,
construction agreement, security agreement, developers agreement, subsidy
agreement, and TIF/tax abatement agreement
• Subsidies require annual city & state reporting.
• The benefit date for purchase, lease, or donation of physical equipment begins
the date of use.
Page | 2

April 23, 2026
MINUTES OF THE REGULAR MEETING OF THE EAST GRAND FORKS ECONOMIC
DEVELOPMENT AUTHORITY (EDA) (continued)
•

All projects seeking TIF or abatement that constitute a business subsidy under
the Subsidy Act shall comply with the City or EDA’s business subsidy policy as
applicable.

All the following criteria must be met in order to be considered for one of these
economic development instruments to be approved. However, the council may invoke
one or all of the disclosures described on page 7 if deemed necessary.
Process
1. Contact the EDA and city Administrator to review development intentions & goals.
2. Fill out the TIF or tax abatement application. The applicant will work with city
staff to assure all appropriate information is supplied.
3. Project is scored using the rubric as it aligns with city & council goals, land use,
and needs.
4. The city’s municipal advisor does an initial screening of the proposed project.
5. EDA loan committee preliminary review of the proposed project and the potential
use of these discretionary incentives for the project.
6. Council work session review of the proposed project and the potential use of
incentives for the project.
7. Preliminary Planning & Zoning plan review to ensure project is permittable and
will follow codes.
8. If applicable, consult and coordinate with other taxing entities for abatement
projects.
9. Optional public input session.
10. Municipal advisor detailed financial and plan review.
11. EDA final board review and approval.
12. Public hearing is scheduled two weeks prior to council regular session
a. TIF requests: the Tax Increment Financing Plan, along with all necessary
notices are prepared by consultant(s) and sent to the county and the
school board and published in the city’s official newspaper in accordance
with applicable statutory requirements
b. Tax abatement requests: all necessary notices are prepared by
consultant(s) and published in the city’s official newspaper in accordance
with applicable statutory requirements
13. Council regular session approval and public hearing on tax increment financing
plan or tax abatement for the project.
14. Council approval of the terms of an agreement for the tax abatement or tax
increment assistance.
15. Request for certification.
16. County Auditor certification.
Page | 3

April 23, 2026
MINUTES OF THE REGULAR MEETING OF THE EAST GRAND FORKS ECONOMIC
DEVELOPMENT AUTHORITY (EDA) (continued)
17. After execution of agreement and conclusion of all city zoning, planning,
permitting and ordinance requirements, construction of the project may start.
18. Project updates to Council at various milestones
a. TIF district annual evaluation report is presented to council
19. Project completion.
20. Council resolution for decertification/expiration.
Core Policy Principles
All projects must demonstrate:
• Long-term tax base expansion is expected to be permanent, not temporary
• No incentive shall be used to compete with adjacent private development absent
documented need
• Public risk must be minimized and obligated to private parties
• The city will not invest more equity into the project than the developer
Clawbacks Provision and Enforcement
All agreements must include legally binding clawbacks triggered by:
• If applicable, failure to meet job creation targets within 24 months per the
Subsidies Act
• Material misrepresentation in financial pro-forma
Clawbacks may include:
• Full or partial repayment of incentives
• Suspension or termination of remaining tax increment or abatement payments to
the developer
Transparency and Accountability
• All applications materials and models are subject to the Minnesota Data Practices
Act (Minnesota Statutes, Chapter 13).
• Independent financial review required for all projects seeking assistance.
• City municipal advisor review is required for all projects. The city will prepare an
annual report summarizing:
o Performance vs projections
o Jobs created
o Tax base growth
o Increment or tax abatement collected vs forecast
Land, Infrastructure, and Future Considerations
• Projects should be aligned with the city’s existing land use plan, socioeconomic
study, transportation study, and other pertinent studies.
• Priority will be given towards deteriorating, blighted, contaminated properties.
• The city may require the project have elements that benefit the public such as
landscaping, trails, open spaces, playgrounds, or other beneficial additions.
• Developments that encourage future self-sustained growth and/or expansion of
jobs, housing, or industry.
Page | 4

April 23, 2026
MINUTES OF THE REGULAR MEETING OF THE EAST GRAND FORKS ECONOMIC
DEVELOPMENT AUTHORITY (EDA) (continued)
•

•

East Grand Forks prides itself on being a place for experiential enjoyment.
Projects ideally include attributes that support quality of life, recreation, and
wellbeing.
Housing developments ideally create units for seniors and low to moderate
income earners.

Mandatory Criteria
A project must meet ALL of the following before consideration:
A. But-For Requirement Developer must demonstrate through third-party
financial analysis that:
a. Project is financially infeasible without assistance
b. Required return is below industry-standard risk-adjusted thresholds
without subsidy
c. Financing gap cannot be resolved through private equity, conventional
lending, or design modification
B. Feasibility Gap Cap
a. Public participation shall not exceed 25% of total project development cost
b. TIF increment cannot exceed the minimum amount necessary to close the
verified financing gap
C. Wage Policy
a. If applicable, jobs created and defined as a job which pays wages and
benefits must total at least 110% of the current federal poverty rate for a
family of four or such greater amount as the city may require for a specific
project
b. This wage requirement is part of the Subsidy Act
D. Compliance
a. The business subsidy from the city must satisfy all requirements of the
East Grand Forks’s business subsidies policy and
b. Tax increment financing statutes or tax abatement statutes
E. Economic Viability
a. Must demonstrate to the satisfaction of the city that it has adequate
financing for the project and that the project will be completed in a timely
fashion.
b. This includes, but is not limited to, demonstrating loans, grants, or equity
funds to complete the project.
Project Quality Standards & Job Creation
A. Permanent Tax Base Requirement
Project must:
• Add net new taxable value, not simply relocate or repackage existing value
• Demonstrate minimum assessed value increase of 150% over predevelopment land value
• Be expected to maintain stabilized valuation
B. Job Creation Requirement (If applicable to use type)
For commercial, industrial, or mixed-use projects:
Page | 5

April 23, 2026
MINUTES OF THE REGULAR MEETING OF THE EAST GRAND FORKS ECONOMIC
DEVELOPMENT AUTHORITY (EDA) (continued)
Minimum 1 net new permanent job per $100,000 of public assistance
Jobs must be:
o Full-time (30+ hours/week)
o Located within the jurisdiction
o Sustained for at least 3 years post-certification
• Minimum average wage requirement: 110% of federal minimum wage,
unless otherwise justified
For housing-only projects:
• Must demonstrate measurable fiscal benefit through assessed value
growth and infrastructure efficiency gains
 Such as: energy efficiency, improved safety & mobility,
encouragement of economic & community growth, and
environmental considerations
•
•

Minnesota Statutory Compliance & Financing Restrictions
Increment Capture & Duration Limits
A. TIF Term Limits (MN Statute 469.176, Subd 1(1) and 1b)
The city may opt to shorten the maximum duration of the TIF district than what
the statute specifies.

Increment Restriction

Only new incremental tax value attributable to the project may be
captured
B. Tax Abatement Limits (MN Statute 469.1813, Subd 6 (a)(b) & Subd 8)
• Up to 15 years however, should the county or school district decline to
participate in the abatement the duration may extend up to 20 years
• Abatement lengths determined on financial analysis and shortest possible
duration
•

Financing Structure: Pay-As-You-Go Requirement
To limit long-term fiscal exposure, the city adopts a Pay-As-You-Go (PAYGO) financing
preference for all Tax Increment Financing (TIF) supported projects.
• The city shall not issue general obligation bonds backed by tax increment
revenues unless explicitly approved by supermajority vote of the governing body
and supported by a separate finding of extraordinary public necessity.
• All TIF assistance shall default to:
o Pay-as-you-go notes (PAYGO notes), or
o Reimbursement-based development agreements funded strictly from actual
increment received
This policy is intended to ensure that no general fund or taxpayer-backed obligation is
exposed to development risk.

Page | 6

April 23, 2026
MINUTES OF THE REGULAR MEETING OF THE EAST GRAND FORKS ECONOMIC
DEVELOPMENT AUTHORITY (EDA) (continued)
Tax Abatement: Statutory Compliance & Taxing Entity Coordination (Minnesota Statutes
§ 469.1812 through § 469.1815)
All tax abatement actions shall comply with Minnesota Statutes § 469.1812 through §
469.1815 and shall be treated as a high-threshold, limited-use economic development
tool.
A. Required Findings
Before approval, the city must make the findings required by Minnesota law including:
1. It expects the benefits to the political subdivision of the proposed abatement
agreement to at least equal the costs to the city of the proposed agreement or
intends the abatement to phase in a property tax increase, as provided in clause
(2)(vii); and
2. It finds that doing so is in the public interest because it will:
i. Increase or preserve tax base;
ii. Provide employment opportunities in East Grand Forks;
iii. Provide or help acquire or construct public facilities;
iv. Help redevelop or renew blighted areas;
v. Help provide access to services for residents of East Grand Forks;
vi. Finance or provide public infrastructure;
vii. Phase in a property tax increase on the parcel resulting from an increase of
50% or more in one year on the estimated market value of the parcel,
other than increase attributable to improvement of the parcel; or
viii. Stabilize the tax base by fairly adjusting assessed property tax revenues
for a specified period of time with respect to a taxpayer whose real and
personal property is subject to valuation under Minnesota Administrative
Rules, Chapter 8100 Ad Valorem Taxes, Utilities.
In addition, the abatement must meet the following city requirements:
• The abatement is necessary to encourage substantial and long-term development
or redevelopment
• the project would not occur in a timely manner without abatement
• The public benefit (tax base growth, jobs, or infrastructure investment) clearly
outweighs the foregone tax revenue
B. Intergovernmental Coordination Requirement
If the developer seeks tax abatement assistance from the school district and county, the
city will consult with the other taxing entities. Developer may be required to:
• Present project proposal at public meetings to the taxing entities; and/ or
• Participate in public hearings.
No abatement shall be approved without documented evidence that all affected taxing
entities have been engaged in good faith consultation.
Tax Increment Financing: Statutory Compliance (Minnesota §§ 469.174–469.1794)
All TIF districts and agreements shall comply with Minnesota Statutes § 469.174 through
§ 469.1794, including but not limited to:
Page | 7

April 23, 2026
MINUTES OF THE REGULAR MEETING OF THE EAST GRAND FORKS ECONOMIC
DEVELOPMENT AUTHORITY (EDA) (continued)
A. Statutory Purpose Alignment
TIF shall only be used for projects that meet Minnesota’s defined purposes of:
• Correcting blight, redevelopment need, or housing deficiency, or
• Supporting narrowly defined economic development where statutory criteria are
met
The city affirms that TIF is not a general development subsidy tool and shall not be used
to offset market-viable private investment.
B. “But-For” and Economic Findings Reinforced
In addition to statutory “but-for” findings, the city requires:
• Independent third-party financial review confirming gap necessity
• Documentation that the project is not feasible under standard private financing
assumptions
C. Increment Use Limitation
• Only increment directly attributable to the improvement area may be captured
• No cross-subsidization between unrelated districts unless explicitly permitted
under statute and separately approved
D. Duration and Decertification Alignment
• All TIF districts shall be structured to comply with statutory duration limits under
Minnesota law
• Early decertification shall be pursued when:
o Obligations are satisfied, or
o Increment no longer serves a defined public purpose
Summary- The city adopts this framework to ensure full compliance with Minnesota law
while reinforcing that:
• TIF under § 469.174–469.1794 and tax abatement under § 469.1812–469.1815
are exceptional tools, not routine financing mechanisms
• Public financing participation will be limited to projects demonstrating clear fiscal
net gain, measurable job creation, if applicable, and durable tax base expansion
• Intergovernmental impacts will be fully disclosed and considered before any
action is taken
• The city will prioritize financially self-sustaining development over subsidydependent growth
•
•

Page | 8

Disclosures:
The city or EDA shall have the option of amending or waiving sections of this
policy and criteria when determined necessary or appropriate.
Meeting all or most of the criteria, however, does not mean that the tax
increment or tax abatement assistance will be awarded or denied by the city or
EDA. The city or EDA maintains its ability to approve or reject a tax increment or

April 23, 2026
MINUTES OF THE REGULAR MEETING OF THE EAST GRAND FORKS ECONOMIC
DEVELOPMENT AUTHORITY (EDA) (continued)

•

•

tax abatement assistance at its discretion, based on the merits of the project and
the overall benefit to the community, using the criteria as a means of measuring
overall benefit.
Awards of tax increment or tax abatement assistance may be made for reasons
other than job creation, in which case the job and wage requirements would not
apply to that project.
For more details on East Grand Forks’s subsidy requirements, please refer to
2024 City of East Grand Forks & Economic Development Authority’s Business
Subsidy Policy, available at https://egfeda.org/funding .

She also included a Project Evaluation Rubric, Housing Grading Rubric and offered
example graphics of how tax increment financing works.
She asked the Board to review the Final Draft and give her any evaluation guidance she
may have missed.
The group had a discussion of how this program would work and how they should use the
program.
President Grinde asked CA Galstad if he had read the Final Draft and if he saw anything
that needed correcting. CA Galstad stated that he had and felt it was very well thought
out and put together. It makes sense and follows all the rules and he felt that it was good
to go. The Board commended EDD Brockling on a great job putting it all together.
A Motion was made to approve the Final Draft of the TIF & Tax Abatement Program and
to add it to the Existing Business Subsidies Policies. And to send it to the City Council on
June 16th, for final approval, by Board Member Black, seconded by Board Member Hecht.
M/S/P- Black, Hecht; 7-0, mc.
6. New Business
None
7. Adjournment:
Motion to adjourn the meeting was made by Board Member Black, seconded by Board
Member Horken at 12:28 p.m.

The next regular meeting is August 26, 2026
Respectfully Submitted,
Brenda Ault, Executive Assistant

Page | 9

SJA Thunder Corp

Midcontinent Communications

Midcontinent Communications

Fert-L-Lawn Lawn & Tree Services

Thur-O-Clean

Water and Light Department

Water and Light Department

Water and Light Department

Water and Light Department

Water and Light Department

Water and Light Department

Water and Light Department

Water and Light Department

Xcel Energy

Verizon Wireless

Midcontinent Communications

Water and Light Department

Johnson Controls Building Solutions LMike's Pizza - pressure issues

SJA Thunder Corp

620-49-870-44300

630-46-410-43200

630-46-410-43200

630-46-440-43190

630-46-440-43190

630-46-440-43800

630-46-440-43800

630-46-440-43800

630-46-440-43800

630-46-440-43800

630-46-440-43800

630-46-440-43800

630-46-440-43800

630-46-440-43800

630-46-440-44300

682-46-503-43200

682-46-503-43800

682-46-503-44000

682-46-503-44230

Report Total:

2,026.00

600.00

600.00

587.40

784.67

53.93

13,498.02

41.42

1,406.22

38.95

40.99

35.68

38.95

26.66

35.82

46.72

5,080.21

622.50

681.50

2,706.20

2,696.20

255.30

152.91

102.39

Amount

Report Total:

46402

46371

46416

46378

46412

46418

46416

46416

46416

46416

46416

46416

46416

46416

46409

46364

46378

46378

46402

46351

Check No

2,026.00

05/31/2026

05/31/2026

05/31/2026

05/31/2026

05/31/2026

05/31/2026

05/31/2026

05/31/2026

05/31/2026

05/31/2026

05/31/2026

05/31/2026

05/31/2026

05/31/2026

05/31/2026

05/31/2026

05/31/2026

05/31/2026

05/31/2026

05/31/2026

GL Date

Subtotal for Fund: 682

Vendor Subtotal for Dept:46

may 2026 Cleaning at Infill Building

005003-000/Infill/04/20/26-05/20/26

Acct#152354801-#0205 - 05/16/26-06/15/26

5Cell#5814 S.Perez--04/02/26-05/01/26

Acct#51-5171995-8 Sunshine Terrace - 04/17/26-05/18/26

005041-173/Sunshine 102-04/20/26-05/20/26

005041-168/Sunshine 212-04/20/26-05/20/26

005041-172/Sunshine 213-04/20/26-05/20/26

005041-171/Sunshine 104-04/19/26-05/19/26

005041-174/Sunshine 225-04/30/26-05/20/26

005041-169/Sunshine 118-04/20/26-05/20/26

005041-065/Sunshine 207-04/20/26-05/20/26

005041-000/Sunshine Utilities/04/20/26-05/20/26

Janitorial Services for May 2026 - Sunshine Terrace

Root feed fertilization -Sunshine Terrace

Acct#109924501 - Sunshine Terrace - 05/08/26-06/07/26

Acct#109924501 - Sunshine Terrace - 03/08/26-04/07/26

Report Total:

C127943-01 Comm Dev & EDA copier lease. 06/01/26-06/3

Advanced Business Methods Inc

620-49-870-44000
EDA Meeting held over lunch

Description

Bills 6/2/26

Account Number Vendor

Business cards for Brockling - EDA

Knutson Printing Company

Galstad Jensen & McCann PA

Kutak Rock LLP

Allstream

League of MN Cities

Allstream

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

Acme Electric Companies

Marco Technologies LLC

Summit Fire Protection

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

Verizon Wireless

Brian's Flooring Inc

Allstream

620-49-870-42000

620-49-870-43100

620-49-870-43100

620-49-870-43200

630-46-410-41510

630-46-410-43200

630-46-440-42000

630-46-440-43190

630-46-440-43190

630-46-440-43890

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44300

630-46-440-44300

630-46-440-44380

682-46-503-43200

Report Total:
Interconnection Services -Infill-elevator 05/23/26-06/22

Sunshine Terrace Flooring for Apt. 104

5Cell#5814 S.Perez-05/02/26-06/01/26

Contemporary - Background check

Local Ace-Sunshine-kitchen facuet, supply lines & batt

Local Ace-Sunshine-rotary hand cult. grass seed & chai

Lumber Mart-Sunshine-window screen plungers & cran

Lowes-Sunshine-LED Ext. light wall pack & PVC Pane

Local Ace-Sunshine, paracord, shop towels & chain

Local Ace-Sunshine, soil, grass seed & fuel mix

O'Reilly-Sunshine-Mower Battery

Pyl*LCS-rent manager Sunshine-subscription maint.

Midwest Pest - Sunshine pest control maint.

Midwest Pest - Sunshine pest control maint.

Annual inspection of Sprinklers at Sunshine Terrace

HP Copier for Sunshine Terrace

Motor - for City Hall (JCI purchased)

Midco-Sunshine phone, cable, internet office

Cintas-Sunshine rugs supplies

Cintas - Sunshine Terrac Rugs

Local Ace - Flowers for Tenant Committee

Interconnection Services -Sunshine 05/23/26-06/22/26

Work Comp - SS Bldg Mtce-Adjustment

Report Total:

Interconnection Services -EDA 05/23/26-06/22/26

Professional legal services Baker Tilly-abatement

EDA Civil Services-May 2026

Description

Bills 06/16/26

Account Number Vendor

05/31/2026

06/16/2026

06/16/2026

06/16/2026

06/16/2026

06/16/2026

06/16/2026

06/16/2026

06/16/2026

06/16/2026

06/16/2026

06/16/2026

06/16/2026

06/16/2026

05/31/2026

05/31/2026

05/31/2026

06/16/2026

06/16/2026

06/16/2026

06/16/2026

05/31/2026

05/31/2026

05/31/2026

06/16/2026

06/16/2026

06/16/2026

GL Date

46421

46424

46498

46496

46496

46496

46496

46496

46496

46496

46496

46496

46496

46496

46493

46461

46419

46496

46496

46496

46496

46421

46454

46421

46453

46440

46452

Check No

12.80

5,978.66

1,526.20

41.42

44.00

187.95

116.24

50.94

239.96

47.58

85.96

56.26

250.00

135.00

90.00

390.45

109.47

1,438.48

307.38

275.05

275.05

272.72

19.11

19.44

836.26

9.76

206.50

567.00

53.00

Amount

Xcel Energy

Gopher State Lawn Sprinklers

Gopher State Lawn Sprinklers

Northland Yard Service

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

SJA Thunder Corp

682-46-503-43800

682-46-503-44000

682-46-503-44000

682-46-503-44000

682-46-503-44000

682-46-503-44000

682-46-503-44000

682-46-503-44000

682-46-503-44000

682-46-503-44000

682-46-503-44230

June 2026 cleaning

Lowes - Infill elec. ballast

Report Total:

Lowes-Infill-elec. ballast & 2x2 celing panels

Midwest Pest - Infill pest control maint.

Midwest Pest-Infill pest control maint.

Midwest Pest - Infill pest control maint.

Midwest Pest - Infill pest control maint.

lawn maint & trimming downtown Island & flood wall

Labor-valve repair

Maintenance supplies

302611407 - 411 2nd St NW-04/19/26-05/18/26

06/16/2026

06/16/2026

06/16/2026

06/16/2026

06/16/2026

06/16/2026

06/16/2026

05/31/2026

06/16/2026

05/31/2026

05/31/2026

46489

46496

46496

46496

46496

46496

46496

46470

46443

46443

46506

2,455.01

600.00

41.98

67.42

110.00

65.00

65.00

110.00

525.00

480.00

336.76

41.05

Vendor

Galstad Jensen & McCann PA

Allstream

Page 1 Publications, Inc.

Page 1 Publications, Inc.

Advanced Business Methods Inc

Christy Norton

Allstream

Midcontinent Communications

Thur-O-Clean

Water and Light Department

Water and Light Department

Water and Light Department

Water and Light Department

Water and Light Department

Water and Light Department

Water and Light Department

Water and Light Department

Xcel Energy

Marco Technologies LLC

Dakota TV & Appliance

Dakota TV & Appliance

Allstream

Century Link

Midcontinent Communications

Water and Light Department

620-49-870-43100

620-49-870-43200

620-49-870-43200

620-49-870-43200

620-49-870-44000

620-49-870-44300

630-46-410-43200

630-46-410-43200

630-46-440-43190

630-46-440-43800

630-46-440-43800

630-46-440-43800

630-46-440-43800

630-46-440-43800

630-46-440-43800

630-46-440-43800

630-46-440-43800

630-46-440-43800

630-46-440-44000

630-46-440-44380

630-46-440-44380

682-46-503-43200

682-46-503-43200

682-46-503-43200

682-46-503-43800

Bills 07/07/26

Account
Number
06/30/2026

07/07/2026

GL Date

005003-000/Infill/05/20/26-06/20/26
Report Total:

Acct#152354801- Services for -06/16/26-07/15/26

Acct#333594128 - June 04-July 03, 2026-Infil Building

Phone services -Infill-elevator 06/23/26-07/22/26

Report Total:

Air conditioner Sunshine Terrace for Stock

Refrigerator Sunshine Terrace Unit 315

Agmt-003-3264216-000-Sunshine Terrace Color Laserjet

Acct#51-5171995-8 - Sunshine Terrace 05/18/26-06/17/26

005041-173/Sunshine 102-05/20/26-06/20/26

005041-168/Sunshine 212-05/20/26-06/20/26

005041-172/Sunshine 213-05/20/26-06/20/26

005041-171/Sunshine 104-05/19/26-06/19/26

005041-174Sunshine 225-05/20/26-06/20/26

005041-169/Sunshine 118-05/20/26-06/20/26

005041-065/Sunshine 207-05/20/26-06/20/26

005041-000/Sunshine Utilities/05/20/26-06/20/26

Sunshine Terrace Janitorial Services for June 2026

Acct#109924501-Services for Sunshine Terrace 06/08/26-0

Phone services -Sunshine Terrace 06/23/26-07/22/26

Report Total:

EGF Childcare grant funds for exterior door replacement

06/30/2026

06/30/2026

06/30/2026

06/30/2026

06/30/2026

06/30/2026

06/30/2026

06/30/2026

06/30/2026

06/30/2026

06/30/2026

06/30/2026

06/30/2026

06/30/2026

06/30/2026

06/30/2026

06/30/2026

06/30/2026

06/30/2026

06/30/2026

C127943-01 - Comm Dev/EDA Coper lease 07/01/26-07/3 06/30/2026

Consideration & adoption of tax increment financing (TIF) 06/30/2026

Legal Rate Notice of Public Hearing-consideration & adop 06/30/2026

Phone services -EDA 06/23/26-07/22/26

EDA Civil Services-June 2026

Descriptio
n

46610

46573

46525

46518

46535

46535

46570

46614

46610

46610

46610

46610

46610

46610

46610

46610

46602

46573

46518

46583

46515

46586

46586

46518

46548

Check No

956.27

839.11

53.93

50.26

12.97

12,213.24

2,134.85

649.95

202.43

511.00

39.32

42.40

35.68

41.97

40.30

39.19

71.93

5,066.12

622.50

2,696.20

19.40

671.25

200.00

100.00

173.92

173.92

9.91

13.50

Amount

Vendor

US Bank Corporate Payment Systems

Kutak Rock LLP

Page 1 Publications, Inc.

Water and Light Department

Water and Light Department

Water and Light Department

Wanda Thompson

Wanda Thompson

Wanda Thompson

Wanda Thompson

Wanda Thompson

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

Johnson Controls Fire Protection, LP

Opp Construction LLC

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

US Bank Corporate Payment Systems

Vilandre Heating & A/C

US Bank Corporate Payment Systems

Verizon Wireless

Vilandre Heating & A/C

620-49-870-43080

620-49-870-43100

620-49-870-43200

620-49-870-43200

620-49-870-43200

620-49-870-43200

630-00-000-11140

630-00-000-11140

630-00-000-11140

630-00-000-11140

630-00-000-11140

630-46-410-44330

630-46-440-43190

630-46-440-43890

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44000

630-46-440-44300

630-46-440-44300

630-46-440-44380

Bills 07/21/2026

Account Number

Report Total:

Replace Commercial water heater at Sunshine

5Cell#5814 S.Perez-07/02/26-08/01/26

Contemporary Information - credit w/eviction

Leak on sprinkler system at Sunshine Terrace

Lowes-Sunshine-ADA Toilet & outdoor clean

Local Ace-Sunshine, smoke detector

Local Ace-Sunshine-moto mix fuel & concrete

Local Ace-Susnhine-window seal, concrete sel

Lowes - Sunshine-Bath faucet, smk detector, s

Midwest Pest - Sunshine maintenance-Pest Co

Midwest Pest - Sunshine maintenance-Pest Co

Itrrigation services for Sunshine Terrace

Alarm & Detection monitoring at Sunshine Ter

Midco-Sunshine Cable, phone & internet offic

Cintas-Sunshine Terrace rugs & supplies

Pyl*LCS-Sunshine rent manager subscription

haul away items left in apartment

Cleaning

keys not returned

Security keys not returned

Security Deposit plus interest

QTR 2 Network - EDA 2026

QTR 2 Phone - EDA 2026

QTR 2 Postage - EDA 2026

TIF Report Ads

Professional legal services - May 2026

FSP MN Govt - training

Description

06/30/2026

07/21/2026

07/21/2026

06/30/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

07/21/2026

GL Date

46685

46683

46681

46685

46681

46681

46681

46681

46681

46681

46681

46664

46642

46681

46681

46681

46679

46679

46679

46679

46679

46687

46687

46687

46665

46645

46681

Check No

20,400.00

41.43

44.00

291.78

220.06

66.99

64.98

157.89

198.52

400.00

32.51

1,125.00

730.45

305.57

275.05

250.00

-72.00

-62.50

-19.00

-30.00

541.25

1,908.85

153.00

70.88

7.98

309.79

1,357.20

10.00

Amount

Xcel Energy

Northland Yard Service

Northland Yard Service

US Bank Corporate Payment Systems

SJA Thunder Corp

682-46-503-43800

682-46-503-44000

682-46-503-44000

682-46-503-44000

682-46-503-44230

July Cleaning 2026
Report Total:

Lowes-Infill, LED T8 bulbs, elec ballasts & 2x

Lawn Maint. for Downtown Islands and Flood

Weeding behind Mikes for June 2026

302611407 - 411 2nd St NW-5/18/26-6/17/26

Report Total:

07/21/2026

07/21/2026

06/30/2026

06/30/2026

06/30/2026

46676

46681

46661

46661

46689

2,621.84

600.00

250.60

1,075.00

660.00

36.24

24,961.98

1 of 3

EXECUTIVE SUMMARIES OF ITEMS TO DISCUSS
R esidential Tax Abatem ent Program R enew al Update

The school board has a signed resolution until Dec 2031. The county reviewed the request on 7/21/26 at
their board meeting and signed a resolution approving the tax abatement until end of 2029. This will go to
council work session on 9/8/26 and if approved will go to the 9/15/26 regular session. This will allow newly
build houses in EGF to request a 2-year tax abatement when the house hits full value until December 31,
2029 to claim by 2031.
No Action Needed

Sim plot P roperty & RFP Updates

The property RFP opened 7/1/26 and closes 8/31/26 at 3pm. We offered an info webinar and 7 attendees.
I’ve directly reached out to 34 businesses & construction companies. We’ve listed it on Crexi.com,
RFPDB.com, GovDelivery, LMC, Linkedin, Facebook, and city billboards. I’ve had several calls and meetings
from interested parties.
No Action Needed

R equest for $100k/ $1k Dow n P rogram

<see staff report>
Action Needed: Discuss the request and vote on outcome.

I nfill Lease Renew al: Galstad, Jensen, & M cCann P.A.

<see staff report>
Action Needed: Discuss lease terms and vote on outcome.

FY27 Budget

<see staff report>
Action Needed: Discuss budget and vote on outcome.

Housing & Lots Discussion

We are nearing the end of the city-owned residential lots. The Greater Grand Forks region is anticipating a
large influx of residents with the Agristo factory, Grand Sky and Air Force projects that are coming up. To be
proactive and build the tax base, what would be the best course of action?
• City puts in the infrastructure into the waters edge outlots?
o City forwards the specials to the developer
o Developer potentially seeks incentives to create affordable housing
• City put the waters edge outlots up for developer RFP?
• Other ideas?
The outlots could offer roughly 98 additional houses per a draft design by Widseth.
Ideally, we encourage single family developments to build the permanent resident housing stock. Data
considerations:
− Gen Z has strong interest in homeownership, with 72% expecting to buy a home within the next six
years (rocketmortgage.com)
− Gen Z is highly motivated to buy a home due to wanting to start or grow a family
(rocketmortgage.com)
Individuals with disabilities, language barriers or other needs who plan to attend the meeting and will need special accommodations should contact
Nancy Ellis, ADA Coordinator at (218)-773-2208. Please contact us at least 48 hours before the meeting to give our staff adequate time to make
arrangements. Also, materials can be provided in alternative formats for people with disabilities or with limited English proficiency (LEP) by
contacting the ADA Coordinator (218)-773-2208 five (5) days prior to the meeting.

2 of 3

Gen Z buyers frequently utilize government down-payment assistance programs and rely less on
parental financial gifts (npr.org)
− Roughly two-thirds to 72% of Gen Z and younger adults view homeownership as an important
lifetime goal (realtor.com)
− Retirees are not downsizing and instead are buying homes of similar square footage as their current
dwelling (Investopedia.com & Census Bureau, National Assoc. of Realtors) only 11% plan to
downsize (60-70) and 18% of those 18%
− Gen X desires to downsize but many are unable due to costs, int rates, multi-gen fams. Resultantly,
they are staying in their existing houses. (fortune.com)
Action Needed: Discuss housing needs and vote on outcome that will be presented to council.
−

Items In Progress or Of Note
P ow er Visits

June and July I visited over 50 businesses in 4 days, dropping off business support packets, my business
card, and EDA swag. Businesses are making expansions, renovations, and observed overall optimism.
Biggest complaint that was mentioned was that insurance costs are skyrocketing (health & commercial).
No Action Needed

Grow M N Visits

I have been making visits this summer with Jordan from W&L, Sam from DEED, Barry from the Chamber,
and Reid to select businesses to get feedback on how operations are going. These will continue through
early September for the rescheduled visits. I plan to present highlights at council this autumn.
No Action Needed

W orkers Com p Credits as P art of BCEZ Open

Application window opened 8/1/26 and closes 11/1/26. We will look to have the public hearing in Dec/Jan
and then they applications will be sent over to DEED & Dept of Revenue for review/approvals/denials.
No Action Needed

Cham ber Brow n Bag w ith DEED– June 16

Well-attended event and attendees ask many good questions. Chet from DEED, Sam from
CareerForce/DEED, and I presented on different programs available for MN businesses.
No Action Needed

W aters Edge Lot Sales Update

Our realtor, Izaiah, has sold 4 lots. We are down to a total of 6 remaining lots
• 1 combined/duplex lot on 8th Ave NW
• 2 corner lots on Pinehurst Ct NW & 23rd
• 1 cul-de-sac lot on Pinehurst Ct NW
• 1 lot on 23rd St NW; and
Individuals with disabilities, language barriers or other needs who plan to attend the meeting and will need special accommodations should contact
Nancy Ellis, ADA Coordinator at (218)-773-2208. Please contact us at least 48 hours before the meeting to give our staff adequate time to make
arrangements. Also, materials can be provided in alternative formats for people with disabilities or with limited English proficiency (LEP) by
contacting the ADA Coordinator (218)-773-2208 five (5) days prior to the meeting.

3 of 3

• PUD on 23rd St NW
No Action Needed

EGF Sees I ncrease in Entrepreneurship

The EDA has worked with over 15 prospects and startups in the first seven months of 2026 signaling there is
optimism and opportunity in East Grand Fork. The types of businesses range from personal wellness
services, insurance, retail, and more. There is not one specific age bracket that is leading; it varies from high
school age to middle-aged adults. Over 60% of the businesses that the EDA worked with this year converted
from prospective to active businesses. Prospective and startups make up roughly 25% of East Grand Forks
local economy. (my press release)
No Action Needed

Upcom ing Funding Asks

Currently working with 3 startups seeking microloan funding and 1 established business interested in the gap
loan.
No Action Needed

Individuals with disabilities, language barriers or other needs who plan to attend the meeting and will need special accommodations should contact
Nancy Ellis, ADA Coordinator at (218)-773-2208. Please contact us at least 48 hours before the meeting to give our staff adequate time to make
arrangements. Also, materials can be provided in alternative formats for people with disabilities or with limited English proficiency (LEP) by
contacting the ADA Coordinator (218)-773-2208 five (5) days prior to the meeting.

D ir ect or ’s R epor t
June & July 2026
Executive Summary:
Very active summer with various business outreaches for expansions, new business starts, and lending
programs, and more. Concurrently, the Simplot redevelopment project has been time consuming.
Business Visits & Outreach:
• 6/1/26: Local architect BRE visit
• 6/4/26: Power visits
• 6/4/26: GrowMN visit
• 6/9/26: Power visits
• 6/11/26: GrowMN visit
• 6/17/26: Call with local nonprofit for funding help
• 6/25/26: Call with investor for existing commercial space
• 6/26/26: GrowMN visit
• 7/1/26: New business grand opening visit
• 7/6/26: Targeted outreach to businesses for the Simplot RFP
• 7/7/26: Meeting with an insurance company
• 7/8/26: Meeting with Rep. Fishbach
• 7/9/26: Simplot webinar presentation with city staff
• 7/10/26: Meeting with bank re: local nonprofit expansion
• 7/10/26: Business visits to two retail establishments
• 7/10/26: Call with Crexi re: Simplot listing
• 7/13/26: Meeting with individual running for office
• 7/13/26: Meeting with startup
• 7/14/26: Meeting with service provider
• 7/21/26: Developer’s on-site tour of Simplot
• 7/21/26: Power visits
• 7/23/26: Local business event drop-by
• 7/23/26: GrowMN visit
• 7/23/26: GrowMN visit
• 7/26/26: Business visit
• 7/30/26: GrowMN visit
• 8/4/26: Power visits
• 8/6/26: GrowMN visit
• 8/6/26: GrowMN visit
• 8/6/26: Developer meeting re: Simplot
• 8/7/26: Call with architect re: Simplot
• 8/11/26: Meeting with community investor
• 8/12/26: Meeting with architect re: Simplot
• 8/13/26: GrowMN visit
Community Impact:
• 5/21/26: EDAM Economic Development webinar
• 6/2/26: Call with SBDC rep
East Grand Forks Economic Development Authority
600 DeMers Avenue NW | East Grand Forks, Minnesota 56721
218.773.8939 | https://egfEDA.org

• 6/5/26: DEED standing meeting
• 6/10/26: BGEA meeting
• 6/11/26: GGFYP Annual Picnic @ Heritage Village
• 6/15/26: GF Community Foundation listening session
• 6/16/26: DEED & EDA MN business supports presentation @ the chamber
• 6/17/26: TIF training with Ehlers
• 6/26/26: Minnkota meeting
• 6/29/26: TIF meeting with Ehlers
• 6/29/26: EGF Showcase planning meeting
• 6/30/26: MN Data Center Regulatory webinar
• 6/30/26: HubSpot support meeting
• 7/2/26: DEED standing meeting
• 7/2/26: Herald Interview re: Simplot RFP
• 7/14/26: EDAM nontraditional funding webinar
• 7/22/26: NVCE meeting
• 7/24/26: Meeting with Rural MN CEP
• 7/28/26: NVCE meeting
• 7/31/26: DEED standing meeting
• 8/5/26: NW MN Econ Dev round table with Minnkota
• 8/11/26: DEED & EGF BDPI meeting
• 8/12/26: EGF & Widseth meeting re: funding opps
• 8/13/26: Loan committee meeting
• 8/17/26: Meeting with Inter-county community council
• 8/18/26: Showcase planning meeting
• 8/18/26: GGFYP Advisory Board meeting
• 8/19/26: NVCE meeting
• 8/25/26: Meeting with community land trust
• 8/25/26: Quarterly Herald Advisory Board meeting
Project Support:
• Supported the Showcase event planning efforts
• Simplot:
o Held webinar and on-site tour for interested developers
o Extensive advertising and outreach for this RFP
o Conversations, calls, and 34 direct invites to submit for the RFP
• Coordinating with County for the renewal of the residential tax abatement program
• Interactions with local businesses about renovations, starting up, funding programs, real estate
o Lots of microloan requests & new business starts
• Resharing hiring posts from local businesses on Facebook Stories
• Data management & record keeping within the CRM and updating individual web pages
• Water’s edge lot conversations, calls from interested parties, incentive programs, and visitors
wanting to learn more
o Mowing contractor conversations
o Answering questions about the $100k program
• Work efforts on city partnership level incentives and adding workers comp credits to the BCEZ
program usage in EGF
• Annual TIF state reporting

East Grand Forks Economic Development Authority
600 DeMers Avenue NW | East Grand Forks, Minnesota 56721
218.773.8939 | https://egfEDA.org

Fund 415
ASSETS
415-00-000-10100

Fund 414
ASSETS
414-00-000-10100

Fund 405
ASSETS
405-00-000-10100

Fund 404
ASSETS
404-00-000-10100

Fund 403
ASSETS
403-00-000-10100

Fund 401
ASSETS
401-00-000-10100

Fund 400
ASSETS
400-00-000-10100

0.00
0.00
0.00

Fund 415 Totals:

0.00

Fund 414 Totals:
City Capital Projects

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 405 Totals:
City AJ Projects

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 404 Totals:
Parks Grants

Cash in Bank
ASSETS Totals:

0.00
0.00

0.00

Fund 403 Totals:
Fire Grants

Cash in Bank
ASSETS Totals:

0.00
0.00

0.00

Fund 401 Totals:
Police Grants

Cash in Bank
ASSETS Totals:

0.00
0.00

0.00

Fund 400 Totals:
Infrastructure Projects

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 280 Totals:
Grants

Cash in Bank
ASSETS Totals:

0.00
0.00

Housing/Lot Sale

Fund 280
ASSETS
280-00-000-10100

B

Cash In Banks
ASSETS Totals:

Description

Account Number

kanderson
08/10/2026 - 9:08AM
06, 2026

-2,468,218.33

-2,468,218.33
-2,468,218.33

0.00

0.00
0.00

96,160.10

96,160.10
96,160.10

2,873.68

2,873.68
2,873.68

3,108.12

3,108.12
3,108.12

1,357,801.97

1,357,801.97
1,357,801.97

198,065.28

198,065.28
198,065.28

341,682.35

341,682.35
341,682.35

Beginning Balance

As of June 30, 202

Summary Trial Balance

User:
Printed:
Period:

CASH

General Ledger

10,886.79

0.00

2,500.00

0.00

0.00

0.00

0.00

48,536.14

10,886.79

10,886.79

0.00

0.00

2,500.00

2,500.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

48,536.14

48,536.14

Debit This Period

388,418.49

195,019.95

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

98,660.10

2,873.68

3,108.12

0.00

0.00

98,660.10

98,660.10

2,873.68

2,873.68

3,108.12

3,108.12

1,357,801.97

1,357,801.97
0.00
1,357,801.97

3,045.33

195,019.95
3,045.33
195,019.95

1,800.00

388,418.49
1,800.00
388,418.49

1,269,101.22

-3,726,432.76

1,269,101.22
-3,726,432.76
1,269,101.22
-3,726,432.76

0.00

0.00

0.00

0.00

0.00

3,045.33

1,800.00

Credit This Period Ending Balance

Fund 535
ASSETS
535-00-000-10100

Fund 534
ASSETS
534-00-000-10100

Fund 533
ASSETS
533-00-000-10100

Fund 532
ASSETS
532-00-000-10100

Fund 531
ASSETS
531-00-000-10100

Fund 528
ASSETS
528-00-000-10100

Fund 527
ASSETS
527-00-000-10100

Fund 425
ASSETS
425-00-000-10100

Fund 419
ASSETS
419-00-000-10100

0.00
0.00
0.00

Fund 535 Totals:

0.00

Fund 534 Totals:
12-1-07 Improvement B

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 533 Totals:
03-01-06 Improvement B

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 532 Totals:
12-01-04 Improvement B

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 531 Totals:
12-01-03 Improvement B

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 528 Totals:
12-01-01 Improvement B

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 527 Totals:
10-01-96 Debt Svc

Cash in Bank
ASSETS Totals:

0.00
0.00

0.00

Fund 425 Totals:
04-01-04 Refunding '95

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 419 Totals:
Building Improvements

Cash In Banks
ASSETS Totals:

0.00
0.00

Cash in Bank-23rd St NW
ASSETS Totals:

CP's 23rd St NW Const

927,291.06

927,291.06
927,291.06

193,947.17

193,947.17
193,947.17

91,015.14

91,015.14
91,015.14

454,059.86

454,059.86
454,059.86

499,848.84

499,848.84
499,848.84

0.00

0.00
0.00

168,449.74

168,449.74
168,449.74

777,798.93

777,798.93
777,798.93

128,151.65

128,151.65
128,151.65

0.00

2,333.80

22,234.38

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

2,333.80

2,333.80

22,234.38

22,234.38

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00
128,151.65

777,798.93

0.00
0.00

0.00

168,449.74

499,848.84

454,059.86

113,249.52

196,280.97

0.00

927,291.06

927,291.06
0.00
927,291.06

0.00

196,280.97
0.00
196,280.97

0.00

113,249.52
0.00
113,249.52

0.00

454,059.86
0.00
454,059.86

0.00

499,848.84
0.00
499,848.84

0.00

0.00

0.00

168,449.74
0.00
168,449.74

0.00

777,798.93
0.00
777,798.93

0.00

128,151.65
0.00
128,151.65

Fund 605
ASSETS
605-00-000-10100

Fund 603
ASSETS
603-00-000-10100

Fund 602
ASSETS
602-00-000-10100

Fund 601
ASSETS
601-00-000-10100

Fund 540
ASSETS
540-00-000-10100

Fund 539
ASSETS
539-00-000-10100

Fund 538
ASSETS
538-00-000-10100

Fund 537
ASSETS
537-00-000-10100

0.00
0.00
0.00

ASSETS Totals:

Fund 605 Totals:

0.00

Fund 603 Totals:
Sewage

Cash In Banks

0.00
0.00

0.00

Fund 602 Totals:
Refuse

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 601 Totals:
Water

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 540 Totals:
Electric

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 539 Totals:
2026 Sales Tax Bond

Cash in Bank
ASSETS Totals:

0.00
0.00

0.00

Fund 538 Totals:
2017 Improvement Bond

Cash in Bank
ASSETS Totals:

0.00
0.00

0.00

Fund 537 Totals:
2015 Improvement Bond

Cash in Bank
ASSETS Totals:

0.00
0.00

Cash in Bank
ASSETS Totals:

2012 Imp Bond

2,099,027.16

2,099,027.16

2,099,027.16

140,163.06

140,163.06
140,163.06

2,183,912.18

2,183,912.18
2,183,912.18

-1,024,215.63

-1,024,215.63
-1,024,215.63

773,039.49

773,039.49
773,039.49

-36,806.78

-36,806.78
-36,806.78

14,397.51

14,397.51
14,397.51

316,574.68

316,574.68
316,574.68

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

890.80

890.80

184,959.11

184,959.11

184,959.11

113,865.30

113,865.30
113,865.30

890.80

1,427,843.26

1,427,843.26
1,427,843.26

0.00

0.00

0.00

0.00

14,397.51
14,397.51

14,397.51

316,574.68

-36,806.78

0.00

773,039.49

773,039.49
0.00
773,039.49

0.00

-36,806.78
0.00
-36,806.78

0.00

0.00

0.00

316,574.68
0.00
316,574.68

-1,352,844.39

1,980,211.83

139,412.01

118,865.99

2,165,120.28

2,165,120.28

2,165,120.28
118,865.99

118,865.99

114,616.35

114,616.35
139,412.01
114,616.35
139,412.01

204,591.15

204,591.15
1,980,211.83
204,591.15
1,980,211.83

1,756,472.02

1,756,472.02
-1,352,844.39
1,756,472.02
-1,352,844.39

0.00

0.00

0.00

0.00

ASSETS
634-00-000-10100

Fund 633
ASSETS
633-00-000-10100

Fund 630
ASSETS
630-00-000-10100

Fund 627
ASSETS
627-00-000-10100

Fund 626
ASSETS
626-00-000-10100

Fund 625
ASSETS
625-00-000-10100

Fund 623
ASSETS
623-00-000-10100

Fund 622
ASSETS
622-00-000-10100

Fund 620
ASSETS
620-00-000-10100

Fund 609
ASSETS
609-00-000-10100

0.00

0.00

Fund 633 Totals:

Cash in Bank

0.00
0.00

0.00

Fund 630 Totals:
Downpayment Assistanc

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 627 Totals:
Sunshine Terrace

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 626 Totals:
MN DEED MIF

Cash in Bank
ASSETS Totals:

0.00
0.00

0.00

Fund 625 Totals:
MIF (DRLF-97-0003-V-

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 623 Totals:
EDA IRP Loan Subfund

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 622 Totals:
EDA TIF 1-2 E of BN T

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 620 Totals:
EDA TIF 1-1 BN Triang

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 609 Totals:
EDA General

Cash In Banks
ASSETS Totals:

0.00
0.00

Cash In Banks
ASSETS Totals:

Storm Water

35,513.66

102,283.53

102,283.53
102,283.53

1,951,471.75

1,951,471.75
1,951,471.75

37,844.64

37,844.64
37,844.64

2,024,279.91

2,024,279.91
2,024,279.91

500,487.28

500,487.28
500,487.28

400,008.59

400,008.59
400,008.59

0.00

0.00
0.00

-69,328.67

-69,328.67
-69,328.67

1,691,204.95

1,691,204.95
1,691,204.95

0.00

0.00

47,370.33

1,314.06

13,700.34

5,526.55

0.00

0.00

10.00

0.00

0.00

47,370.33

47,370.33

1,314.06

1,314.06

13,700.34

13,700.34

5,526.55

5,526.55

0.00

0.00

0.00

0.00

10.00

10.00

175,707.24

175,707.24
175,707.24

0.00

8,700.00

31,865.30

788.44

0.00

0.00

0.00

0.00

11,972.04

13,274.34
1,853,637.85

0.00
0.00

0.00

-81,290.71

400,008.59

506,013.83

38,370.26
38,370.26

38,370.26

2,037,980.25

8,700.00

8,700.00

31,865.30

35,513.66

93,583.53
93,583.53

93,583.53

1,966,976.78

1,966,976.78
31,865.30
1,966,976.78

788.44

788.44

0.00

2,037,980.25
0.00
2,037,980.25

0.00

506,013.83
0.00
506,013.83

0.00

400,008.59
0.00
400,008.59

0.00

0.00

11,972.04

-81,290.71
11,972.04
-81,290.71

13,274.34

1,853,637.85
13,274.34
1,853,637.85

0.00
0.00
0.00
0.00

Fund 682 Totals:

Report Totals:

0.00

Fund 636 Totals:
Infill Building

Cash In Banks
ASSETS Totals:

0.00
0.00

0.00

Fund 635 Totals:

Cash in Bank
ASSETS Totals:

0.00
0.00

Cash In Banks
ASSETS Totals:

0.00

Fund 634 Totals:
Town Square

GL-Summary Trial Balance (8/10/2026 - 9:08 AM)

Fund 682
ASSETS
682-00-000-10100

ASSETS
636-00-000-10100

Fund 635
ASSETS
635-00-000-10100

0.00

ASSETS Totals:

14,611,447.26

618,494.47

618,494.47
618,494.47

81,059.92

81,059.92
81,059.92

0.00

0.00
0.00

35,513.66

35,513.66

21,138.65

21,138.65

0.00

0.00

0.00

0.00

2,078,816.75

21,138.65

0.00

0.00

0.00

0.00

81,059.92

0.00

81,059.92

81,059.92

0.00

0.00

35,513.66

35,513.66

4,481.01

13,150,690.82

635,152.11

635,152.11
4,481.01
635,152.11

0.00

0.00

0.00

0.00

3,539,573.19

4,481.01

0.00

0.00

0.00

0.00

General Ledger

CASH

Summary Trial Balance

As of July 31, 2026

User:
Printed:
Period:

Account Number

Fund 280
ASSETS
280-00-000-10100

Fund 620
ASSETS
620-00-000-10100

Fund 625
ASSETS
625-00-000-10100

Fund 626
ASSETS
626-00-000-10100

Fund 627
ASSETS
627-00-000-10100

Fund 630
ASSETS
630-00-000-10100

Fund 633
ASSETS
633-00-000-10100

kanderson
08/10/2026 - 9:08AM
07, 2026

Description

Housing/Lot Sale

B

Beginning Balance

Cash In Banks
ASSETS Totals:

0.00
0.00

388,418.49
388,418.49

Fund 280 Totals:

0.00

388,418.49

Cash In Banks
ASSETS Totals:

0.00
0.00

-81,290.71
-81,290.71

Fund 620 Totals:

0.00

-81,290.71

Cash In Banks
ASSETS Totals:

0.00
0.00

506,013.83
506,013.83

Fund 625 Totals:
MIF (DRLF-97-0003-V-FY98

0.00

506,013.83

Cash In Banks
ASSETS Totals:

0.00
0.00

2,037,980.25
2,037,980.25

Fund 626 Totals:
MN DEED MIF

0.00

2,037,980.25

Cash in Bank
ASSETS Totals:

0.00
0.00

38,370.26
38,370.26

Fund 627 Totals:
Sunshine Terrace

0.00

38,370.26

Cash In Banks
ASSETS Totals:

0.00
0.00

1,966,899.91
1,966,899.91

Fund 630 Totals:
Downpayment Assistance

0.00

1,966,899.91

Cash In Banks
ASSETS Totals:

0.00
0.00

93,583.53
93,583.53

Fund 633 Totals:

0.00

93,583.53

Debit This Period
11,700.00

Credit This Period Ending Balance

11,700.00

4,397.98

395,720.51
4,397.98
395,720.51

11,700.00

4,397.98

395,720.51

EDA General
0.00

13,460.59
0.00

-94,751.30
13,460.59
-94,751.30

0.00

13,460.59

-94,751.30

EDA IRP Loan Subfund
4,506.01

0.00
4,506.01

510,519.84
0.00
510,519.84

4,506.01

0.00

13,700.34

0.00

510,519.84

13,700.34

2,051,680.59
0.00
2,051,680.59

13,700.34

0.00

1,314.06

788.44

2,051,680.59
38,895.88

1,314.06

788.44

38,895.88

1,314.06

788.44

38,895.88

45,290.50

49,327.63
45,290.50

1,962,862.78
49,327.63
1,962,862.78

45,290.50

49,327.63

0.00

8,700.00

1,962,862.78
84,883.53

0.00

8,700.00

84,883.53

0.00

8,700.00

84,883.53

0.00

Fund 634 Totals:

0.00
0.00
0.00
0.00

Fund 682 Totals:
Report Totals:

0.00

Fund 636 Totals:
Infill Building

Cash In Banks
ASSETS Totals:

0.00
0.00

Cash in Bank
ASSETS Totals:

EGF EDA Restricted Disc Lo

0.00
0.00

Cash in Bank
ASSETS Totals:

EGF EDA Discretionary Loa

GL-Summary Trial Balance (8/10/2026 - 9:08 AM)

Fund 682
ASSETS
682-00-000-10100

Fund 636
ASSETS
636-00-000-10100

Fund 634
ASSETS
634-00-000-10100

635,152.11
13,216,609.71

635,152.11
635,152.11

81,059.92

81,059.92
81,059.92

35,513.66

35,513.66
35,513.66

7,091.25

0.00

0.00

0.00

0.00

7,091.25
5,244,876.33

7,091.25

0.00

0.00

81,059.92

35,513.66

81,059.92

81,059.92

35,513.66

35,513.66

638,413.27
12,546,751.42

638,413.27
3,830.09
638,413.27

0.00

0.00

0.00

0.00

3,830.09
5,914,734.62

3,830.09

0.00

0.00

May 20, 2026 – August 18, 2026 Facebook Metrics

May 20, 2026 – August 18, 2026 Facebook Metrics

AGENDA ITEM #_______

Request for Council Action
Agenda Item: Renewal of Residential Property Tax Abatement Program
Date: September 8, 2026
To: East Grand Forks City Council Mayor Mark Olstad, Council President Brian Larson, Council VicePresident Tim Riopelle, Council Members Tami Schumacher, Ben Pokrzywinski, Dale Helms, Donald
Casmey, and Karen Peterson.

Prepared by: Maggie Brockling, Economic Development Director
Cc: File

Staff Recommendation:
1.
Approve request to extend the property tax abatement program for 3 additional years;
2.
EDA board second review of program continuation on Wednesday, August 26, 2026
2.
Hold public hearing on this request at the City Council meeting on Tuesday, September 15, 2026;
3.
Authorize EDA staff to execute necessary documents.
EDA Board Recommended Action: Renew program for at least 3 years on 3/18/26
EDA Board Recommended Action:
Program background
The current residential property tax rebate (abatement) program for newly constructed homes to claim
two years of abatement expires at the end of 2026. The program was last renewed in 2021. This
renewal would extend the program through December 31, 2029. Any home completed and ready for
occupancy by no later than December 31, 2029, would be eligible for the program.
Any home eligible for inclusion in the program normally comes to full value 2-4 years after completion,
so property owners who purchase an eligible home may receive a rebate as late as 2033. The rebate is
based upon the full value for property taxes. The property owner pays the taxes and applies for a rebate
the following year. The rebate amounts to about 65% of the total taxes paid. This well-regarded
program has been a positive incentive for more than 127 new home constructions in East Grand Forks
for over 20 years. This incentive is made in collaboration with the School District, Polk County, and City.
The school district previously agreed in 2021 to extend their approval until 2031. The EDA board
signaled their interest in continuing this program in March 2026. The county commissioners were
consulted on July 21, 2026, and voted to approve extending the program for 2027-2029.

2-Year Residential Tax Abatement Program

AGENDA ITEM #_______

Contributions by taxing entity from 2021- 2025
Tax Payment
Year
2021
2022
2023
2024
2025

Budget Year
2022 (23 properties)
2023 (13 properties)
2024 (15 properties)
2025 (14 properties)
2026 (8 properties)

2-Year Residential Tax Abatement Program

City

County

$49,255.31
$27,665.38
$41,313.44
$43,835.03
$26,983.69

$6,521.85
$17,063.56
$23,758.08
$23,171.79
$12,882.96

School
District
$31,396.40
$3,729.95
$5,500.15
$5,391.33
$3,236.31

Total
$87,173.56
$48,458.89
$70,571.67
$72,398.15
$43,102.96

Request for EDA Board Action
Agenda Item: Galstad, Jensen, & McCann, P.A. Lease Renewal 2027-2031
Date: August 26, 2026
To: President Grinde, Vice President Black, Board Members Hecht, Helms, Horken, Stai, & Pokrzywinski

Prepared by: Maggie Brockling, Economic Development Director
Cc: File

Staff Recommendation:
1.
Review prior lease terms and current request from tenant;
2.
Discuss and vote on terms to best align with desired economic outcomes;
3.
Authorize staff and City Attorney to proceed with a lease renewal.
EDA Loan Committee Recommendation: CONCUR on 8/13/26
Keep rent at $11.25/sq ft for the next five years, ending May 31, 2031, with an opt out clause for
retirement or sale of business.
EDA Board Recommendation:
Background
Galstad, Jensen, & McCann, P.A.’s current lease inside the Infill Building expires December 31, 2026.
Total leased square footage is 3,420. The last lease was for a 5-year term with an annual rent increase.
The lease has increased $0.50 per square foot each year from 2023 - 2026, previously by $0.25 per
square foot from 2018 - 2023. Owner, Atty Ron Galstad, was consulted on August 12, 2026, 2026.
Year
2023 -2024
2024- 2025
2026
2027
2028
2029
2030
2031

Increased Total per Year
$29,942.81
$32,935.31
$36,070.31
$36,070.31
$36,070.31
$36,070.31
$36,070.31
$36,070.31

Rent per Month
$2,921.25
$3,063.75
$3,206.25
$3,206.25
$3,206.25
$3,206.25
$3,206.25
$3,206.25

Staff Report: Galstad, Jensen, & McCann, P.A. Lease Renewal 2027-2031

Cost per Square Foot
$10.25
$10.75
$11.25
$11.25
$11.25
$11.25
$11.25
$11.25

AGENDA ITEM #_______

Request for Council Action
Agenda Item: FY27 EDA Budgets Summary
Date: August 11, 2026
To: East Grand Forks City Council Mayor Mark Olstad, Council President Brian Larson, Council VicePresident Tim Riopelle, Council Members Tami Schumacher, Ben Pokrzywinski, Dale Helms, Donald
Casmey, and Karen Peterson.
Prepared by: Maggie Brockling, Economic Development Director
Cc: File

Staff Recommendation:
1.
Consider the draft budget for the 620 and 280 accounts
2.
Recommend any necessary edits or corrections;
3.
Authorize EDA staff to execute necessary documents.
Green = Increase

/

Purple = Decreased

EDA-Admin 620 Fund
2024
2025
2026
2027
Wages, Insur, Benefits
$ 186,220
$ 130,148
$
143,577
$ 154,772
Administrative Expenses
$
44,575
$
34,242
$
45,780
$
45,780
Total Expenses $ 231,049
$ 165,048
$
189,657
$ 200,852
I tried to keep the general expenses flat. Admin salaries, benefits, insurances were the only places to
see a 5.6% increase for a $11,195 increase to the budget. We’re able to offer robust services with the
current administrative budget.
Home 280 Fund

2024

Lot Sales
Miscellaneous Revenue
Total Revenue
Administrative Expenses
Residential Tax Abatement

$
$
$
$
$

2025
20,000
10,000
30,000
48,500
66,600

$
$
$
$
$

2026
20,000
10,000
30,000
42,800
65,000

$
$
$
$
$

2027
20,000
10,000
40,000
42,700
43,103

$
$
$
$
$

30,000
5,000
35,000
38,300
56,000

(Transfer In From Gen Fund)

We have increased the Water’s Edge lot sales line item with the increased sales from our new realtor.
Misc revenue was decreased since the $5k incentive program is largely complete (and no longer
offered) and there are not any $100k contractor loans used since 2023. The residential 2-year tax
abatements for newly built homes are transferred in from the city’s general fund. We plan to continue
the program and stop it when the fund hits $100k. This will ensure expenses are paid and fund doesn’t
go into the negative.