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MINUTES <br /> New Brighton Economic Development Commission <br /> Regular Meeting—February 13, 2007 <br /> 7:00 a.m. <br /> Members/Liaisons Present: Bob Benke, Gene Delaune, Dennis Flahave, Linda Harmon, Lisa <br /> Harreld, Annie Hoffman, John Kaufhold, Steve Larson, Mark Nelson, Jim Sculthorp, and Gary <br /> Stang. <br /> Members/Liaisons Absent: Bruce Nustad. <br /> Staff Present: Dean Lotter, Grant Fernelius, David Black, Jim Williamette and Jennifer <br /> Lavandowska. <br /> Others Present: Robert Cunningham(TOLD Development Company), Gary Dreher(TOLD <br /> Development Company) <br /> Call to Order <br /> Mark Nelson called the meeting to order at 7:00 a.m. <br /> Approval of Minutes <br /> The minutes of the January 9, 2007 meeting were presented for approval. All approved. <br /> Commission Appointments <br /> Black congratulated the three returning commission members, who were approved by the <br /> Council. Black introduced Dean Lotter,the new City Manager, to the Commission. <br /> Northwest Quadrant Report <br /> Proposed Developers <br /> Black introduced Bob Cunningham and Gary Dreher of TOLD Development Co., which <br /> responded to the City's Request for Qualifications for the mixed-used blocks on the east side of <br /> the Northwest Quadrant. Cunningham said that TOLD began twenty years ago and has offices in <br /> Minnesota; California; and Milwaukee, Wisc. The company has succeeded in constructing a <br /> new building every year and has never had any serious financial difficulties. TOLD developed <br /> the Excelsior and Grand project in St. Louis Park. A copy of their response to the Request for <br /> Qualifications was distributed to the Commission. Dreher added that TOLD has done a lot of <br /> redevelopment in Seattle and also helped in the redevelopment of the downtown Richfield. <br /> Delaune inquired to how many owners and employees the company has,where its headquarters <br /> are located, and how this project compares to the others in the portfolio. Cunningham replied <br /> that there are seven owners, roughly twenty-two employees and the headquarters are located in <br /> the Twin Cities area. He added that Excelsior and Grand was a seven-year project that was done <br /> in four phases. They worked very closely with the City staff in St. Louis Park and feel that they <br /> Page 1 of 6 <br />