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CITY OF LAKEVILLE
ECONOMIC DEVELOPMENT COMMISSION
MEETING MINUTES
January 28, 2025
1. Chair Seiler called the meeting to order at 4:00 p.m. in the Marion Conference Room.
Members Present: Comms. Victor Arredondo, Rebecca Bergin, Lowell Collman, Joe Eykyn,
Andrew Phillips, Don Seiler, John Swaney
Ex-officio Members Present: Chamber President Krista Jech
Members Absent: Comm. Rick Bjorklund
Staff Present: Tina Goodroad, Community Development Director; Kati Bachmayer,
Economic Development Manager, Dawn Erickson, Senior Administrative Assistant
2. Approval of Minutes
a. December 3, 2024 EDC Meeting Minutes
Comms. Bergin / Collman moved to approve the minutes of the December 3, 2024 meeting.
Motion carried unanimously.
3. Presentations
a. 2024 Open to Business report
Minnesota Consortium of Community Developers (MCCD) representative Natalie
Mouilso provided information about the Open to Business program, the work MCCD
staff accomplished in Lakeville in 2024 and plans for 2025. Ms. Mouilso informed the
group that 32 businesses were provided with 290 hours of free one-on-one business
advising in Lakeville in 2024. 75% of those businesses were startups and 25% of them
were existing businesses. MCCD also provided $76,460 in direct lending last year. EDC
members asked questions and provided feedback.
b. 2024 Economic Development Annual Report
Ms. Goodroad presented the 2024 Economic Development Annual Report. The City
experienced an active year of development activity in 2024, with an annual building
permit valuation totaling $257,783,859. The private sector invested $75.1 million in
commercial and industrial park development. The industrial project with the highest
building permit valuation was RL Cold, valued at $32 million. A copy of the 2024
Economic Development Annual Report can be found on LakevilleBusiness.com.
Economic Development Commission Minutes January 28, 2025 Page | 2
4. Action Items
a. 2025 EDC Work Plan
Ms. Goodroad presented the 2025 EDC Work Plan. The list centers on projects that can
be scheduled for this year, categorized by the new economic development strategic goals
and priorities. She expanded on the Business Retention & Expansion (BRE) visits that
begin in February.
EDC members provided feedback and appreciated the information.
5. Development & Marketing Updates
a. January Economic Development Report
Ms. Goodroad and Ms. Bachmayer highlighted a few development projects and new
businesses in Lakeville. Lakeville was featured on Twin Cities Live television show on
KSTP the week of January 20-24. Lakeville businesses were highlighted daily in the studio
and a live broadcast was filmed at Babe’s Hometown Bar on January 24 from 3-4:30 p.m.
6. Other
Chair Seiler announced that Glenn Starfield resigned from the EDC.
The next EDC meeting will be held on February 25, 2025. His vacant seat will be filled in
April 2025.
7. Adjourn
Meeting adjourned at 5:17 p.m.
Respectively submitted by:
Dawn Erickson, Senior Administrative Assistant