RDA 042326

City Hall City of La Crosse, Wisconsin 400 La Crosse Street La Crosse, WI 54601 Meeting Minutes - Final Redevelopment Authority Thursday, April 23, 2026 4:00 PM Council Chambers Call to Order The meeting was called to order at 4:00 pm. Roll Call Present: 6 - Barb Janssen, Michael Sigman, Adam Hatfield, Gus Fimple, Julie Henline,Phillip Ostrem Excused: 1 - Edward R Przytarski Approval of Minutes A motion was made by Fimple, seconded by Henline, that the minutes be approved. The motion carried on voice vote. Agenda Items: 1. 26-0437 Monthly Project Manager update for River Point District - April 2026. Sigman arrived at 4:08 pm. 2. 26-0436 Approval of CSM submittal for Lot 11. A motion was made by Janssen, seconded by Fimple, that this be approved. The motion carried by voice vote. 3. 26-0441 Consideration and possible action on Planning Option Agreement with RyKey Properties for Lot 11 - Lot 1 of the CSM. A motion was made by Ostrem, seconded by Sigman, that this Item be approved. The motion carried by voice vote. 4. 26-0439 Consideration and possible action on Planning Option Agreement with Capital Investment Partners, LLC for Lot 11 - Lot 2 of CSM. A motion was made by Ostrem, seconded by Janssen, that this Item be approved. The motion carried by voice vote. City of La Crosse, Wisconsin Page 1 Redevelopment Authority Meeting Minutes - Final April 23, 2026 5. 26-0440 Consideration and possible action on Planning Option Agreement for Lot 12 with Capital Investment Partners, LLC. A motion was made by Janssen, seconded by Ostrem, that this Item be approved. The motion carried by voice vote. 6. 26-0414 Monthly financial update of the Redevelopment Authority - April 2026. 7. 26-0428 Resolution approving purchase offer from 7 Copeland, LLC for parcels 17-20400-210 and 17-20400-234. (Note: The Committee and/or Council may convene in closed session pursuant to Wis. Stat. 19.85(1)(e) to formulate & update negotiation strategies and parameters. Following such closed session, the Committee and/or Council may reconvene in open session.) A motion was made by Janssen, seconded by Henline to go into closed session at 4:49 pm. The motion carried by voice vote. A motion was made by Janssen, seconded by Fimple, that this request be denied. The motion carried by voice vote. Sigman left at 5:26 pm. 8. 26-0442 Consideration and possible action on a Preliminary Term Sheet for public assistance to RyKey Properties for the development of Lot 11 in River Point District into a multi-story building with approximately 60 general occupancy rental units . (Note: The Committee and/or Council may convene in closed session pursuant to Wis. Stat. 19.85(1)(e) to formulate & update negotiation strategies and parameters. Following such closed session, the Committee and/or Council may reconvene in open session.) A motion was made by Janssen, seconded by Ostrem, that this item be approved. The motion carried by voice vote. Adjournment The meeting was adjourned in closed session at 5:35 pm. Notice is further given that members of other governmental bodies may be present at the above scheduled meeting to gather information about a subject over which they have decision-making responsibility. NOTICE TO PERSONS WITH A DISABILITY Requests from persons with a disability who need assistance to participate in this meeting should call the City Clerk's office at (608) 789-7510 or send an email to ADAcityclerk@cityoflacrosse.org, with as much advance notice as possible. Redevelopment Authority Members: Adam Hatfield, Edward Przytarski, Gus Fimple, Phil Ostrem, Michael Signman, Julie Henline, Barb Janssen City of La Crosse, Wisconsin Page 2