City Council

Agenda Item 14.A

Meeting of September 14, 2026
City of Minnetonka Logo
 
 
Title:

2027-2031 Economic Improvement Program (EIP)

 
Report from:

Alisha Gray, EDFP, Economic Development and Housing Manager

 
Submitted Through:

Julie Wischnack, FAICP, Community Development Director

Darin Nelson, Finance Director

Erik Nilsson, City Attorney

Mike Funk, City Manager  

 
Presenter:
Julie Wischnack, FAICP, Community Development Director
 


Action Requested:
Motion
 
Form of Action:
Resolution
 
Votes needed:
4 votes
 


Summary Statement

The Economic Improvement Program (EIP) is a five-year guidance document for the city's investment in housing, economic development, transit, and redevelopment. The document is updated annually.


Recommended Action

Motion to adopt the resolution approving the 2027-2031 Economic Improvement Program (EIP).


Strategic Plan Relatability
Livable & Well-Planned Development

 

Increase the number of affordable housing units.


Financial Consideration
N/A

 

The EIP is the city's long-term plan for economic development and housing programs. The 2027-2031 EIP does not legally set the HRA levy for 2027. The council will adopt the final HRA levy in December 2026.


Background

See supplemental background report.


ATTACHMENTS:
Supplemental Background Report
Supplemental Program Data
2027-2031 EIP Report
Resolution