Redevelopment Authority on 2026-04-23 4:00 PM — La Crosse, WI
Date: 2026-04-23

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