DATE: August 23, 2018
TO: Members of the Economic Development Authority
FROM: Nate Carlson, Economic Development Coordinator
Chris Heineman, Community Planning & Development Director
Title
Closed meeting pursuant to Minn. Stat. § 13D.05, subd. 3 (c) to develop or consider offers or counteroffers for the purchase of real property located at Linden Street South and Third Street West.
Body
SUMMARY AND ACTION REQUESTED:
The EDA Board will be meeting in a closed session to consider offers or counteroffers for the purchase of real property near the Q-Block redevelopment area.
BACKGROUND:
The “Q-Block” redevelopment area includes the property between 2nd Street West and 3rd Street West from South Highway 3 to Linden Street. This area has been identified as a potential redevelopment site and the EDA conducted a study in 2006 to examine the possibilities for redevelopment. A copy of this plan is attached for your review.