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CITY OF LINO LAKES <br />ECONOMIC DEVELOPMENT AUTHORITY <br />NOTICE OF PUBLIC HEARING <br />NOTICE is hereby given that the Board of Commissioners of the Lino Lakes Economic <br />Development Authority (the "EDA") will meet on Monday, December 28, 2015, at or after 6:00 <br />p.m. at City Hall, located at 600 Town Center Parkway in the City of Lino Lakes, Minnesota (the <br />"City"), to conduct a public hearing on the proposed sale of certain real property owned by the <br />Authority and generally located north the Chain of Lakes YMCA to DR Horton, Inc. -Minnesota, or <br />an affiliate (the "Developer"). The property is legally described as: <br />Outlot B and Outlot D, The Village No. 3 <br />The EDA will consider the sale of the land under Minnesota Statutes, Section 469.105. A <br />summary of the terms and conditions of the land sale is available for public inspection at City <br />Hall. At the hearing, the EDA will meet to decide if the sale is advisable. <br />Any persons wishing to express an opinion on the matters to be considered at the public <br />hearing will be heard orally or in writing. <br />L-- Dated: December 9, 2015 <br />BY ORDER OF THE BOARD OF <br />COMMISSIONERS OF THE LINO LAKES <br />ECONOMIC DEVELOPMENT AUTHORITY <br />/s/ Jeff Karlson <br />Executive Director <br />Lino Lakes Economic Development Authority <br />471814v1 JAE LN140-99 <br />