HomeMy WebLinkAbout11-14-2005 EDA Minutes
1 CITY OF LINO LAKES
2 ECONOMIC DEVELOPMENT AUTHORITY
3 MINUTES
4
5 DATE : November 14, 2005
6 MEMBERS PRESENT : J. Bergeson, D. Carlson, C. Dahl, J. Reinert, D. Stoltz
7 MEMBERS ABSENT : None
8 OTHERS PRESENT : Mary Divine, Gordon Heitke, Michael Grochala,
9 and Jean Viger
10
11 Meeting called to order by President Reinert at 6:04 p.m.
12
13 CONSIDERATION OF MINUTES OF SEPTEMBER 13, 2005
14
15 EDA Member Carlson moved to approve the September 13, 2005 minutes, as presented. EDA
16 Member Bergeson seconded the motion. Motion passed unanimously.
17
18 CONSIDERATION OF RESOLUTION NO. 05-03, APPROVING THE ASSIGNMENT
19 AND RELEASE OF CERTAIN OBLIGATIONS UNDER THE CONTRACT FOR
20 PRIVATE DEVELOPMENT WITH HARTFORD DEVELOPMENT, INC.
21
22 Ms. Divine summarized the Staff report, indicating Staff recommends approval.
23
24 EDA Member Carlson asked for clarification that the City is releasing the Hartford Group and
25 transferring those conditions to the Country Inn & Suites Development Group without changing
26 builders. Economic Development Coordinator Divine replied that is correct.
27
28 President Reinert asked if exposure for the City remains the same. Economic Development
29 Coordinator Divine replied that is correct.
30
31 EDA Member Stoltz moved to adopt Resolution No. 05-03, Approving the Assignment and
32 Release of Certain Obligations Under the Contract for Private Development with Hartford Group,
33 Inc. EDA Member Dahl seconded the motion.
34
35 Motion carried unanimously.
36
37 ADJOURNMENT
38
39 There being no further business, EDA Member Dahl moved to adjourn. EDA Member Bergeson
40 seconded the motion. Motion passed unanimously.
41
42 Meeting adjourned at 6:09 p.m.
43
44 Transcribed by:
45 Cheryl Felix
46 TimeSaver Off Site Secretarial, Inc.