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Reports <br />February 25, 2008 EDA Meeting <br />Page 2 of 2 <br /> <br /> <br />Robert’s Sports Bar Update <br /> <br />Mike Brass of Welsh Companies, the commercial real estate broker representing clients <br />who wish to reopen Robert’s Sports Bar as a new bar, has informed staff that his clients <br />will submit a letter of intent on Friday, February 22, 2008 to purchase the property. <br /> <br />Staff has also been informed that Kristin Prososki, former Mounds View Planner/current <br />Project Manager with the MN Dept. of Employment & Economic Development (DEED) <br />Brownfields and Redevelopment Unit, is the lead reviewer of the grant application that <br />the City submitted to DEED in late January 2008. If awarded, the grant would assist <br />Master Development or another developer to acquire Robert’s Sports Bar and <br />redevelop the property into something consistent with the City’s vision. <br /> <br />Attachment: 2008 Gala Invitation <br /> <br />Respectfully submitted, <br /> <br /> <br /> <br />____________________________ <br />Heidi Steinmetz <br />Economic Development Specialist <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />