Laserfiche WebLink
Mounds View EDA February 25, 2019 <br />Regular Meeting Page 2 <br /> <br />City Attorney Riggs provided the EDA with an update on Crossroad Pointe. He reported the 1 <br />EDA met in a Closed Session to discuss several revisions to the terms within the Purchase and 2 <br />Development Agreement that was previously approved on January 7, 2019. He noted this 3 <br />development was made up of three different properties. He explained staff had drafted a 4 <br />Resolution recommending approval of the revised agreement. 5 <br /> 6 <br />MOTION/SECOND: Gunn/Meehlhause. To Waive the Reading and Adopt EDA Resolution 7 <br />19-EDA-321, Approving the Amended Purchase and Development Agreement and Conveyance 8 <br />of the property located in Mounds View, Minnesota. 9 <br /> 10 <br />Commissioner Bergeron asked if the amendment would change the purchase price. City 11 <br />Attorney Riggs reported the purchase price would not be changed. 12 <br /> 13 <br /> Ayes – 5 Nays – 0 Motion carried. 14 <br /> 15 <br />7. REPORTS 16 <br /> 17 <br />City Attorney Riggs updated the EDA on the acquisition of the Skyline Motel. He reported all 18 <br />required notifications have been served to tenants. 19 <br /> 20 <br />8. NEXT EDA MEETING: Monday, March 11, 2019 at 6:00 p.m. 21 <br /> 22 <br />9. ADJOURNMENT 23 <br /> 24 <br />President Mueller adjourned the meeting at 6:35 p.m. 25 <br /> 26 <br />Respectfully submitted, 27 <br /> 28 <br /> 29 <br />Recorded and transcribed by: 30 <br />Heidi Guenther 31 <br />TimeSaver Off Site Secretarial, Inc. 32