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Housing and Redevelopment Authority Meeting Minutes <br />March 23, 2021 <br />Page 3 <br /> <br />Bremer Bank facility is completed on the currently city-owned property, and the bank can 1 <br />occupy its new location. 2 <br /> 3 <br />Subsequent to the approval Trident Development, LLC withdrew from the project, and the 4 <br />closing of the land swap did not take place. After continuing discussions with Bremer Bank, 5 <br />N.A. it was determined that the best course of action was to terminate the agreement until such 6 <br />time as a new third-party can be identified to continue the project. 7 <br /> 8 <br />Executive Director Yunker noted that as a result, Bremer Bank, N.A. drafted the Notice of 9 <br />Termination that was provided for HRA review. 10 <br /> 11 <br />V. STAFF REPORTS – NONE. 12 <br /> 13 <br />VI. H.R.A. COMMISSIONER COMMENTS – NONE. 14 <br /> 15 <br />VII. INFORMATION AND ANNOUNCEMENTS – NONE. 16 <br /> 17 <br />VIII. ADJOURNMENT. 18 <br /> 19 <br />Chair Stille adjourned the meeting at 9:15 p.m. 20 <br /> 21 <br />Respectfully submitted, 22 <br />Debbie Wolfe 23 <br />TimeSaver Off Site Secretarial, Inc. 24 <br /> 25 <br /> 26 <br />ATTEST: ________________________________ Chair 27 <br /> City Clerk 28 <br /> 29