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