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Agenda - Economic Development Authority - 12/13/2007
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Agenda - Economic Development Authority - 12/13/2007
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3/25/2025 3:17:27 PM
Creation date
12/10/2007 3:12:10 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
12/13/2007
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<br />Miscellaneous <br /> <br />Town Center: MinnWest Bank rescheduled the foreclosure auction to December 7,2007 but the <br />Sheriffs sale was again postponed. City Staff is working to coordinate a meeting with bank <br />representatives for the Week of December 10th. A new date for the foreclosure sale has not been <br />set. <br /> <br />Coborn's Cetner to Rebrand: The owner of the Coborn's shopping center recently forwarded the <br />following information to the City: <br />"We want to market and advertise our Coborn's Center as the North Star Marketplace. <br />We simply don't want to be a part of the failed RTC . . . I just thought that you would like <br />To know. Our center is having difficulties being referred to a part of the problem from <br />the investment, lending, and tenants groups that are involved in the project and looking to <br />be involved in the project." (pat Hart, Solomon Real Estate Group) <br /> <br />Since Solomon is apparently one of the contenders bidding for the Ramsey Town Center Project <br />for the bank, this may be part of a larger strategy regarding repositioning the property in the <br />market place <br /> <br />Additional Parcels Identified for Acquisition: A settlement for KIH has not been reached and it <br />is taking longer than originally thought. Staff will let the EDA know when the project is settled. <br /> <br />Hwy 47 /167th Commercial Node: Nothing new to report. <br /> <br />Anoka County United: The Council Authorized the Mayor to write a letter in support of Anoka <br />County United (see attached). Anoka County United is an organization that is forming to serve as <br />a regional economic development clearing house for Anoka County. This is not a County <br />organization and it is supported by both area chambers. There are no membership dues and it <br />appears as if the organization might fill the void Anoka Partners was trying to fill. More <br />information to come. <br /> <br />Future Meeting Topics: <br />1. Monument Signs (ongoing) <br />2. EDA 2008 Work Plan (January) <br />3. Sunfish Commons Median Discussion <br />4. Cost of Doing Business (once final tax rates are out for area cities) <br />5. Housing type impact on economic development <br /> <br />22 <br />
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