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Mr. Lazan stated that when the bank sees what they need, cash is not an issue. They are fighting <br /> every battle we are fighting. He thought it will get done. <br /> Commissioner Tossey stated that what's on the agenda tonight is that the financing be extended. <br /> He wanted to state that he has absolutely no desire to extend the ramp without a building. <br /> Mr. Lazan stated that getting this deal done will fix a lot of things. That's exactly what we want <br /> to happen is these three things — Flaherty and Collins, Suite Living and the train station. <br /> Commissioner Tossey stated he is okay with the extension but to make it clear that the quicker <br /> they get this done, the easier it will be. <br /> The HRA reached a consensus to direct staff to prepare the final documents for approval at the <br /> next regular HRA meeting. <br /> COMMITTEE REPORTS <br /> None <br /> EXECUTIVE DIRECTOR'S REPORT <br /> HRA Director Nelson stated that you will start to see some activity on the new pylon sign. The <br /> siren will go to the south and the power lines will be buried. We will get going on the Ramsey <br /> Boulevard one too with the Holiday building coming down. <br /> This week Ryan Cronk was in town and he will be finishing up the marketing packet tomorrow <br /> afternoon to get to the printer and be ready to go for the ICSC Conference in Las Vegas. <br /> Ms. Nelson talked about the nice recyclable tote bag with The COR logo. They will be available <br /> for the Business Expo. We will have these at Happy Days and the Game Fair as well. <br /> Commissioner Tossey inquired about the cost to which Ms. Nelson responded they amounted to <br /> about $1 apiece. <br /> Development Manager Lazan stated that he finalized the ICSC booth yesterday and would have <br /> an exhibit layout for the HRA shortly. <br /> Ms. Nelson talked about the ICSC luncheon in St. Paul and that the State Demographer was the <br /> speaker. She, Kurt Ulrich, Intern Patrick Brama, and Darren Lazan attended the meeting. <br /> Ms. Nelson talked about the presentation she and Mr. Lazan would be making at the MSCA <br /> Conference on May 4 and that she would get the information out to the HRA. <br /> Ms. Nelson noted there would be a lot of meetings this week and that she will keep the HRA <br /> apprised. <br /> Housing and Redevelopment Authority / April 5, 2011 <br /> Page 5 of 6 <br />