Laserfiche WebLink
Economic Development Manager Sullivan presented the staff report. <br />Chairperson Steffen asked if the salon would be taking more land as Cobblestone will be taking a <br />little less. <br />Economic Development Manager Sullivan explained that the City the area around the well will <br />be retained as greenspace buffer. The two businesses are almost splitting the remaining parcel in <br />half. <br />Member Cords asked if the name change means that the entity is based in Minnesota. <br />Economic Development Manager Sullivan stated that the new LLC entity is based in Minnesota <br />which is common practice when businesses open in new states. He further explained that it is the <br />same ownership group, which was based out of Wisconsin. <br />Motion by Member Cords, seconded by Member Burandt, to recommend to City Council to <br />approve the First Amendment to Purchase Agreement for Part of Outlot A, COR Stonebrook <br />Academy, subject to City Attorney approval as to legal form. <br />Motion carried. Voting Yes: Chairperson Steffen, Members Cords, Burandt, Hardin, and Riley. <br />Voting No: None. Absent: Member Kuzma. <br />Economic Development Authority/ March 12, 2020 <br />Page 2 of 2 <br />