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Agenda - Economic Development Authority - 11/10/2022
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Agenda - Economic Development Authority - 11/10/2022
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3/14/2025 12:47:01 PM
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11/4/2022 11:14:30 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
11/10/2022
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Convenience Grocer- 22,000 SF - Retail - Executed LOI outlining terms of future Purchase <br /> Agreement. Drafting of Purchase Agreement taking longer than anticipated. Hopeful to have PA <br /> in front of EDA in December 2023. <br /> Other Projects <br /> •West Armstrong / Ferret Street Road and Utility Reconstruction - Plan design is at 80% which <br /> means that we should have cost estimates very soon. The potential ARAA sportsdome project <br /> could have impacts on design, so two versions are being looked at. Anticipated completion of <br /> Study is the end of November 2023. <br /> •COR Infrastructure/Wetland Analysis - The City Council approved moving forward with the <br /> complete study at the October 25, CC meeting. The Wetland item is proving to be complex and <br /> Staff continues to with with B & M to find cost effective solutions. Anticipated completion is the <br /> End of December 2022. <br /> •ARAA Sportsdome - Staff continues to meet with ARAA Project Team. Site plan review meeting <br /> scheduled for November 7. ARAA hopeful that this project to be constructed in 2023 which would <br /> need to coincide with proposed Ferret Street Reconstruction and installation of utilities. <br /> Funding Source: <br /> N/A <br /> Recommendation: <br /> N/A Informational Item <br /> Action: <br /> N/A Informational Item <br /> Attachments <br /> Development Project Map Nov 2022 <br /> Form Review <br /> Inbox Reviewed By Date <br /> Sean Sullivan(Originator) Sean Sullivan 11/03/2022 02:41 PM <br /> Brian Hagen Brian Hagen 11/03/2022 02:44 PM <br /> Form Started By:Sean Sullivan Started On: 11/02/2022 03:51 PM <br /> Final Approval Date: 11/03/2022 <br />
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