HomeMy WebLinkAboutI.A - Agenda Notes
HEDRA AGENDA NOTES
April 23, 2019
6:00pm
II. MINUTES
Please see the attached HEDRA Meeting minutes from the April 23, 2019
regular meeting and HEDRA Workshop for your review and approval.
III. BILLS
April Bills
Real Estate Summits $89.00 Admin – Land Development Conference
* Reimbursable Expenses
Please see attached general ledger detail from the last two months for further
information.
IV. BUSINESS
A. Authorize Amendment to Real Estate Option Agreement: Rungoli
(Panache).
Please see the attached Memorandum outlining the request.
V. REPORTS AND INFORMATION
A. Great River Landing
HEDRA and the City Council will meet with Confluence prior to the meeting to
discuss the project time frame for renovation of the Hudson Building. Work
continues on the Parking Ramp.
B. Panache Apple
Staff submitted a grant application for $270,000 to Metropolitan Council to assist
in environmental cleanup of the site. A decision is anticipated within the next
couple of months. Receipt of funding would allow for cleanup to begin this year.
C. Commercial Vacancy
Available
May, 2019
Available
April, 2019
Net
Change
Downtown 7 7 0
Highway 55 14 14 0
Vermillion Street 15 15 0
Industrial Park 4 5 +1
TOTAL 41 40 +1
Quaint and Quirky will be moving from 202 East 2nd Street to 216 East 2nd
Street.
Sterling Drug and Dollar Store will be closing.
671 31st Street E – Kings Auto is for sale.
ATTACHMENTS
Minutes – April 23, 2019 Meeting
Bills – April, 2019
Memo – Authorize Amendment to Real Estate Option Agreement: Rungoli
(Panache)