HomeMy WebLinkAboutHEDRA Agenda - 11-10-21HASTINGS ECONOMIC DEVELOPMENT & REDEVELOPMENT
AUTHORITY
WEDNESDAY November 10, 2021 - 6:00 pm.
HASTINGS CITY COUNCIL CHAMBERS
I. Quorum
II. Minutes
A. October 14th Regular Meeting
B. October 14th Closed Door Meeting
III. Bills
IV. Business
A. Resolution No. 2021-19 - Authorize Purchase of Property - 410 Vermillion St
(Former Rivertown Liquor)
B. Revolving Loan 214 2nd Street E: Call for payment or defer for additional 15
years.
C. Resolution 2021-20: Authorize Signature – 2nd Amendment to Purchase
Agreement - River City Investments, LLC (317 3rd St E)
D. Adopt Commercial and Owner Occupied Residential Revolving Loan
Program Revisions
E. Adopt Façade Improvement Program
F. Authorize Signature for Auction Contract for metal building sale at 415 4th
Street E
G. Resolution 2021-21: Authorize Signature to terminate an existing Purchase
Agreement between HEDRA and NJS Development, LLC (Stencil Group)
and authorize signature on an updated Purchase Agreement between HEDRA
and NJS Development, LLC (Stencil Group)
H. Future Refinancing of Existing Revolving Loans
V. Reports and Information
A. Open To Business Update
B. Development Update
VI. Closed Door Session - Review Potential Purchase of Property
VII. Adjourn
Next Meeting: December 9, 2021