HomeMy WebLinkAbout12. EDA Meeting
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CITY OF SHAKO PEE
Memorandum
TO: Economic Development Authority
FROM: Paul Snook, Economic Development Coordinato~
SUBJECT: EDA meeting
MEETING DATE: May 20, 2003
At the May 6th meeting you adjourned to May 20th. It was anticipated that the
Development Agreement between the EDA, City Council and Scott County HRA for the
Northridge Court Apartments project would be on the May 20th agenda, but it turns out
that item will not be ready for your consideration until the June 3rd meeting.
The reason for the delay is that EDA counsel Steve Bubul has not had time to review the
Development Agreement for the Northridge Court project due to having to deal with
legislative proposals to limit debt issuance by local governments, (the bonds for the
Northridge Court project are not affected by pending legislation). Therefore the EDA
meeting should be called to order and adjourned.
agenmay20.doc