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ITEM # 3. <br /> 1110 �►-��� <br /> City of <br /> Elk -�-1 <br /> River <br /> MEMORANDUM <br /> TO: Economic Development Authority <br /> FROM: Heidi Steinmetz, Assistant Director of Economic Development -\":1; <br /> DATE: October 17, 2005 <br /> SUBJECT: Consider Mutual Driveway Easement Agreement with O'Brien <br /> Holdings, LLC — Crystal Distribution, Inc. (CDI) Project <br /> Attachment <br /> • Mutual Driveway Easement Agreement <br /> Purpose <br /> • The purpose of this memorandum is to provide the EDA with the following: <br /> • Summary of CDI project <br /> • Background&issue regarding the attached Mutual Driveway Easement Agreement <br /> • Requested action <br /> Summary of Crystal Distribution, Inc. (CDI) Project <br /> Below is the CDI project timeline of activities: <br /> • Spring 2005 Staff began working with company <br /> • July 2005 EDA recommended Council call a public hearing to consider Tax <br /> Rebate Financing (TRF) assistance and EDA called a public hearing <br /> for the sale of a 3.7-acre lot to company <br /> • August 2005 EDA held public hearing and approved sale of 3.7-acre lot to <br /> company <br /> • August 2005 EDA &Council approved TRF for company <br /> • <br />