Laserfiche WebLink
ITEM # 7. <br />Kive r <br />MEMORANDUM <br />TO: Economic Development Authority <br />FROM: <br />DATE: <br />SUBJECT: <br />Attachment <br />Catherine Mehelich, Director of Economic <br />March 10, 2008 <br />Update on Proposed Entertainment Center Project <br />Development <br />• EDA Meeting Minutes, October 8, 2007 <br />Issue <br />At its October 8, 2007 meeting the EDA heard a presentation from the developers of a <br />proposed entertainment center and hotel project. The presentation included a description of <br />the proposed project and the developer's request for public financing assistance needed fox <br />the project to proceed. The EDA indicated a willingness to consider the developer's <br />proposal with additional details, and directed staff to proceed with the due diligence <br />necessary to complete a financial feasibility analysis of the proposed project and assistance <br />request. <br />At the March EDA meeting staff will provide a verbal update on the status of the <br />development proposal. <br />