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Mikaela Huot

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CITY COUNCIL TABLES FOURNET DEVELOPMENT AGREEMENT, APPROVES TIF DISTRICT AND RIVERVIEW BONDS

The Crookston City Council met on Monday night holding public hearings for both the issuance of revenue bonds for the proposed project by RiverView Healthcare Association and the proposed TIF District 3-11 for the Fournet building.  During the public hearing for the RiverView bonds, councilman Tom Vedbraaten asked if bonding the full RiverView project would […]

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CHEDA AND CITY LEARN ABOUT FINANCING DEVELOPMENT IN THE CITY AND ITS CHALLENGES

Members of the Crookston City Council, Crookston Housing and Economic Development Authority (CHEDA) Board, City Administrator Shannon Stassen, Crookston City Finance Director Angel Weasner and CHEDA Executive Director Craig Hoiseth met with Paul Steinman and Mikaela Huot of Springsted, Inc. Tuesday morning to discuss ways the City can provide gap financing for new development in

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