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EDA backs Twin Lakes redevelopment support resolutions as developer outlines cleanup plan
Summary
Roseville EDA approved resolutions supporting applications for multiple cleanup grants for the Twin Lakes redevelopment site; developer Hyde Development described environmental field work and proposed industrial‑tech building.
Roseville — The Economic Development Authority July 14 approved a package of resolutions supporting grant applications and use of Tax Increment Financing to cover environmental cleanup gaps at the Twin Lakes redevelopment site, the city’s staff and the prospective developer told the board.
The EDA acted unanimously to forward five support resolutions that will accompany grant applications to the Met Council, Ramsey County and other cleanup funds; the measures also document local willingness to use available Twin Lakes TIF district funds toward remediation if external grants do not fully cover cleanup costs.
Why it matters: City staff and…
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