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Council approves development, grant and lease agreements for Fraser Shipyards project

3773882 · June 11, 2025
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Summary

The council approved execution of a development agreement, grant agreement and lease agreement in connection with Fraser Shipyards Inc.'s project; the vote was taken by voice and the motion passed.

The Superior City Council approved a resolution to execute a development agreement, grant agreement and lease agreement for a project involving Fraser Shipyards Inc.

The item was presented as a resolution of the City of Superior; Councilor Olson moved the measure and Councilor Dalbec seconded. The council voted in favor by voice.

The transcript records the council27s approval of item 10.2 but does not include the text of the agreements or the financial terms in the recorded portion of the meeting.