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EDA approves two downtown leases: Veil Creek Boutique and Yummy Bites to occupy commercial spaces
Summary
The Shakopee Economic Development Authority approved two lease agreements Feb. 4 — a one-year lease with Veil Creek Boutique Fashion LLC and a five-year lease with Yummy Bites (with an option to renew) — clearing the way for two businesses to occupy downtown spaces.
The Shakopee Economic Development Authority (EDA) voted on Feb. 4 to approve two separate lease agreements for downtown commercial space.
The EDA approved a one-year lease with Veil Creek Boutique Fashion LLC for an annual rent of $23,760. The EDA also approved a five-year lease with Yummy Bites (a Minneapolis-based coffee-and-treat concept) for a starting annual rent described in the motion as $39.60 and stated in the meeting transcript as “30 9 thousand 60 dollars,” with one month free rent, an annual rent increase thereafter,…
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