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Cannon Falls EDA prices Hardware Estates lots, prioritizes owner-occupiers; planning hearings on Track development continued
Summary
The Cannon Falls EDA set lot prices for the Hardware Estates project and adopted a policy that prioritizes owner-occupier buyers when multiple offers arrive between meetings; the planning commission continued multiple hearings on the Track development to Oct. 13. Staff and council also reported on transportation, trail and street work.
City and EDA members reported progress on development projects and other infrastructure at the Sept. 16 Cannon Falls City Council meeting.
Hardware Estates: The Economic Development Authority (EDA) set lot prices for the next phase of Hardware Estates consistent with earlier phases and adopted an interim policy to prioritize owner-occupier buyers when multiple offers arrive between regular EDA meetings. Under that policy, a purchase agreement signed by a buyer who will occupy the home…
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