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Cottage Grove EDA authorizes letter of intent for roughly 13.1-acre site to Trade Home Shoes
Summary
The EDA authorized staff to execute a letter of intent with Trade Home Shoes to purchase approximately 13.1 acres (PID 21.0270.210.340.007) at $1,711,908 and to prepare purchase documents following a public hearing; staff said a prior Ryan Company deal did not proceed.
Cottage Grove — The Cottage Grove Economic Development Authority on Jan. 13 authorized the EDA president and city administrator to execute a letter of intent with Trade Home Shoes for roughly 13.1 acres located east of Jamaica and just south of 97th Street, and directed staff to prepare purchase agreement documents for a future…
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