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Committee approves amendment to Royaltyre TIF redevelopment agreement to allow broader commercial uses
Summary
The Brainerd City Finance Committee adopted a resolution approving a first amendment to the redevelopment agreement with DLP Investments LLC for the Royaltyre TIF District to permit any commercial service at the facility rather than limiting it to automotive repairs; staff said the developer had already approved the change.
The Brainerd City Finance Committee on April 6 approved a resolution to amend the redevelopment agreement for the Royaltyre TIF District, widening allowable uses at the site to any commercial service rather than only automotive repairs.
"With this amendment that has already been approved by the developer, the facility can be used for any commercial service, not just for automotive…
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