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EDA renews infield tenant lease at $10.50 per square foot for five years

East Grand Forks Economic Development Authority · April 22, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The EDA approved a five-year renewal of the infield tenant lease at $10.50 per square foot, following loan-committee review and discussion about potential facility improvements and signage; the motion carried.

The East Grand Forks Economic Development Authority voted to renew the infield tenant lease at $10.50 per square foot for the next five years, with plans to review terms at the next renewal.

Staff said the loan committee reviewed the proposed renewal and recommended keeping rent at…

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