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EDA extends broker listing, asks staff to negotiate Housing Authority carve-outs for Right Street parcels

Brainerd City Economic Development Authority · September 4, 2025
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

Brainerd City's EDA voted Sept. 4 to extend an exclusive real-estate listing and directed staff to work with the broker and the Housing Authority to craft contract language that could exempt HA-initiated developers from exclusivity; the board set a new termination date of Dec. 31, 2025 and asked for a December report.

The Brainerd City Economic Development Authority on Sept. 4 voted to extend an exclusive real-estate listing and to direct staff to negotiate contract language that could allow the Housing Authority to bring developers forward on Right Street parcels without triggering broker exclusivity.

The decision came after a presentation from Jennifer Hascamp, the broker associated with the listing, who said the addendum would remove the annex building from the agreement and "extend it through I believe it's December of 2026" while acknowledging the contract had…

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