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EDA holds off on notice to BlockMetrics; will reassess power agreement in September
Brainerd Economic Development Authority (EDA) · June 5, 2025
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Summary
EDA staff reported the amended power purchase draft between Brainerd Public Utilities and BlockMetrics is being finalized and recommended not sending a 30‑day default notice; board opted to wait until September to reassess unless the agreement remains unsigned by August 1.
The Brainerd EDA discussed the status of an amended purchase and development agreement between Brainerd Public Utilities and BlockMetrics and decided June 5 not to send a 30‑day default notice while the revised agreement is under legal review.
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