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Dayton EDA authorizes staff to proceed with purchase agreement for 15520 Lyndale Lane North

Dayton Economic Development Authority (EDA) · August 27, 2025
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Summary

After a closed session under Minnesota statute, the EDA approved a motion to purchase the property at 15520 Lyndale Lane North and authorized staff to proceed with the purchase agreement and any required public hearings and notices.

Following a closed session on Aug. 19, 2025, the Dayton Economic Development Authority voted to proceed with the purchase of property identified in the meeting as parcel P 05120 2222003 at 15520 Lyndale Lane North.

The chair announced the closed session under a Minnesota statute provision cited in the meeting. After reconvening in open session members recorded a motion to purchase the parcel; the motion was made by Scott and seconded by Sean, and members voted in favor. The board then approved a second motion — made by Sean and seconded by another member — authorizing staff to finalize the purchase agreement and to proceed with any necessary public hearings and public notices.

No sale price or contract details were provided during the public portion of the meeting; staff directed to proceed will handle negotiations and scheduling of public hearings. The EDA also voted to return to closed session for a second part of the negotiation before resuming public action.

What happens next: staff will complete the purchase‑agreement process, schedule required public hearings and post public notice as directed by the EDA.