3/15/2018 1:10:00 PM CHISAGO CITY -
PUBLIC HEARING NOTICE:
Business Subsidy for LEI Packaging, LLC - Extension
(March 15, 22, 2018)
The Chisago City Council will hold a public hearing on Tuesday, March 27, 2018 to review and recommend the approval/denial of an extension to the business subsidy agreement which was approved in April 2014. The agreement had included a $25,000.00 business assistance grant from the Chisago City Economic Development Authority as well as a $320,000.00 loan from the City of Chisago City through the Department of Economic Developments’ Minnesota Investment Fund to LEI Packaging, LLC to off-set costs related to adding a second water service to 29720 Lofton Avenue, Chisago City, Minnesota and purchase of machinery. As part of the agreement 20 jobs were to be created and only 15 have been.
This public hearing will commence at 6:40 p.m. or as soon as possible thereafter and will be held at the City Hall. The public is welcome to attend and provide input.