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home : news : news May 2, 2016

10/4/2012 9:02:00 AM
City approves tax abatement for hotel plan
BY PAUL RIGNELL


Chisago City Council on Sept. 25 approved a request for tax abatement from Chisago Lakes Hotel Partners LLC, which plans a GrandStay Hospitality hotel project. It will have 51 guest rooms on three floors to be built north of the McDonald’s strip mall between Highway 8 and North Avenue. Hotel plans include a pool and spa as well as a convention center, which applicants said would be run by a 501(c)(3) non-profit group to be determined. That arrangement will allow the project to be funded by conduit financing with bonds issued under Chisago City’s name, though all payments on the project would come from the developer. The Chisago council approved a maximum city tax abatement of $170,240 over a period not to exceed 10 years for the $4.4 million project. Chisago County will consider a request for further tax abatement. At a meeting Sept. 11, council approved a new crosswalk on Lamar Avenue to connect 284th Street with the Chisago Lakes Primary School grounds.

Two weeks later, a resident asked council to consider replacing a stop sign with a yield sign in the neighborhood. The man, who lives on Eagle Ridge Court, said a stop sign doesn’t make sense for the low levels of traffic coming around the corner of Lamar and 284th on the northeast side of school property most hours, especially in summer. “It’s kind of a waste of time for us to stop there (from the Eagle Ridge development), because there’s hardly any traffic there at all,” the man said. “We’re not very good about stopping there anyway.” City Administrator John Pechman said the city keeps an inventory of stop signs and their value for safety and traffic flow, and he added that state statute requires a yield sign at minimum for the spot where the man was discussing. No action was taken last week.





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