3/27/2014 9:50:00 AM CHISAGO CITY - PUBLIC HEARING -
BUSINESS SUBSIDY FOR
LEI PACKAGING, LLC
(March 27; April 3, 2014)
The Chisago City Economic Development Authority will hold a public hearing on Tuesday, April 8, 2014 to review and recommend the approval/denial of a business subsidy agreement. The agreement will include a $25,000 business assistance grant from the Chisago City Economic Development Authority as well as a $320,000 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.
This public hearing will commence at 4:40 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.