Lake City Economic Development Authority

Purchase agreement signed for 303 S. Lakeshore

Aug 31, 2022

A monthslong process has culminated in a signed purchase agreement for the property at 303 S. Lakeshore Drive. According to the agreement, the Lake City Port Authority will sell the property for $190,000 to Rochester-based Meier Companies, which will combine it with the other parcels on the block...

Port Authority approves Conoco property purchase agreement

Apr 13, 2022

The Lake City Port Authority voted to approve the sale of its property at 303 S. Lakeshore Drive. The Kwik Trip company purchased the now-former gas station property in 2014 and donated it to the Lake City Economic Development Authority, which this year was superseded by the Lake City Port...

Land sale should end up on the ballot or in court

Apr 6, 2022

Having been in the urban development business, and having served on Lake City’s Charter Commission, I have followed news of the Conoco site with interest. I am appalled at how that publicly owned and charter protected heritage Conoco land is offered up as a private development opportunity bargain...

Port Authority should follow charter provisions on Lakeshore Drive land sale

Apr 6, 2022

In the stewardship of land donated to Lake City, our new Port Authority (the former Economic Development Authority) has championed the wrong client. The Port Authority’s duty is to serve the public, not to facilitate a financial windfall for a prospective buyer. In 2006, the citizens of Lake City...

Port Authority comes to the fore

Mar 9, 2022

Lake City’s transition from an economic development authority to a port authority is expected to hit another milestone on Thursday, March 17. According to Cailin Richard, one of the directors for the outgoing and incoming organizations, the first Lake City Port Authority meeting will take place...

EDA in negotiations on former Conoco property

Mar 9, 2022

The Lake City Economic Development Authority (EDA) is in negotiations with a buyer interested into the EDA’s property at 303 S. Lakeshore Drive, according to EDA Director Cailin Richard. The EDA acquired the property at the corner of Lakeshore Drive and Marion Street several years ago from Kwik...

Offers popping up for downtown EDA property

Jan 12, 2022

Signs on the exterior of the building at 303 S. Lakeshore Drive let anyone passing by know that the site is available for development. The site operated as a gas station for many years until it was purchased by Kwik Trip, which removed the pumps and donated the land to the Lake City Economic...

Port authority switch could be done by the end of 2021

Aug 4, 2021

Lake City could have a port authority as early as this year. The Lake City City Council at a special July 26 meeting discussed an enabling resolution that would create the new entity. It would replace the city’s Economic Development Authority (EDA) and fill much the same role. Port authorities...

Alley might be fixed, but unknown costs trouble one owner

Jun 9, 2021

Stormwater drainage has long been a problem in the alley shared by numerous buildings in downtown Lake City that occupy Block 15. Bounded by Lakeshore Drive, Lyon Avenue, Washington Street, and Center Street, the block is home to many businesses and apartments. The alley itself is privately owned....

House passes Lake City port authority bill

May 20, 2021

By a vote of 121-10, legislation enabling the City of Lake City to establish a port authority passed in the Minnesota House of Representatives on May 14. The Minnesota Senate passed identical language 66-0 on March 4. Rep. Barb Haley, the author of the House version of the bill, said the passed...