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The HRA voted 4-0 to authorize the Executive Director to explore and negotiate lease terms for temporary industrial-park storage, primarily for Xcel Energy and TD&I. Xcel discussed leasing about 15.5 acres beginning as early as September 2026, with preliminary rent estimated at $3,000-$5,000 per month.
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The action allows staff to negotiate leases but does not approve final agreements. Xcel Energy may use part of the site for transmission-project materials, while TD&I may continue using roughly 15,000 square feet and limited outdoor space. Storage containers may require an Interim Use Permit, and lease language will be revised to require tenants to maintain and repair access roads.
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