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The Economic Development Authority approved a Downtown Building Improvement Program loan for Keyport Properties LLC to complete work at 3115 Chaska Boulevard, the Historic Chaska Depot, and authorized loan documents. It also approved Resolution EDA 2026-37 authorizing the issuance and sale of Series 2026A lease revenue bonds.
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The approved loan will help support renovations to the Historic Chaska Depot in downtown Chaska. The authority also authorized the next step in issuing Series 2026A lease revenue bonds. The minutes do not state the loan amount, project cost, or bond amount.
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