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The Port Authority agreed to move forward with a request for proposals for the Speedway site after significant public engagement. Staff planned to finalize the documents with Kennedy & Graven and make them available within a month.
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The request for proposals will invite businesses or developers to submit plans for the Speedway site. The Port Authority said it can carefully evaluate the proposals and wait for a suitable option, while staff noted that some interested businesses may need financing assistance. The meeting also included an update on Rosemount's Open to Business program, which has operated in the city since 2013.
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