Business, Housing and Zoning Committee

Minneapolis City Council

Tuesday, March 12, 2024
1:30 p.m. CDT

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Approved a resolution authorizing the issuance of a $21 million tax-exempt multifamily revenue bond for the 550 West Lake Street affordable housing project, a new construction proposed by Lupe Development Partners.

Approved the transfer of property management of the Cowles Center facility (516 Hennepin Ave) to the city, as Artspace has announced plans to close at the end of March. The city took ownership of the theater in 2009 in order to receive a grant to renovate the theater, and leased it to Artspace. Next, the city will issue an RFP for a new operator and expects the facility to be closed for 1-2 years.

Set a public hearing for April 16 to consider amending the city’s tobacco ordinance to increase the minimum price per cigar by about $1.

Reporting

Edited and summarized by the Minneapolis - MN Documenters Team

Note-taking by Yoga Prakasa

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Minneapolis City Council

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The Council makes the laws that govern the City. Each Council Member is elected from one of thirteen separate wards.

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