Dominic O’Dierno, Asset Manager for Cypress Development, LLC and signatory to the MAGIC Fund application for an additional $2.5 million in funding for the City of Minot’s embattled downtown parking garages, is presently under sanctions by the U.S. Securities and Exchange Commission for his involvement[...]
Tag: Parking Garages
Cypress Development Requests $2.5 Million from MAGIC Fund for Completion of Parking Garage
Cypress Development, the lead developer behind the embattled downtown parking garages has requested an additional $2.5 million dollars from the MAGIC Fund to complete the project. Here are the details from the agenda for next week’s MAGIC Fund screening committee meeting. View[...]
Mayor Barney Comments on Parking Garages in Quarterly Letter
The following was written by Mayor Chuck Barney. When I started writing these quarterly updates, I had the goal of covering as many topics as I could, but in this letter, I want to focus on one specific issue in the City[...]
Downtown Businesses Deal with Construction
With the parking garage construction well into year two and the infrastructure project now underway, shopping downtown is more of a challenge than ever. KX News has the story on how a few business owners are managing the situation. [...]Read More... from[...]
Local Contractor Sues Downtown Parking Ramp Developers
Keller Paving & Landscaping of Minot has taken a $500,000 grievance against the developers of Minot’s downtown parking garages into the legal system. Jill Schram of The Minot Daily News has the story. This article requires a Google search redirect to bypass the[...]
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Downtown Parking Project Update
The work is pacing up in downtown Minot, but the Central Ave. garage has had a few surprises. Get the latest update on the progress from KX News. [...]Read More... from Downtown Parking Project Update
Progress! Signs of Movement at Downtown Parking Sites
There is equipment showing up and there are signs of activity at downtown Minot’s hopefully soon-to-be completed parking garages. Below is a list of closure and traffic alteration information related to the construction of the downtown parking structures. See graphic below for[...]
Parking Garage Construction Set to Move Forward
At a press conference this afternoon, Minot’s City Manager Lee Staab delivered welcome news on the construction status of two downtown parking garages. Listen to Mr. Staab’s comments below. — Official News Release, City of Minot — At a press conference held[...]
Downtown Shuttle Helps Parking Crunch
The Minot Parking Authority will be providing a downtown shuttle service to help ease the parking strain. The shuttle will run from the Municipal Auditorium parking lot to downtown locations. A schedule is available at www.downtownminot.com. [...]Read More... from Downtown Shuttle Helps[...]
City of Minot Finance Committee Recommends Hiring Attorney
The downtown parking garage fiasco looks like it will be in the hands of the lawyers. The City of Minot Finance Committee recommended hiring an attorney to handle the case for the City. The decision will now go to the full City[...]
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City May Hire Attorney Over Parking Ramps
In the case of the downtown parking holes, The City of Minot is exploring legal options, and at Tuesday’s Finance Committee meeting the option of hiring an attorney will be discussed. [...]Read More... from City May Hire Attorney Over Parking Ramps
Committee Hears Parking Pits Plan
The City of Minot’s Finance Committee heard a report on the downtown parking lot fiasco. A full estimate of the money required to get the projects moving is expected for Monday’s full City Council meeting. [...]Read More... from Committee Hears Parking Pits[...]
City Council Changes Leases on Parking Garage Projects
— City of Minot Official News Release — The Minot City Council today amended leases on the parking garages currently under construction in downtown Minot. In order to get construction of the downtown parking structures back on track, the Minot City Council amended[...]