KEYC - Mankato News, Weather, Sports - - N. Mankato City Council To Decide Fate of Marigold Development

N. Mankato City Council To Decide Fate of Marigold Development

Posted: Updated:
  • Tuesday, June 18 2013 12:03 AM EDT2013-06-18 04:03:53 GMT
    An action-packed North Mankato City Council meeting as the city gets a first look at a plan to get their financial house in order. Northland Securities, the firm that put together tonight's debt study,
    Marigold plan on hold until the fall
  • Tuesday, June 18 2013 12:00 AM EDT2013-06-18 04:00:32 GMT
    Sherry Batrus is trying to be healthy, especially when it comes to food. "I grew up in the south. I grew up with fried foods, carb city, tons of sugar. I mean if it was up to me I could eat Krispy Kreme
    A new study followed 100–thousand people for four years. 
  • Monday, June 17 2013 8:03 PM EDT2013-06-18 00:03:42 GMT
    An accident just before noon at the intersection of Star and Tullamore Streets sends two women to the hospital. According to Mankato police, Amanda Knutson of Mankato was driving eastbound on Tullamore
    An accident just before noon at the intersection of Star and Tullamore Streets sends two women to the hospital.
NORTH MANKATO, Minn. -

The North Mankato Planning Commission makes no decision on a conditional use permit for the second phase of the Marigold development.

The proposed 6–story, 108 unit apartment complex needs a conditional use permit from the city because city code only allows 3 story buildings. The planning commission was supposed to make a recommendation to the city council, but instead they left it up to the council to decide for themselves.

Interim City Administrator Mike Fischer says, "They'll be look at both the economic viability of the project, do the developer insisting that it needs to be at least 6 stories to be economically feasible, but then also looking at some of the neighborhoods concern and other concerns that are brought forward."

The $17 million dollar development is proposed to be built next to the current 2–story Marigold complex.

The port authority did recommend the council approve the developer's tax–increment financing to pay for the project. The North Mankato city council will look at the issue at its meeting on November 5th.