City of Maple Grove EDA Meeting Agenda Packet May 18 2026
Boston Scientific Assumes Development Agreement and TIF Notes
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Description
The Maple Grove EDA adopted Resolution No. 52 consenting to Boston Scientific’s assumption of an existing development agreement and TIF notes from Ryan Companies, positioning Boston Scientific as the new developer and TIF obligor. This supports continued investment and development within the project area.
Contract Details
Vendor
BOSTON SCIENTIFIC
Agency
Town of Maple Grove, MN
Contract Type
OTHER
Document Date
May 18, 2026
Renewal Info
Boston Scientific becomes the successor party to the assigned development agreement and TIF notes; any renewals or amendments going forward will be executed with Boston Scientific.
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