6.1. EDSR 07-18-2022Request for Action
To Item Number
Economic Development Authority 6.1
Agenda Section Meeting Date Prepared by
Public Hearings July 18, 2022 Brent O’Neil, Economic Development Director
Item Description Reviewed by
Sale of Property at 17610 Tyler Street NW Cal Portner, City Administrator
Reviewed by
Action Requested
Open the public hearing, receive comments, and continue the public hearing until the August 15, 2022, regular
meeting of the EDA.
Background/Discussion
The EDA has received an offer to purchase property at 17610 Tyler Street NW from Onyx Strategic Partners,
LLC. Staff and legal counsel continue to negotiate all terms of a purchase agreement with the buyer, and are
requesting the hearing and consideration of a purchase agreement be continued to the August 15 meeting.
Financial Impact
The financial impacts of the proposed sale will be determined upon final negotiation.
Mission/Policy/Goal
Attract new business development to Elk River to build the City’s economic vibrancy, job offerings and tax base.
Attachments
Draft Site Concept Plan
The Elk River Vision
A welcoming community with revolutionary and spirited resourcefulness, exceptional
service, and community engagement that encourages and inspires prosperity.
Updated: August 2020
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