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7.2. EDSR 10-16-2023 Request for Action To Item Number Economic Development Authority 7.2 Agenda Section Meeting Date Prepared by General Business October 16, 2023 Brent O’Neil, Economic Development Director Item Description Reviewed by Update: Sale of Property at 10835 170th Avenue NW Cal Portner, City Administrator Reviewed by Action Requested Item presented for information and discussion purposes. Background/Discussion The sale of property at 10835 170th Avenue NW is scheduled to close and transfer to Thunderstruck Exteriors in early November. The project has been working through its due diligence period, including entitlement approvals through the city planning process. Staff is working through final steps to transfer the property. Financial Impact N/A Mission/Policy/Goal Support Elk River’s existing businesses through relationship building, programmatic offerings, and high-quality city services. Attract new business development to Elk River to build the city’s economic vibrancy, job offerings and tax base. Attachments  Site Plan  Building Elevations The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity. Updated: January 2023 plansFF- DISCLAIMER OF WARRANTIES The upon request by draftsmen registered architects professional engineers and are for INFORMATION PURPOSESONLY. Design Team makes NO WARRANTIES WHATSOEVER OR IMPLIED as to merchantability or fitness for a particular purposeand places reliance upon said plans at the sole risk of the user(s). The selection of correct structural materials and - application principalsarchitectural responsibilitythe builder,the or the user of these plans. Co ■I ICI I■I co 1. .■. .1 - I■I ICI I■I �4.w \\ 1. co 0 CQ o`CQ kn Z nj 1� O z lU Q U � w w W U JOB NUMBER: -15423001 FILE NUMBER: -1542300120 DATE: DRAFT CHKV 5/26/23 Jo AD REVISED: 6/21/23 JO AD REVISED: -1/5/23 JO TP REVISED: 9/15/23 JO TP REVISED: 9/26/23 JO AD REVISED: 10/2/23 Jo AD ELEVATIONS 0 COPYRIGHT 1988-CURRENT MDR MEIG �h REAR ELEVATION SCALE: 116' = V-0" LEFT ELEVATION SCALE: 116" = V-0" ENGINEERING PROVIDED BY DUFFY ENGINEERING plansFF- DISCLAIMER OF WARRANTIES The upon request by draftsmen registered architects professional engineers and are for INFORMATION PURPOSESONLY. Design Team makes NO WARRANTIES WHATSOEVER OR IMPLIED as to merchantability or fitness for a particular purposeand places reliance upon said plans at the sole risk of the user(s). The selection of correct structural materials and - application principalsarchitectural responsibilitythe builder,the or the user of these plans. Co ■I ICI I■I co 1. .■. .1 - I■I ICI I■I • I LW \\ C/3 LO \CQ oo` o`CQ c Inn Z � Q �3 O� o W Q U � w w W O U JOB NUMBER: -15423001 FILE NUMBER: -1542300120 DATE: DRAFT CHKV 5/26/23 Jo AD REVISED: 6/21/23 Jo AD REVISED: -1/5/23 JO TP REVISED: 9/15/23 JO TP REVISED: 9/26/23 JO AD REVISED: 10/2/23 Jo AD ELEVATIONS A - I , 2 COPYRIGHT 1988-CURRENT XXXXXX