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07-17-1989 EDA MIN . . . MEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY HELD AT THE ELK RIVER PUBLIC LIBRARY MONDAY, JULY 17, 1989 Members Present: Commissioners Tralle, Schuldt and Dobel Members Absent: Commissioners Holmgren and Kropuenske Staff Present: Dick Fursman, Economic Development Coordinator; Pat Klaers, City Administrator; Tim Keane, City Attorney 1. Pursuant to due call and notice thereof, the meeting of the Elk River Economic Development Authority was called to order at 6:30 p.m. by Commissioner Tralle. 2. Consider 7/17/89 EDA Agenda COMMISSIONER SCHULDT MOVED TO APPROVE THE JULY 17, 1989, EDA AGENDA. COMMISSIONER DOBEL SECONDED THE MOTION. THE MOTION CARRIED 3-0. 3. Consider 7/10/89 EDA Minutes COMMISSIONER DOBEL MOVED TO APPROVE THE JULY 10, 1989 EDA MINUTES. COMMISSIONER SCHULDT SECONDED THE MOTION. THE MOTION CARRIED 3-0. 4. Presentation of Marketing Ideas for Old Hardware Site Dick Fursman, Economic Development Coordinator, indicated to the Council that the City is contemplating drafting an RFP for the Jenne property. He indicated that RFP's would go to local and outside developers and banks for distribution. Mr. Fursman questioned the Council whether there was a certain type of development that they felt would best suit the City in that particular area. Commissioner Dobel questioned whether there was any input from the property owners regarding what could be developed in the area. Mayor Tralle indicated that he would like to keep retail He also felt that a restaurant would be a good idea. that he would not be in favor of making the area complex as it would distract from the downtown area. on street level. He further stated a complete office Mr. Fursman reviewed with the Council the steps he would be taking in sending out the Request for Proposals. He indicated that he would contact a firm and get on a commercial real estate listing. Mr. Fursman also indicated that the City should narrow their focus as to what should happen to the property by taking a look at what could happen to the entire block. Mr. Fursman indicated that one of the elements the Council should consider is the use of the condemnation procedure for this site. Mr. Fursman suggested setting a date for the marketing where the City will purchase the property outright. Mayor Tralle indicated he concurred with this idea but stated he would like a full Council to consider the proposal and requested that it be brought back to the Council at a future date. . . . Economic Development Minutes July 17, 1989 5. Adjournment Page 2 There being no further business, COMMISSIONER DOBEL MOVED TO ADJOURN THE EDA MBETING. COMMISSIONER SCHULDT SECONDED THE MOTION. THE MOTION CARRIED 3-0. The meeting of the Economic Development Authority adjourned at 6:50 p.m. Respectfully submitted, ~ , { Sandy Thackeray Deputy City Clerk