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<br /> <br /> STAFF REPORT <br /> <br /> <br />TO: Mayor Keis and Members of City Council <br /> <br />FROM: Joel Hanson, City Administrator <br /> <br />DATE: December 16, 2016 <br /> <br />RE: Avison-Young Listing Agreement for Industrial Land – Owasso/Woodlyn Area <br /> <br />Bruce Bahneman and Mark Angleson have forwarded a listing agreement for the industrial <br />property we own (53 South Owasso & 167 South Owasso) known as the Owasso/Woodlyn <br />redevelopment area. This listing agreement only covers our property. In my discussions with <br />them, it has been envisioned that other parcels will be added to the redevelopment area, but they <br />won’t be part of this listing agreement. The City would control this process by not executing a <br />purchase agreement until we are confident that an overall redevelopment program meetings or <br />objectives. I believe it is hard to pin this down too specifically depending on the final purchaser, <br />but I have asked Mr. Bahneman and Mr. Angleson if they could provide some additional <br />information along those lines. <br /> <br />Subject to the cancellation provisions and the comments of our City Attorney, I would <br />recommend entering in to this listing agreement as proposed. <br /> <br />Cc: Bruce Bahneman – Avison Young <br /> Patrick Kelly, City Attorney