04-12-2017 Council Packet - Laserfiche WebLink

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STAFF REPORT TO: Mayor Keis and Members of City Council FROM: Joel Hanson, City Administrator DATE: April 7, 2017 RE: Call for Closed Meeting to Consider Offer to Purchase 53 & 167 South Owasso Boulevard Property Avison Young has submitted a Letter of Interest (LOI) from a third party regarding their interest in purchasing the above referenced property. Staff is recommending we go into closed session to discuss this offer pursuant to Minnesota Statutes 13D.05, subd. 3(c). This statute allows us to close a meeting to consider the following: • Determine the asking price for real or personal property to be sold by the public body. • Review confidential or nonpublic appraisal data. • Develop or consider offers or counteroffers for the purchase or sale of real or personal property. To close the meeting to consider this offer (LOI), we need to comply with the following steps: • Before closing the meeting, the council must state on the record the specific grounds for closing the meeting, describe the subject to be discussed, and identify the particular property that is the subject of the meeting. • The meeting must be tape-recorded and the property must be identified on the tape. The recording must be preserved for eight years, and must be made available to the public after all property discussed at the meeting has been purchased or sold or after the public body has abandoned the purchase or sale. • A list of councilmembers and all other persons present at the closed meeting must be made available to the public after the closed meeting. • The actual purchase or sale of the property must be approved at an open meeting, and the purchase or sale price is public data. The City Attorney will forward you the offer early next week under separate cover to preserve attorney-client privilege. Matt Angelson of Avison Young will be present for this closed session to present additional information and to answer any questions. cc: Avison Young City Attorney