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AGENDA ITEM 3A <br />STAFF ORIGINATOR: Brian Wessel <br />DATE: 10/13/97 <br />TOPIC: Consideration of Resolution No. 97-19 authorizing sale of property <br />to Rice Industries, Inc. <br />BACKGROUND: <br />Resolution No. 97-19 will complete the EDA's transaction for the sale of property <br />in the Apollo Business Park to Rice Industries. Closing on the sale of the <br />property will be scheduled after site and building plan approval by the city <br />council. <br />OPTIONS: <br />1. Adopt Resolution No. 97-19 authorizing sale of property to Rice Industries <br />2. Return to staff for further consideration <br />RECOMMENDATION: <br />Option 1 <br />