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AGENDA ITEM 4 <br />STAFF ORIGINATOR: Brian Wessel <br />DATE: 7/8/96 <br />TOPIC: Public Hearing on the proposed sale of property in the Apollo Business <br />Park to Emergency Apparatus Maintenance <br />BACKGROUND: <br />Emergency Apparatus Maintenance is purchasing 1.1 acres in the city -owned <br />portion of the Apollo Business Park. The land is being purchased for $39,000 <br />per acre, plus assessments. A public hearing is required when the city is writing <br />down the cost of city -owned property. <br />OPTIONS: <br />1. Open the public hearing <br />2. Continue the public hearing <br />RECOMMENDATION: <br />Option 1 <br />