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• <br />• <br />• <br />AGENDA ITEM 6A <br />STAFF ORIGINATOR: Mary Alice Divine <br />DATE: 3/27/00 <br />TOPIC: Second Reading: Ordinance No. 04 -00 offering the sale of <br />property in the Apollo Business Park to NoI -Tec Systems, <br />Inc. <br />Vote Required: Simple majority <br />BACKGROUND: <br />This is the second reading of an ordinance to sell .79 acres of land in the Apollo <br />Business Park to Nol -Tec Systems. The company is interested in holding this <br />site for future expansion. The city and NoI -Tec agreed to a purchase price of <br />$41,900, plus assessments. <br />OPTIONS: <br />1. Approve the second reading of Ordinance No. 04 -00 offering the sale of <br />property in the Apollo Business Park to Nol -Tec Systems, Inc. <br />2. Return to staff for further consideration <br />RECOMMENDATION: <br />Option 1 <br />