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Page 6 <br /> October 26, 1998 <br /> Mounds View City Council <br /> organizations that are tax exempt. <br /> MOTION/SECOND: Quick/Koopmeiners to release the use deed and return the property to <br /> Ramsey County where it would be sold at public auction. <br /> Discussion: Stigney suggested that the City buy the property as in investment or future potential <br /> development. McCarty stated the City is not in the real estate business in competition with <br /> private Realtors. Stigney asked the Motioner/Seconder to direct staff to research the issue and <br /> see what options were available for TIF funding etc. Koopmeiners stated the property in <br /> question is not an ideal piece of property and it has been sitting vacant for some time. He stated <br /> the property would be better off going up for auction and let the private enterprise system <br /> develop the land. <br /> Economic Development Coordinator Carroll stated it would be nice to have an inventory of <br /> developable properties, which in a sense the City does with the properties in the City that are <br /> privately owned. These parcels of land can be promoted without acquiring ownership of them. <br /> The City will actively assist developers in their attempts to improve properties within the City, <br /> he stated. <br /> VOTE: Ayes - 5 Nays - 0 The motion carried. <br /> 8. REPORTS <br /> Quick No Report <br /> Koopmeiners No Report <br /> Gunn stated she had visited the new Schwanz Super Rink located in Blaine, which is billed as <br /> the largest indoor ice rink in the country. She encouraged all Mounds View citizens to visit and <br /> use the facility. <br /> Stigney No Report <br /> Mayor McCarty asked for an update on the Golf Course from Director Kessel. <br /> Kessel told the Council that the Golf Course has lost money since its opening. Part of this is due <br /> to on-going litigation for construction issues. The Golf Course budget will be reviewed at an <br /> upcoming Council meeting. A ten year projection, and restructuring plan, including cash flows, <br /> will be reviewed at that time. <br /> Mike Ulrich said there will be a Candidate Forum broadcast live on the City's cable access <br />