Laserfiche WebLink
Mounds View EDA May 12,2008 <br /> Regular Meeting Page 4 <br /> 130 President Marty indicated that he would not entertain an offer of anything less than the assessed <br /> 131 value of$8.00 square foot. <br /> 132 <br /> 133 Commissioner Hull said he would like to wait until the market turns around. <br /> 134 <br /> 135 Vice President Stigney said that he would not wholesale the land and this is not the time to sell. <br /> 136 He then said that he would not agree to market the property at this value. <br /> 137 <br /> 138 Commissioner Flaherty agreed with Hull and Stigney that this is not the time to sell. The City <br /> 139 has an investment in the property and he is looking at the figure that the City has paid for the <br /> 140 property and he is not interested in selling the property for a loss. <br /> 141 <br /> 142 There was consensus not to take any action at this time. <br /> 143 <br /> 144 Commissioner Mueller said she would like to see the sign installed at the site. <br /> 145 <br /> 146 Vice president Stigney said he sees no point to the sign because those in the market are in the <br /> 147 market to purchase at low prices. <br /> 148 <br /> 149 Economic Development Specialist Steinmetz indicated that staff received two quotes for signs <br /> 150 one was $250.00 without installation and the other was for$389.00 including installation. <br /> 151 <br /> 152 Commissioner Flaherty said he could compromise on the sign. <br /> 153 <br /> 154 President Marty asked Staff to bring back the quotes and the proofs at the next EDA meeting. <br /> 155 <br /> 156 8. REPORTS <br /> 157 <br /> 158 A. Expiration of Preliminary Development Agreement with Master <br /> 159 Development <br /> 160 <br /> 161 Economic Development Specialist Steinmetz explained that the EDA entered into an Agreement <br /> 162 with Master Development on November 13, 2007, which expired in six months. Master <br /> 163 Development has not requested an extension. <br /> 164 <br /> 165 9. NEXT EDA MEETING: Tuesday,May 27,2008 at 6:30 p.m. <br /> 166 <br /> 167 10. ADJOURNMENT <br /> 168 <br /> 169 President Marty adjourned the meeting at 7:17 p.m. <br /> 170 <br /> 171 Respectfully submitted, <br />