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Mounds View EDA May 14, 2007 <br />Regular Meeting Page 3 <br /> <br />July 9, 2007. <br /> <br />MOTION/SECOND: Mueller/Hull. To Approve Resolution 07-EDA-232, Approving the <br />Request for Qualifications (RFQ) for the Premium Stop Redevelopment and to Authorize <br />Distribution and Publication of the RFQ. <br /> <br />Commissioner Flaherty commented that there is a group of 18. <br /> <br />Economic Development Coordinator Backman clarified that there are 8 or 9 familiar with the <br />project and four interested. <br /> <br />Commissioner Flaherty would like to go to the 18 first and save the $1,200 for advertising. He <br />then said that he would like the City to require the recovery of all costs for purchasing and <br />redeveloping the property. <br /> <br />Economic Development Coordinator Backman explained that he had only included land <br />acquisition costs but other language could be added. <br /> <br />Community Development Director Ericson said that as the property sits it is not worth $625,000. <br /> He then said that the goal is to recover City expenses but that may not be possible. <br /> <br />Vice President Stigney requested clarity in the fifth whereas. The EDA agreed. <br /> <br /> Ayes – 4 Nays – 1(Flaherty) Motion carried. <br /> <br />8. REPORTS <br /> <br />None. <br /> <br />9. NEXT EDA MEETING: Tuesday, May 29, 2007 at 6:30 p.m. <br /> <br />10. ADJOURNMENT <br /> <br />President Marty adjourned the meeting at 7:07 p.m. <br /> <br />Respectfully submitted, <br /> <br />Recorded and transcribed by: <br />Joan Lenzmeier, Recording Secretary <br />TimeSaver Off Site Secretarial, Inc.