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Mounds View EDA January 9, 2012 Regular Meeting Page 4 this was not an allowed use in this district. Economic Development Specialist Steinmetz 130 indicated the buyer has spoken with Planning Associate Heidi Heller and herself. Both Staff 131 members made the potential buyer aware of the fact a Conditional Use Permit was required. 132 133 Executive Director Ericson indicated the City could still submit an offer on the property and if 134 the pending offer were to fall through, the owners would have something viable to consider. 135 136 President Flaherty explained the Council discussed the PAK Building last Tuesday in work 137 session. This property was located at a gateway entrance to the City and was in need of 138 redevelopment. 139 140 Commissioner Gunn was in favor of putting in an offer on the building. 141 142 Commissioner Hull agreed that it benefited the City greatly to put in an offer. 143 144 Vice President Stigney did not support purchasing the PAK Building. He felt no real 145 redevelopment could take place until the neighboring property was available. He suggested the 146 City sit back and allow the process to continue with the current bidder. 147 148 Commissioner Mueller stated she received a great number of calls regarding the PAK Building. 149 She was encouraged that an offer was pending, but was discouraged the site was in receivership. 150 She indicated if the City were to make an offer, this would create an open door for potential 151 redevelopment. Commissioner Mueller recommended the Council discuss the matter further and 152 submit a fair offer on the PAK Building. 153 154 President Flaherty commented there was EDA consensus to proceed with submitting an offer on 155 the PAK Building. He suggested Staff arrange a Closed Executive Session meeting for this 156 purpose. The EDA recommended holding this discussion prior to the February 6th work session 157 meeting. 158 159 B. St. Paul Area Association of Realtors Speaker for January 23rd EDA Meeting 160 161 Economic Development Specialist Steinmetz stated last month the Mounds View Business 162 Council meeting had a speaker from the St. Paul Area Association of Realtors discuss the home 163 sales and values in Mounds View. She questioned if the EDA would be interested in hearing this 164 presentation. 165 166 Commissioner Gunn and Commissioner Mueller were in favor of having this presentation on 167 January 23rd. 168 169 Mayor Flaherty also supported the speaker stating it would greatly benefit the EDA and the 170 residents in Mounds View. However, he would not be in attendance at the January 23rd meeting. 171