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<br /> <br />Premium Stop Report <br />March 12, 2007 <br />Page 5 <br /> <br />Given the limited amount of property the City controls at the site, the RFQ process may be <br />preferable. If neither approach is used, then the EDA will need to market the site in a <br />number of ways. Staff would explore the cost of posting an announcement in the Minnesota <br />Real Estate Journal and we would submit press releases to both local newspapers. A <br />deadline for proposals or qualifications could be articulated (such as May 1, 2007) or it could <br />be left open ended and offers would be reviewed with the EDA as they are submitted. <br /> <br />Respectfully submitted, <br /> <br /> <br /> <br />________________________ <br />James Ericson <br />Community Development Director