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Mounds View EDA May 14, 2007 <br />Regular Meeting Page 2 <br /> <br />6. CONSENT AGENDA 46 <br /> 47 <br />None. 48 <br /> 49 <br />7. EDA BUSINESS 50 <br /> 51 <br /> A. Resolution 07-EDA-232 Approving the Request for Qualifications (RFQ) for 52 <br /> the Premium Stop Redevelopment Project and to Authorize Distribution and 53 <br /> Publication of the RFQ 54 <br /> 55 <br />Economic Development Coordinator Backman explained that the Premium Stop location had 56 <br />deteriorated to the point of becoming a nuisance and the EDA made steps to acquire the location. 57 <br />He then explained that the Council authorized a market analysis and planning study to assist with 58 <br />determining the best use for the site. 59 <br /> 60 <br />Economic Development Coordinator Backman explained that the City is considering an RFQ 61 <br />process to consider a developer to redevelop the site. He then outlined the schedule for the RFQ 62 <br />process. 63 <br /> 64 <br />Economic Development Coordinator Backman explained the different ways that the RFQ could 65 <br />be advertised. 66 <br /> 67 <br />Commissioner Flaherty said that he likes the idea of looking at the City’s list of developers first 68 <br />before advertising. 69 <br /> 70 <br />President Marty said that he is concerned about getting a few responses that the City may not like 71 <br />and then losing the time. He then suggested doing some advertising because then the City could 72 <br />get better response. 73 <br /> 74 <br />Economic Development Coordinator Backman suggested utilizing the email list to get the 75 <br />information out but he is not sure of the costs for that type of advertising. 76 <br /> 77 <br />Commissioner Mueller said that advertising can be added to the purchase price and recovered so 78 <br />she likes the idea of opening it up for advertising to see what may happen. 79 <br /> 80 <br />The EDA agreed to add a not to exceed amount of $1,200 for advertising. 81 <br /> 82 <br />Commissioner Flaherty said that with a list of 18 developers the City should get some interested 83 <br />parties. He then asked to look into using webstreaming for advertisement. 84 <br /> 85 <br />Community Development Director Ericson said that Staff could look into the email blast listing 86 <br />for advertising and the costs to do so. 87