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. Staff Memo <br /> To: Economic Development Commission Members <br /> From: Cathy Bennett, Economic Development Coordinator <br /> Date: December 9, 1994 <br /> Agenda Item: Consideration of the Economic Opportunities of <br /> (5.C.) Property for Sale in Mounds View <br /> The item was put on the agenda at the suggestion of Commissioner Mountin to <br /> discuss the pros and cons of purchasing property now when it is reasonably priced <br /> rather than waiting until it is in a redevelopment plan and the owners are not as <br /> willing to sell or have made substantial improvements. <br /> • There are several properties for sale in Mounds View that are in potential <br /> redevelopment areas of the City. One in particular is a house located on old Highway <br /> 8 next to the Towns Edge Manufactured Home Park. This property is zoned B-3 and <br /> could be used for a variety of purposes. It would be beneficial for the discussion to <br /> drive by the property. Otherwise, I will bring a large map to the meeting. <br />