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Mounds View EDA March 11, 2019 <br />Regular Meeting Page 4 <br /> <br /> <br />President Mueller thanked Mr. Rance for coming before the EDA and noted Assistant City <br />Administrator Beeman would be in touch. <br /> <br />President Mueller asked if staff had any further comments on the potential purchase of the <br />Skyline Motel. Assistant City Administrator Beeman stated the City Attorney could discuss the <br />difference between an exclusive and non-exclusive sale of this property. He reported the EDA <br />would have to make a determination if they would like to have a professional firm representing <br />the site, or if the EDA believes there was enough interest that the City could market the site <br />itself. He indicated another option would be to create a cooperative agreement and this could be <br />negotiated by staff. He explained staff was seeking direction on how to proceed with the <br />marketing of the site. <br /> <br />City Attorney Riggs provided the EDA with the definition of an exclusive and non-exclusive sale <br />of the property. He described what occurred during the Medtronic sale and noted the City had <br />not pursued exclusive sales in the past. <br /> <br />MOTION/SECOND: Meehlhause/Gunn. To Recess the EDA Meeting to reconvene after the <br />City Council Meeting. <br /> <br /> Ayes – 5 Nays – 0 Motion carried. <br /> <br />President Mueller recessed the EDA meeting at 6:28 p.m. <br /> <br />MOTION/SECOND: Gunn/Bergeron. To Reconvene the EDA Meeting. <br /> <br /> Ayes – 5 Nays – 0 Motion carried. <br /> <br />President Mueller reconvened the EDA meeting at 6:47 p.m. <br /> <br />Assistant City Administrator Beeman provided the EDA with a summary on the hotel concept <br />Commercial Investors Group/Choice Hotels was proposing for the Skyline Motel site. He <br />explained staff was seeking direction on how to proceed with the sale of this property or if staff <br />should seek assistance with the marketing and sale of the property. <br /> <br />Commissioner Gunn stated she did not believe the City needed a brokerage firm to assist with the <br />marketing and sale of this property. She noted the City did not have a broker when the <br />Medtronic project was completed. She indicated she liked the idea of having an extended stay <br />hotel on this site as it would be a new option for the community. She anticipated those visiting <br />Medtronic would appreciate having an extended stay hotel option in Mounds View. <br /> <br />Commissioner Meehlhause explained he appreciated selling this property for redevelopment as