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City Council Regular Meeting Minutes February 12, 2002 Page 4 • also recommended that the City select the Pratt/Ordway team for the redevelopment 2 project. 3 4 Councilmember Horst echoed the feelings of the Council thus far, pointing out the 5 positive qualities of each of the three developers. He added that he would not have any 6 problem going with any of the firms,but said he was in favor of going with the 7 Pratt/Ordway team and partners at this time, as well. 8 9 Mayor Hodson stated that this was one of the few times that the Council has 10 overwhelmingly agreed on an issue. 11 12 Mayor Hodson continued that the quality of the work of the Pratt/Ordway team, and the 13 ability to listen to what the residents were saying was what really impressed him. 14 15 Mayor Hodson informed the Council and public that the road ahead of them was a 16 challenging one, and that it was extremely important that they maintain open lines of 17 communication. 18 19 Motion by Councilmember Faust to approve Resolution 02-027,re: Approval of 20 Pratt/Ordway, LLC, Pratt Homes, Dominium Development&Acquisition, LLC, and 21 BKV Group, Inc. to be the firm to proceed to the preliminary development agreement for 16 the redevelopment of the Northwest Quadrant area of the City of St. Anthony. 24 Motion carried unanimously, 25 26 Mayor Hodson called for a five-minute recess at 7:35 p.m. 27 28 Mayor Hodson reconvened the meeting and introduced Len Pratt of Pratt/Ordway. Pratt 29 came forward and provided the Council with a brief history of the company. He 30 introduced John Ordway, his partner and friend of more than twenty years. 31 32 The Dominium team came forward to greet the Council and assure them that they have 33 made an excellent decision in choosing the extensive Pratt/Ordway team. All present 34 were thrilled for the new partnership. 35 36 The Council and team of Pratt/Ordway posed for a group photo before the Council 37 continued with the agenda. 38 39 2. Presentation of Annual Liquor Report for 2001 (Mike Larson, Liquor Manager will be 40 resent). 41 Mike Larson came forward and stated that it was the first time that he has been invited to 42 give an annual report before the City Council, and thanked them for the opportunity to do 43 so. 44 Larson continued with a review of the six-year history of net profits for St. Anthony Village Liquor Operations. He indicated that there was a steady increase of net profits 47 for store numbers one and two over the last three years.