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BACKGROUND MEMO FOR THE EDA MEETING OF <br /> MONDAY, AUGUST 10, 2009 <br /> 3. APPROVAL OF MINUTES <br /> Staff recommends approval of the minutes from the July 20, 2009, EDA Meeting as <br /> presented. <br /> 4. DISCUSSION ON OFFERS TO SELL PROPERTY LOCATED ON 165TH <br /> STREET <br /> On Thursday, May 14, 2009 staff met with the property owners in the 165th Street and <br /> Highway 61 area. The meeting was to discuss the possibility of another industrial park in <br /> that area. On the 2030 land use plan the area is shown as industrial. At the meeting some <br /> of the property owners in the area were interested in selling. These property owners <br /> continue to market their property for sale. The property owners thought the City may <br /> have an interest in buying the property and followed up with an offer to sell.Staff <br /> recommends the EDA discuss the offers to sell. <br /> 5. UPDATE ON DOWNTOWN REDEVELOPMENT <br /> Staff will update the EDA on the progress of downtown redevelopment. <br /> 6. UPDATE ON BR&E PROGRAM <br /> Staff will update the EDA on the progress of the BR&E Program. <br />