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UPDATE ON DOWNTOWN MASTER PLAN FOR CONCEPT AT SOUTHWEST <br />CORNER OF COUNTY ROAD 8 AND HIGHWAY 61 <br />Staff has been working with Carolyn Krall at Landform to revise part of the downtown master <br />plan at the southwest corner of CSAH 8 and TH 61. Staff requested that more office <br />commercial space to be added to the plan. Carolyn studied the area further and added more <br />commercial space to the plan, also keeping some of the townhomes in area. Attached is the <br />plan that was submitted to the city. Staff recommended the EDA to review the plan and <br />provide direction to staff. <br />Bryan Bear gave an overview of new revised plan and wanted direction from the EDA to what <br />the next steps should be. There was discussion that townhomes may not be the best fit for the <br />area. Arcand stated that housing would not be good for the area either and that there is a <br />possibility of a parking ramp being placed there. Klein made a motion, seconded by Denaway, <br />to look at having more office space instead of townhomes in the area. <br />All aye. Motion Carried. <br />UPDATE ON DOWNTOWN EGG LAKE PROJECT <br />Staff is continuing to work with Charles and Mark Nosie on the purchase of the Glyph <br />Printing building at 14667 Forest Blvd. The April 17, 2006 EDA meeting staff was <br />directed to look into some terms for the purchase of the property. CD Director Bryan <br />Bear and CD Intern Rachel Simone met with Charles and Mark to negotiate terms for the <br />purchase agreement and Charles and Mark were open to consideration of the terms. The <br />final draft of the purchase agreement was attached with the term included. <br />Staff has also contacted Mrs. Gamboni and Mr. Holmgren regarding purchase of their property. <br />The staff provided the EDA with an update at the meeting. <br />Bryan Bear gave an update of the purchase agreement with Charles and Mark Nosie for the <br />purchase of the Glyph Printing building. He also discussed that Ms. Gamboni would like to <br />stay at her property. Miron discussed that the Gamboni property is not as important for <br />acquisition for downtown redevelopment as the Holmgren property. <br />UPDATE ON SCHOLLER PROPERTY <br />Staff was directed at the April 17, 2006 EDA meeting to look into purchasing the <br />Scholler property at 5399 145th Street because we may need the property when CSAH 8 <br />and Finale are realigned. Staff did look into if the City would need the property when the <br />roads are realigned. Staff looked at the transportation plans for CSAH 8 and found that <br />we would only need a small portion of the back side of the property, so staff concluded <br />that we would not need the entire property for the realignment of Finale. <br />Bryan Bear gave an update on the Scholler property research for possible acquisition with <br />the alignment of Finale. There was a motion made by Miron, seconded by Denaway, to <br />