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2015.06.16 EDA Agenda Packet
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2015.06.16 EDA Agenda Packet
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Commissions
Meeting Date
6/16/2015
Document Type
Agenda/Packets
Commission Name
EDA
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MINUTES FOR THE EDA MEETING OF MAY 19 2015 <br />Weidt called the meeting to order at 5:04 pm. <br />PRESENT: Denaway, Gallivan, Houle, Petty, Puleo, and Weidt <br />ABSENT: Klein <br />STAFF: Rachel Juba, Planner <br />Rachel Leitz, Community Development Intern <br />APPROVAL OF MINUTES FOR THE EDA MEETING OF APRIL 14, 2015 <br />Puleo made motion, Petty seconded, to approve minutes for the EDA meeting of April 14, 2015. <br />All Ayes. Motion carried. <br />DISCUSSION ON MARKETING OF CITY OWNED PROPERTY <br />Planner Juba updated the EDA from the meeting of April 14, 2015. She reminded the EDA of <br />their recommendation to the City Council to market the city -owned property with the criteria that <br />was presented. <br />Juba stated that on the May 4, 2015 meeting, the City Council approved Staff marketing the city - <br />owned property and requested a marketing plan and an update in September. <br />Juba began describing what has been accomplished in marketing the property. First, she wanted <br />to acknowledge what the City had previously done with the property, which included acquiring <br />the property, proper zoning, community input with the downtown design guidelines, and an <br />update to the downtown market study. She stated that staff has created a summary of financing <br />options, created a marketing brochure and marketing flyers, and has put the property for sale on <br />MNCAR's website and LoopNet. Juba stated that staff will be attending MN Shopping Center <br />Association and MNCAR events as well as sending out e-mail blasts to the top brokers in <br />Minnesota with the property highlights and description. <br />Gallivan asked if we have received any calls on the property. <br />Juba stated that these listings were just put up last Thursday, so we have not received any phone <br />calls from those yet, but still receive some inquiries regarding the property. Juba said she would <br />expect to receive more phone calls when specific brokers have been reached out to. <br />Juba concluded by saying that the City Council has requested an update in September and if the <br />expected progress has not been made, there may be a re-evaluation of the marketing strategy and <br />firing of a commercial broker. <br />
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