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<br />Councilmember Jeffrey stated that he was part of the previous Council and they hired Premier <br />Commercial Properties because they are more than just a realty company; they are also involved <br />in property management. <br /> <br />There was discussion about actual yearly costs related to the lease properties, including repair <br />costs and monthly fees. <br /> <br />Acting Mayor Look stated that his concern was primarily with the NAU building and he doesn't <br />know if it is advantageous for us to pay for marketing and try to find a tenant when the City <br />really doesn't have a desire to rent the space out because it doesn't want to kick Youth First out. <br /> <br />Economic Development Coordinator Sullivan suggested that if a building is fully leased, perhaps <br />there could be a lesser rate or fee structure for property management. He stated that he thinks it <br />may be important to hear from Mr. Fisher on what he does on a day-to-day basis to manage the <br />properties. <br /> <br />Councilmember Dehen stated that he thinks there should be a policy discussion about what <br />should happen when the City buys RALF properties. He stated that he is of the opinion that <br />when the City buys these properties they should be taken down and doesn't think the City should <br />be in the leasing business. <br /> <br />There was discussion about the reasons why to keep some buildings on the tax rolls as long as <br />possible. <br /> <br />Councilmember Wise reiterated his question about the need for property management services <br />right now. <br /> <br />Mayor Ramsey stated that he thinks the Council needs a cost benefit analysis to see if it is <br />prudent to keep the properties and have a management arrangement or just a realtor to market the <br />property. <br /> <br />City Administrator Ulrich stated that staff will pull together this information and bring it back for <br />the Council discussion and will also talk to Premier Commercial Properties also about some <br />possible rate changes. <br /> <br />MAYOR, COUNCIL AND STAFF INPUT <br /> <br />None <br /> <br />ADJOURNMENT <br /> <br />The Work Session of the City Council was adjourned at 6:57 p.m. <br /> <br />Respectfully submitted, <br /> <br />City Council Work Session I March 24, 2009 <br />, Page 3 of 4 <br />