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CASE # <br /> <br /> PUBLIC HEARING TO CONSIDER AMENDING CONTRACT <br /> FOR PRIVATE DEVELOPMENT <br />BETWEEN THE CITY OF RAMSEY AND MATESKI PROPERTIES, INC. <br />By: James E. Norman, City Administrator <br /> <br />Background: <br /> <br />The City entered into an agreement with Mateski Properties, Inc., d/b/a Systematic Refrigeration <br />in June 2000. An 80,280 square foot building was constructed in 2000, which is currently being <br />used for manufacturing, storage, and office space for the construction of refrigeration units. <br />Mateski Properties have recently met with the City and informed the City of their intent to sell its <br />interest to Zero Zone, Inc., a Wisconsin Corporation. Requirement to a sale would require the <br />City to amend the ,job goal section of the Development Agreement authorized in the year 2000. <br /> <br />A public hearing has been scheduled and publication has been made for the public hearing. <br /> <br />Council Action: <br /> <br />After the public hearing is held, the City Council, by motion, may amend' the job goal section of <br />the contract for private development between the City of Ramsey and Mateski Properties, Inc. <br /> <br />Reviewed by: <br /> <br />City Administrator <br />City Attorney <br />Finance Department <br /> <br />CC: 01/08/02 <br /> <br />-165- <br /> <br /> <br />