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CASE # ~.~ <br /> <br />ALLOY RECOVERY/KIH ERECTING NEGOTIATIONS UPDATE <br /> By: James E. Norman, City Administrator <br /> <br />Background: <br /> <br />The EDA, during their meeting of August 20, 2001, recommended the City Council direct the <br />City Attorney to complete a purchase agreement with Alloy Recovery's property to the west of <br />the Public Works facility. The City Council authorized the purchase agreement work during the <br />meeting of September 11, 2001. <br /> <br />Staff has now been in contact with the adjacent property to the north, currently owned by K2-H <br />Erecting. KIH Erecting has indicated an interest in selling the property and staff would be <br />requesting authorization .to begin negotiations with KIH Erecting during the EDA meeting. <br /> <br />EDA Action: <br /> <br />Motion to direct staff to negotiate an acquisition of the property to the west of the Public Works <br />facility owned by K.IH Erecting. <br /> <br />Reviewed by: <br /> <br />City Administrator <br /> <br />EDA: 09/17/01 <br /> <br />[~RA_FSIWOLl~users[City Shared FileMGENDA COUNCIL & COMMISSIONIEDAtAIloyKIHErectingO917OI.doc <br /> <br />-21- <br /> <br /> <br />