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If the City Council does not want to enter into the lease agreement, the quotes for the demolition will proceed <br />forthwith along with the online bidding for the equipment in the building. It should be noted that there is a cross <br />easement agreement which is attached that will need to be addressed. The well and electric service will have to be <br />installed for the COR signage. <br />If the City Council does not want to enter into the cross lease agreement or the online bidding, Staff will issue <br />quotes for demolition of the building and removal of all parking surfaces and driveways. This will be the shortest <br />timeframe for seeing the building demolished but does not solve the maintenance demands on the property or the <br />electric and irrigation issue for the COR signage. <br />Recommendation: <br />Based upon discussion <br />Funding Source: <br />Demolition of the building etc is reimbursable from the RALF program. <br />Council Action: <br />Based upon discussion <br />City Council 07.20.10 <br />Exhibit B <br />lease agreement <br />easement agreement <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 03/23/2011 05:37 PM <br />Form Started By: Brian Olson Started On: 03/22/2011 09:04 AM <br />Final Approval Date: 03/23/2011 <br />