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Development Services Manager Gladhill stated from a platting perspective you want to maintain a public access that is not impacted by a private easement. He stated this is just a suggestion and reviewed the points of proposed access. Commissioner Ramsey asked how you would resolve existing parcels that do not have direct access to the road. Development Services Manager Gladhill explained this building has the same access as Colburn's and staff is open to having conversation with the City Attorney regarding access options. City Attorney Goodrich stated he wants the HRA to be aware, since Mr. Wise is a Councilmember /Commissioner, that he would be obtaining fee title to 69,696 sq. ft., just over 1.5 acres, on a square foot basis price that will appear to be quite low ($6 -7 /sq. ft.). He noted it may raise questions from the public as to why others paid $11 /sq. ft. It was noted that the six- tenths of an acre is encumbered but Mr. Wise would obtain fee title. Development Manager Lazan indicated that is correct but there is no use for the one -half acre site except to relieve parking on the south side and this is the best plan from the development side. He advised that Mr. Wise only needs one acre of land so an outlot can be created but then the HRA would be responsible for maintenance of the outlot. Chairperson McGlone noted Mr. Wise will also be paying real estate taxes on that six - tenths of an acre. Development Manager Lazan stated the reality is that gross calculations are common in the real estate industry. Chairperson McGlone asked if any Commissioners have an issue with the Wise transaction. Commissioner Ramsey noted Mr. Wise does not need the property trying to be conveyed for access and has adequate parking with the current site plan of one acre. He asked if Mr. Wise is concerned with having to pay real estate taxes on the extra six - tenths of an acre. Development Manager Lazan indicated Mr. Wise expressed some concern with an extra tax hit and suggested the Development Team work with Anoka County to determine the tax impact since it is based on evaluation and this would be just parking lot subject to an easement. Commissioner Backous asked if the land is purely unusable and undevelopable, such as a low land or wetland. Development Manager Lazan advised that once the easement is recorded, the property would be unbuildable. City Attorney Goodrich advised that under Minnesota Statutes, the meeting can move into closed session to discuss acquisition negotiations. He indicated closed session discussion will relate to Housing and Redevelopment Authority / July 31, 2012 Page 3 of 5