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CC Regular Session 7. 6. <br />Meeting Date: 02/12/2013 <br />Submitted For: Kurt Ulrich By: Bill Goodrich, Administrative Services <br />Information <br />Title: <br />Consider purchase of 14590 Armstrong Blvd. NW, Ramsey, Minnesota (Wiser Choice Liquor Store) from M&W <br />Holding Company, LLC. (the "Property") PORTIONS OF THIS DISCUSSION MAY BE CLOSED TO THE <br />PUBLIC. <br />Background: <br />Staff has received a counteroffer from the Seller to the City's offer to purchase the Property authorized by the <br />Council in closed session on January 22, 2013. <br />Observations/Alternatives: <br />The counteroffer will be presented in closed session for Council consideration/response. <br />Recommendation: <br />Staff recommends closing the meeting to consider the counteroffer. <br />Funding Source: <br />N/A <br />Council Action: <br />Motion to close the meeting to consider a counteroffer from the Seller for the purchase by the City of the Property <br />located at 14590 Armstrong Blvd. The closed meeting is pursuant to the authority granted by Minn. Stat. §13D.05, <br />Subd. 3(c). <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 02/07/2013 02:24 PM <br />Form Started By: Bill Goodrich Started On: 02/06/2013 12:31 PM <br />Final Approval Date: 02/07/2013 <br />