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Prospect Update Management Analyst Brama advised that staff is working with Prospect Alpha on the property located at 14280 Azurite and the City Council will discuss the offer in closed session next Tuesday. He advised that Prospect Bravo is a large existing manufacturing company that is interested in making a significant expansion to its space. He stated staff met with them in December and has heard nothing further. He advised that Prospect Charlie is interested in expanding a function of its current space from 5,000 square feet to 10,000 square feet; however, staff was recently informed they plan to wait until 2014 to complete this expansion. He added this business is currently subletting a portion of the building to RJM and plans to take the entire site in 2014 and staff will stay in touch with RJM to make sure they have a location in the City. He advised that Prospect Delta is a medium sized manufacturing company in the City that is interested in expanding its 20,000 square foot facility. He stated that staff met with them through the Business Retention Program and will continue to work with them. He advised that Prospect Echo is a 10,000 square foot facility interested in expanding and is looking for space this summer to suit their short- term He stated this prospect is also looking for a 30,000 square foot facility with room to expand in 2014 and staff will continue to work with them. Member LeTourneau asked if the City has a 30,000 square foot facility available in its inventory. Management Analyst Brama stated that the property previously looked at by Prospect Alpha was shared with Prospect Echo as a possible long -term solution but if Prospect Alpha takes this property, the City would not have sufficient space available for Prospect Echo. He added that the issue of available land is part of the EDA work plan as well as the City Council's strategic goals. 167 Avenue NW & State Trunk Highway 47 Node Management Analyst Brama advised that the Planning Commission informally approved the proposed gun range. He stated that the property owner will need to submit a CUP request for the proposed use and staff has not heard anything further from the property owner. Member LeTourneau asked if the City has considered the old HealthQuest building for the gun range user. He stated the City has had considerable discussion about the appropriateness of planning for this site and the City has called it a retail storefront use, adding that having it encumbered by a business may make it difficult for the City to give this area a new look. Management Analyst Brama stated that staff would contact the prospect and make them aware of the HealthQuest site. Chair Steffen requested that staff provide the EDA with a map highlighting City -owned and privately owned properties. Management Analyst Brama noted that the City has a web page listing all City -owned properties including a profile of available properties and agreed to provide this map to the EDA. Chair Steffen suggested that a broker list the Amoco property rather than simply having a City sign on the property. Economic Development Authority/March 7, 2013 Page 3 of 6