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Chairperson Steffen indicated it would make sense for the City Council to reach consensus on <br />whether to utilize Sewer Fund dollars to construct the sewer line to serve this node. <br />Assistant to the City Administrator Brama requested input on the highlighted areas of the <br />Statement of Goals. <br />GOAL <br />Member LeTourneau suggested that the Goal statement eliminate the words "blighted <br />properties" and questioned whether the bank property is blighted. <br />It was the consensus of the EDA to replace the words "blighted properties" with "primary and <br />secondary areas of concern" as delineated on Appendix A. <br />VISION <br />Member LeTourneau suggested including a reference to public space. He stated the COR <br />provides a specific value to the City and he felt the 167/47 node is another asset of the City that <br />should have the same feel as the COR in terms of its value. <br />Chairperson Steffen questioned the need for the Vision phrase that states "whereas, the existing <br />stock of retail is appropriate for a regional commercial node." <br />Assistant to the City Administrator Brama agreed this phrase was not necessary and should be <br />deleted. <br />Chairperson Steffen suggested the first sentence state a "mixture of residential and/or retail <br />uses," adding he would be okay with all residential uses as long as it covers the north side. <br />Member LeTourneau stated this falls under market driven and felt the community was going to <br />want retail in this node. <br />After further discussion it was the consensus of the EDA to make no changes to the first sentence <br />of the Vision statement. <br />PARAMETERS (Item C. III.) <br />Member LeTourneau suggested the first sentence of paragraph C regarding Marketing be revised <br />to replace the word "sponsoring" with "facilitating." <br />Assistant to the city Administrator Brama advised that he and Chair Steffen met with Mr. Marty <br />Fisher of Premier Commercial Realty to discuss marketing the site with a third party broker and <br />Mr. Fisher believes the use of a third party broker would be effective given the size of this node. <br />He suggested the EDA consider sending an RFQ to third party brokers for presentation to the <br />ownership group to see if they are interested in pursuing a third party broker. He added that <br />another option would be to develop the marketing package internally and advertise the site <br />through normal channels available to the City. <br />Economic Development Authority /July 18, 2013 <br />Page 4 of 7 <br />