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Economic Development Authority (EDA) <br />Meeting Date: 07/10/2014 <br />By: Ted LaFrance, Administrative Services <br />Title: <br />CBRE Presentation and Meet/Greet <br />4. 1. <br />Purpose/Background: <br />The purpose of this case/presentation is to learn more about our preferred broker, CBRE. The City of Ramsey and <br />Ramsey HRA signed an agreement with CBRE in early 2014 to market The COR and various other HRA/City <br />owned parcels throughout the community. CBRE and Staff has been actively engaged in marketing the property and <br />communicating with leads. This relationship has led to the sale of 6 residential lots (4 within The COR) along with <br />contracts on 3 other parcels (2 within The COR). This presentation is meant to be open and interactive; a way to get <br />to know our brokers, understand our relationship and gather insight into what the market is up to. Feel free to take a <br />look at our Offering Memorandum, which is attached. <br />Notification: <br />Observations/Alternatives: <br />Funding Source: <br />Recommendation: <br />Action: <br />City of Ramsey OM <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 07/02/2014 05:08 PM <br />Form Started By: Ted LaFrance Started On: 07/02/2014 01:36 PM <br />Final Approval Date: 07/02/2014 <br />