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Member Steffen asked if there was any sketch plan. <br />Development Services Manager Gladhill stated at this point there is not a lot of detail but there is <br />a preliminary sketch plan in the packet. Staff reviewed with the EDA the design of the <br />preliminary sketch plan. <br />Economic Development Manager Brama indicated the PA does not have any build dates and if <br />the EDA wants them included it should be done before the PA is signed. <br />Member Williams thought development of this land could take twenty to thirty years and she <br />would hate to sell the land to a developer and have it sit there unoccupied. <br />Chairperson Steffen wondered why the City would not put a timeline around phase one. He <br />thought this could be put into the agreement. <br />Member LeTourneau stated the Council was more concerned with selling land and let the <br />economy drive the development. <br />Member Skaff wondered what kind of requirements can be put into an agreement. <br />Member Williams stated there are lots of potential ways to do this. She reviewed different <br />options. <br />City Administrator Ulrich stated they have put provisions in a number of different agreements <br />before and one can be added to this agreement if the EDA elects. <br />Chairperson Steffen asked if the development agreement is always different from the PA. <br />Member LeTourneau indicated he was not sure. <br />Development Services Manager Gladhill reviewed the City process with the EDA. <br />Member Hardin indicated the PA could have a number of contingencies written into it and he <br />liked the idea of the City holding onto the parcel until each phase is ready to be developed. <br />Economic Development Manager Brama wondered if there was a majority of the EDA <br />concerned with the PA without contingencies. <br />Member Hardin indicated he would like to see it addressed with this PA agreement. <br />Chairperson Steffen wondered if there was language that could be put into the PA for <br />contingencies. <br />City Administrator Ulrich discussed some wording with the EDA that could be placed in the PA. <br />Economic Development Authority /October 9, 2014 <br />Page 6 of 8 <br />