10/14/14 - Laserfiche WebLink

Home

Commissioner Riley requested a correction on Page 5, the motion for Case 5.01, to add that the proper zoning is in place prior to renegotiating the Purchase Agreement with PSD LLC. Asst. City Administrator /Economic Development Manager Brama stated he is unsure how a change in a motion would take place but that can be reviewed by staff and brought back to the next meeting with updated minutes for review. City Administrator Ulrich stated if the HRA is in approval of that amendment, the minutes could be amended and approved tonight with that change. Commissioner Tossey asked how this amendment will effect tonight's agenda, noting Mr. Kuker is in the audience and wants to talk about his project. City Administrator Ulrich stated the agenda has been approved and the item can still be discussed but in deference may impact how the HRA acts on that case. Commissioner Strommen suggested making another motion during discussion of that case that renews the intent of the September 23, 2014, motion. She noted the paragraph above the motion references the zoning change and that was the intent of Commissioner Riley's motion. Motion by Commissioner Riley, seconded by Commissioner Tossey, to amend Page 5, the motion for Case 5.01, of the Regular Meeting Minutes dated September 23, 2014 to indicate: Motion by Commissioner Riley, seconded by Commissioner Tossey, to direct staff to renegotiate a new Purchase Agreement between the Ramsey HRA and PSD, LLC for 13.97 acres of Ramsey HRA -owned land located within The COR after the proper zoning is in place. Motion carried. Voting Yes: Acting Chairperson LeTourneau, Commissioners Riley, Tossey, Johns, Kuzma, and Strommen Voting No: None. Absent: Chairperson Backous. Motion by Commissioner Tossey, seconded by Commissioner Riley, to approve the following amended minutes: Regular Meeting Minutes dated September 23, 2014 Motion carried. Voting Yes: Acting Chairperson LeTourneau, Commissioners Tossey, Riley, Johns, Kuzma, and Strommen Voting No: None. Absent: Chairperson Backous. 5. HRA BUSINESS 5.01: CBRE Activity Update Brian Pankratz of CBRE provided an update on their activity to market HRA -owned property, reviewed the vacancy rate and average asking rate for industrial, office, and retail properties, and a housing inventory analysis by city. Mr. Pankratz presented an overview of CBRE's marketing Housing and Redevelopment Authority / October 14, 2014 Page 2 of 8