Minutes - Council - 12/09/2014 - Laserfiche WebLink

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Motion carried. Voting Yes: Mayor Strommen, Councilmembers Riley, Kuzma, Johns, and LeTourneau. Voting No: None. Absent: Councilmember Backous and Tossey. 7.09: Consider Offers to Purchase City Owned Property Located at 15153 Nowthen Boulevard (portions of the case closed to the public) Asst. City Administrator/Economic Development Manager Brama reviewed the staff report and separate informal offers from NIK Management Group and D.R. Horton to purchase City -owned property located at 15153 Nowthen Boulevard. The property is listed by CBRE and currently listed at $40,000 with a total asking price of $820,000. Asst. City Administrator/Economic Development Manager Brama described the due diligence process that may result in slightly evolving offers. Asst. City Administrator/Economic Development Manager Brama stated both offers propose a two -phase approach with the buyer purchasing all developable land (14 acres) now and a second phase to purchase the remaining 6.5 acres after Fire Station #2 is relocated and the buildings are removed. It was noted that both informal offers require the City to deliver a clean site at second phase. Asst. City Administrator/Economic Development Manager Brama provided background information on both companies and advised that the D.R. Horton offer includes a land swap relating to about 10 acres. Asst. City Administrator/Economic Development Manager Brama reviewed the anticipated timeline and advised that under Minnesota Statutes, Section 13D.05, Subd.3, the meeting can move into closed session to develop a negotiation strategy for the sale of City -owned property located at 15153 Nowthen Boulevard. Motion by Councilmember LeTourneau, seconded by Councilmember Johns, to move to Closed Session to discuss acquisition negotiations. Motion carried. Voting Yes: Mayor Strommen, Councilmembers LeTourneau, Johns, Kuzma, and Riley. Voting No: None. Absent: Councilmembers Backous and Tossey. The City Council meeting moved into a Closed Session at 9:24 p.m. The City Council reconvened in Open Session at 9:45 p.m. Asst. City Administrator/Economic Development Manager Brama stated the Council met in Closed Session and reviewed informal offers for City -owned property at 15153 Nowthen Boulevard from NIK Management Group and D.R. Horton and direction was given for staff to negotiate with NIK Management Group to prepare a purchase agreement for Council review in January of 2015 and to discontinue negotiation with D.R. Horton on this property but to continue conversation on other property within Ramsey. City Council / December 9, 2014 Page 12 of 13