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Chairperson Steffen asked if the group should go into closed session. <br /> Member Riley stated that he does not believe that the EDA would need to go into closed session. <br /> Economic Dev. Mgr./Assistant City Administrator Brama stated that he believes the offer to be <br /> realistic and reasonable, however he would also think it reasonable for the City to counteroffer. <br /> Chairperson Steffen agreed that would be fair. He stated that everyone would like to see that <br /> parcel developed as it has remained vacant for quite some time. <br /> Member Skaff noted that the additional rooftops will also help the City to accomplish other <br /> goals. <br /> Member Riley stated that this is exactly the type of development that is planned for that area. He <br /> stated that he prefers exhibit C, as it would have homes facing Ramsey Boulevard as well. He <br /> agreed that the price seems within the realm and the City should continue negotiations. He <br /> stated that this option would be a gain for the City with the additional rooftops and tax base. <br /> Chairperson Steffen stated that the developer seems flexible and willing to work with the City. <br /> Economic Dev. Mgr./Assistant City Administrator Brama confirmed that the City has experience <br /> with this developer that has been positive. He noted that the developer has been great to work <br /> with and has been flexible. <br /> Motion by Member Skaff, seconded by Member Kanaventi, to direct staff to continue <br /> negotiations and recommend to City Council to approve the purchase agreement with Centra <br /> Homes for 4.29 acres of City owned land with a preference for exhibit C because of the <br /> increased number of rooftops and tax base that would be generated. <br /> Further discussion: Member Burandt stated that he prefers exhibit C as well, as that provides the <br /> highest number of rooftops and increases the tax base. <br /> Motion carried. Voting Yes: Chairperson Steffen, Members Skaff, Kanaventi, Hardin, Burandt, <br /> Johns, and Riley. Voting No: None. Absent: Member LeTourneau. <br /> 4.02: RCP Presentation: Community Center <br /> It was noted that the students were not present today and therefore no comments were made on <br /> this agenda item. <br /> 4.03: Inland MOU Infrastructure <br /> Economic Dev. Mgr/Assistant City Administrator Brama presented the staff report. <br /> Chairperson Steffen asked if it is unique that the developer would pay the costs up front with the <br /> City to reimburse. <br /> Economic Development Authority/January 11,2018 <br /> Page 3 of 7 <br />