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CC Work Session <br />Meeting Date: 02/12/2018 <br />Submitted For: Patrick Brama, Administrative Services <br />By: Patrick Brama, Administrative Services <br />Information <br />Title: <br />Pricing Strategy (portions of this case may be closed to the public) <br />2. 4. <br />Purpose/Background: <br />Purpose: <br />Review pricing strategy for the sale of city owned land.* <br />*The pricing strategy discussion will occur during closed session. Staff will be sending confidential materials <br />to the Council directly, via email. The attached reference map shows the various properties currently <br />available for sale/ purchase. Although CBRE is the City's broker, for various reasons, they are not listing all <br />available City owned properties. Staff has received EDA input on the proposed/ updated pricing strategy and <br />wants to share this information with the Council in a closed session to address any questions. <br />Notification: <br />NA <br />Observations/Alternatives: <br />The pricing strategy is used by staff as a guide for real estate negotiations. The Council ultimately approves all land <br />sales by separate action. <br />Funding Source: <br />NA <br />Recommendation: <br />NA <br />Action: <br />No action necessary. Informational only. <br />Ref Map <br />Current CBRE Listings <br />Shovel Ready Status Tables (draft) <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 02/08/2018 02:55 PM <br />Form Started By: Patrick Brama Started On: 01/11/2018 01:44 PM <br />Final Approval Date: 02/08/2018 <br />