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Economic Development Authority (EDA) <br />Meeting Date: 12/14/2017 <br />Submitted For: Patrick Brama, Administrative Services <br />By: Patrick Brama, Administrative Services <br />Title: <br />CBRE: Updates and Pricing Strategy (portions of this case may be closed to the public) <br />4. 3. <br />Purpose/Background: <br />Purpose: <br />(1) Receive update from CBRE (Brian Pankratz) on marketing efforts for the sale of City owned land. Please <br />reference the attached presentation. <br />(2) 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 EDA directly, via email. The attached reference map shows the various properties currently available <br />for sale/ purchase. Although CBRE is the City's broker, for various reasons, they are not listing all available <br />City owned properties. Staff is requesting EDA input on the proposed/ updated pricing strategy. Staff will be <br />taking this case to the Council in January. <br />Notification: <br />NA <br />Observations/Alternatives: <br />NA <br />Funding Source: <br />NA <br />Recommendation: <br />NA <br />Action: <br />NA <br />CBRE Update <br />Ref Map <br />Current CBRE Listings <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 12/08/2017 11:41 AM <br />Form Started By: Patrick Brama Started On: 11/10/2017 01:25 PM <br />Final Approval Date: 12/08/2017 <br />