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Economic Development Authority (EDA) Meeting Date: 06/14/2018 By: Tim Gladhill, Community Development 4. 7. Title: Update and Discussion regarding NW COR Development Concepts Purpose/Background: On May 23, 2018, the City Council held a joint work session with the Economic Development Authority and the Planning Commission to discuss pending development proposals for the western portion of the COR and the alignment of the proposals with the current interim plan and vision for the area. City staff is seeking guidance from Council on how to proceed with current ongoing negotiations with potential property purchasers, given that no clear concensus was reached at the May 23 work session in regard to the medium-sized grocer proposal. It was clear that alternative sites might be more acceptable to some work session participants, and therefore, options are currently being explored with the project developer to consider other sites (as was discussed), but no feedback from the developer has yet been received. Staff is seeking direction on the viability of the current proposed site, if there are no other viable alternatives for the developer. Regardless of the site selected, the project is required to proceed through normal Council, EDA, and Planning Commission review and approval. Notification: Notification is not required. Observations/Alternatives: City staff will provide an update t o the EDA in regard to the developer's current position on alternative locations, and any Council feedback from their June 12 work session in regard to the project. Funding Source: This case is being handled as part of normal Staff duties. Recommendation: For discussion only. Action: No action is being request. For discussion only. Attachments Mav 23 Work Session Case DRAFT Mav 23 Work Session Minutes Form Review Inbox Reviewed By Date Tim Gladhill (Originator) Tim Gladhill 06/08/2018 10:30 AM Kurt Ulrich Kurt Ulrich 06/08/2018 01:57 PM Form Started By: Tim Gladhill Started On: 06/08/2018 09:40 AM