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Associate Planner Wald indicated ChairmanBell from the Metropolitan Council has been secured to speak at the March Business Network Meeting. The meeting is scheduled for March 8th at 7:30 a.m. at The Links. She Would like to d0'a lot of promotion of the meeting and has received a list from Pete Turok from the An6ka Chamber of Business that can be used. Member Elvig has suggested information about the meetingbe run in the Anoka newspaper. She inquired if the business community will neod to be inform6d about Chairman Bell's position and requested input on getting out the promotional pieces. The EDA discussed the structure and the prOmotion of the meeting and determined the following: · A postcard should be distributed in the next two weeks to inform participants that Chairman Bell has been confirmed ahd to Save the date. · A bio should be put together on ChairmanBell for distribution with the promotional information that will be distributed in February. · EDA members will contactparti¢ipants about the meeting after the promotional infbrmation has been distributed.: · The meeting will remain as a breakfast; rather than a luncheon. · A power point update will be presented during breakfast, prior to Chairman Bell's presentation. · The following sources will be used to promote the meeting: The Business Connection, The Anoka newspaper, An0ka Chamber of Business, Elk River Chamber of Business, and the Metro North Chamber of Business. Associate Planner Wald indicated the powerpoint presentation will be brought to the March EDA meeting for input from the EDA. Economic Development/TIF Specialist Sullivan reported the EDA redevelopment signs are complete and have been placed on the Spolul iental site, the former Cox property, and the Bakestar and Martin property. Economic Development/TIF Specialist SulliVan rePorted the following on EDA projects: · Negotiations have re-opened with B & A Cylinder. In his opinion the number the owner came out with initially was: quite high. The negotiations have been reopened on the owner's part. · Staff is in contact with the owner of the Debee property and is beginning negotiations to purchase the property. He Will be meeting with the owner tonight, and they seem very interested in selling. · An offer of $225,000 will be submitted on the Amoco property, contingent on Council approval. If purchased, this property! will be demolished and redeveloped. He explained the sale price being offered by BP is under the tax-assessed value. It is the opinion of the City Attorney that an appraisal does not need to be completed since the offer is lower than the tax-assessed value2. Thetett6r of intent will state that environmental testing will be done and the offer could change. ' Economic DeVelopmentAuthority/January 12, 2005 page3 of 9