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Chairperson Steffen states that there seems to be a trend this morning with existing businesses doing well and wanting more space. He asked if the public works facility would be dependent on these proceeds. Member Riley stated that the space needed for the public works facility has been determined and therefore this land is available. He stated that although the proceeds could be put towards the public works facility, the facility is not dependent on the sale of this land. Member Hardin referenced the Purchase Agreement and noted that CBRE is listed on the PA. Economic Development Manager Sullivan stated that would be amended to remove CBRE. He noted that CBRE lists most other sites in the City but this site was not one of those. Chairperson Steffen noted that this request does not include a business subsidy request. Motion by Member Hardin, seconded by Member Kanaventi, to recommend to City Council to approve the Purchase Agreement with Knoll Properties, LLC, contingent upon final review and amendments from the City Attorney. Motion carried. Voting Yes: Chairperson Steffen, Members Hardin, Kanaventi, Berg, Burandt, Kuzma, and Riley. Voting No: None. Absent: None. 4.05: Review Concept Plan for Zeolite/Bunker Townhomes; Case of Lennar City Planner McGuire Brigl presented the staff report. The EDA is asked to provide the applicant with high-level feedback on the use and whether or not to move forward with an official application and request for a Purchase Agreement. The Planning Commission was supportive of this development north of Sunwood Drive as presented, but was not supportive of medium density/townhomes south of Sunwood Drive. Chairperson Steffen asked if the applicant was open to decreasing the size of the project in response to the Planning Commission comments. City Planner McGuire Brigl confirmed that based on Planning Commission comments, the townhomes south of Sunwood Drive were removed from the revised concept plan by Lennar that was reviewed with staff this week. Member Riley stated that he was happy to see the change on the plan. He noted that it is rare that residents want to see more residential properties in The COR; they are asking for more restaurants and retail. He agreed that the original concept would not have matched well with the resident desires and City vision for the area but believes that this concept is a better fit. Member Kuzma stated that this parcel of land seems to be low and at one point there was mention of a fair amount of fill that would be needed. Economic Development Authority/ April 11, 2019 Page 6 of 12