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Motion by Councilmember Riley, seconded by Councilmember Kuzma, to Adopt Resolution <br /> #19-094 Approving Purchase Agreement for North 9.3 Acres of Lot 1, Block 1, Bury and <br /> Carlson Addition; Case of Knoll Properties, LLC; subject to City Attorney review and approval. <br /> Motion carried. Voting Yes: Mayor LeTourneau, Councilmembers Riley, Kuzma, Heinrich, <br /> Musgrove, and Shryock. Voting No: None. <br /> 7.04: Adopt Resolution #19-093 Approving Revised Purchase Agreements for Land <br /> Exchange Related to COR Infiltration Pond Project; Case of PSD LLC (Previously <br /> Item 7.02) <br /> Economic Development Manager Sullivan reviewed the staff report and recommendation to <br /> adopt Resolution #19-093 approving the revised purchase agreement for land exchange; Case of <br /> PSD LLC, subject to review by the City Attorney as to legal form. He noted that the Planning <br /> Commission has reviewed a concept site layout and is generally comfortable moving forward <br /> with official site plan review. <br /> Councilmember Musgrove referenced the 18-month term for building and asked if that is the <br /> standard or a deviation from the standard building requirement. <br /> Economic Development Manager Sullivan stated that from a retail nature, it can take longer to <br /> obtain tenants. Other similar Purchase Agreements for retail have included 18 months. He noted <br /> that the applicant plans to move ahead with construction this year. <br /> Motion by Councilmember Kuzma, seconded by Councilmember Riley, to Adopt Resolution <br /> #19-093 Approving Amendment to Purchase Agreements for Land Exchange; Case of PSD <br /> LLC; subject to City Attorney approval. <br /> Motion carried. Voting Yes: Mayor LeTourneau, Councilmembers Kuzma, Riley, Heinrich, <br /> Musgrove, and Shryock. Voting No:None. <br /> 7.05: Pearson Park Construction Development Update — and Authorize a 5% Project <br /> Budget Extension <br /> Parks and Assistant Public Works Superintendent Riverblood reviewed the staff report and <br /> recommendation to approve the budget increase by $13,765 for Pearson Park's construction. <br /> Councilmember Heinrich stated that this sounds like an exciting project for the City and the <br /> children of the community. She stated that she likes the idea of natural elements for the sign. <br /> She asked for details on the previous sign plans. She referenced signage used in other City parks <br /> and stated that she tends to lean towards the Elmcrest sign as that has weathered better over time. <br /> Park and Assistant Public Works Superintendent Riverblood stated that originally there was not a <br /> sign proposed for the initial development and was instead proposing a promotional brochure. He <br /> noted that the sign panels would be UV resistant. He stated that the capital improvement budget <br /> has a monument sign proposed for both Elmcrest and The Draw. <br /> City Council/April 23,2019 <br /> Page 8of12 <br />