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Community Development Director Gladhill stated that if that paragraph is of concern, the EDA <br /> could make a recommendation to correct that paragraph and staff would work with the City <br /> Attorney prior to this moving forward to the City Council. <br /> Chairperson Steffen stated that most likely that paragraph has remained in the contract for the <br /> past five years. <br /> Member Kuzma stated that CBRE has put a lot of work in during the past five years and there <br /> has been success with the growth of The COR. He attributed a lot of that success to what CBRE <br /> brings to the table. He stated that he will support extending the contract for an additional six <br /> months. <br /> Member Riley stated that a few years ago this got off to a slow start and the City perhaps paid <br /> commission on City generated sales. He noted that changes have been made over time to <br /> address that issue. He stated that the City should be willing to pay for services rendered when <br /> there is a need. He stated that selling land is a huge priority for him. He believed that this <br /> agreement meets all the needs of the City. <br /> Chairperson Steffen agreed that he also likes the split of CBRE handling COR properties and the <br /> City handling properties outside The COR. He noted that he believes the six-month contract <br /> provides flexibility. <br /> Motion by Member Kanaventi, seconded by Member Kuzma, to recommend to City Council to <br /> approve the draft contract dated May 2, 2019. <br /> Further discussion: Economic Development Manager Sullivan noted that he would ensure the <br /> contract language is changed to specify six months. Mr. Pankratz stated that the contract could <br /> be structured for six months or could be written that after six months the contract could be <br /> canceled with 30-day notice but could run through one year. Economic Development Manager <br /> Sullivan stated that he would recommend a six-month period. Member Riley asked if the <br /> paragraph 6 in question should be restructured. Economic Development Manager Sullivan noted <br /> that he could have the City Attorney review that language to ensure that the concerns were <br /> addressed relating to City generated leads. <br /> Motion by Member Riley, seconded by Member Kuzma, to amend the motion to recommend to <br /> City Council to approve the draft contract dated May 2, 2019, pending a review of the language <br /> related to exclusive clause 6, pending City Attorney review. <br /> Motion carried. Voting Yes: Chairperson Steffen, Members Riley, Kuzma, and Kanaventi. <br /> Voting No: Member Hardin. Absent: Members Berg and Burandt. <br /> 5. MEMBER/STAFF UPDATE <br /> Economic Development Manager Sullivan provided an update on a recent conference that he <br /> attended. He indicated he made many contacts with restaurant and retailers. He received positive <br /> feedback from retailers and restaurants he met with regarding the City marketing materials. <br /> Economic Development Authority/June 13, 2019 <br /> Page 6 of 7 <br />