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Motion carried. Voting Yes: Mayor LeTourneau, Councilmembers Heinrich, Kuzma, <br /> Musgrove, and Riley. Voting No: None. <br /> 7.07: Adopt Resolution #19-160 Approving Extension to the Commercial Real Estate <br /> Brokerage Services with CBRE <br /> Community Development Director Gladhill reviewed the staff report and recommendation to <br /> adopt Resolution #19-160 approving extension to the Commercial Real Estate Brokerage <br /> Services with CBRE. He noted that the EDA reviewed the proposed terms and conditions and <br /> recommends approval. <br /> Councilmember Heinrich asked for additional information on the listing options available <br /> through Anoka County and who would be responsible for placing a real estate sign if CBRE is <br /> not used. <br /> Community Development Director Gladhill stated that Anoka County has hired a staff person to <br /> help promote Anoka County as a good place to do business and is offering assistance with listing <br /> commercial properties. He stated that staff would need to work with Anoka County staff to list <br /> those properties. He stated that if CBRE is not used, signs would need to be placed with the <br /> contact information listed as City staff. He stated that option could be reviewed after six months <br /> but did not feel that this is the right time to push all of those sales duties onto Economic <br /> Development Manager Sullivan. <br /> Councilmember Riley stated that the EDA discussed this topic and highlighted some of the top <br /> discussion points that were made. He stated that the EDA did recommend approval to continue <br /> with CBRE. He explained that the City has a lot of land and still needs a real estate expert to <br /> assist in that process. <br /> Motion by Councilmember Riley, seconded by Councilmember Kuzma, to Adopt Resolution <br /> #19-160 Approving an Extension to the Commercial Real Estate Brokerage Services with <br /> CBRE. <br /> Further discussion: Councilmember Musgrove asked if this would be a six-month contract. <br /> Community Development Director confirmed that this would be a six-month contract that could <br /> be canceled at any time with a 30-day notice. Councilmember Kuzma stated that the City has <br /> been working with CBRE for the past four years and has done a lot of hard work during that time <br /> to assist in building out The COR. He stated that Ramsey is at the point of gaining additional <br /> opportunities and CBRE has a national reach with their contacts, which will bring forward <br /> additional options. <br /> Motion carried. Voting Yes: Mayor LeTourneau, Councilmembers Riley, Kuzma, Heinrich, and <br /> Musgrove. Voting No: None. <br /> 7.08: Authorize Local Road Funding Study <br /> City Council/July 9,2019 <br /> Page 11 of 13 <br />