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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 />