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Deputy City Administrator Gladhill encouraged the group to look at this on not only a real estate <br />investment but issue of blight. He stated that staff has spent a lot of time on code enforcement and <br />reviewing development applications that do not meet the zoning code. He understood that the <br />EDA has typically invested more in industrial, but retail sites are important as well. <br /> <br />Chairperson Steffen commented that parcel four is visible, on a corner and listed for sale today. <br />He asked if the property owner could sell that property without assistance from the City. <br /> <br />Economic Development Manager Sullivan commented that sewer and water is available at that <br />stie, but it is a small site from an individual owner which has challenges. He commented that <br />bringing sewer and water to that area will help to revitalize that area and bring forward additional <br />interest. <br /> <br />Deputy City Administrator Gladhill commented that this discussion has been helpful to frame the <br />case moving forward. He stated that additional information can be gathered based on the questions <br />asked to present this case again at the May meeting in more detail. <br /> <br />Chairperson Steffen confirmed the consensus of the EDA to continue this discussion at the May <br />meeting. <br /> <br />Deputy City Administrator Gladhill asked that members email additional questions they may have <br />in order for staff to build a more robust case for the next meeting. <br /> <br />Chairperson Steffen commented that it would seem that the infrastructure cost could have a higher <br />cost than acquisition. <br /> <br />5. MEMBER / STAFF UPDATE <br /> <br />Economic Development Manager Sullivan advised of the park dedication taking place tonight at <br />Central Park for the renaming of the park. <br /> <br />6. ADJOURNMENT <br /> <br />Motion by Member Cords, seconded by Chairperson Steffen, to adjourn the meeting. <br /> <br />Motion carried. Voting Yes: Chairperson Steffen, Members Cords, Howell, MacLennan, Olson, <br />and Riley. Voting No: None. Absent: Member Johnson. <br /> <br />The regular meeting of the Economic Development Authority adjourned at 9:13 a.m. <br /> <br />Respectfully submitted, <br /> <br /> <br />Sean Sullivan <br />Economic Development Authority/ April 8, 2021 <br />Page 11 of 12 <br /> <br />