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Member Elvig suggested the motion also include the following statement: "... and direct staff to <br />identify findings as to priorities of the properties for purchase." <br /> <br />Chairperson Riley noted the following issues could relate to the prioritization of properties: <br />blight, need, visibility, and ease of purchase. He suggested tools such as TIF financing, general <br />funds, and bonds be considered in the purchase of the properties, in addition to eminent domain. <br /> <br />Motion by Member LeToumeau, seconded by Member Kiefer, to recommend to the City <br />Council that the attached properties be acquired or redeveloper, to begin negotiations <br />immediately, and to consider the use of eminent domain powers if appropriate, and that the EDA <br />continue the process to identify additional properties for acquisition and prioritization. <br /> <br />Voting Yes: Chairperson Riley, Members LeToumeau, Kiefer, Elvig, and Gromberg. Voting <br />No: None. Absent: Members Jeffrey, Steffen, and Strommen. <br /> <br />Further discussion: The Board discussed the area adjacent to Town Center. Member Elvig <br />explained the City has tried to hold big box out of Town Center as long as possible, with <br />building being inward and upward, and Town Center being pedestrian friendly and transportation <br />oriented. Big developers have found that the City might be interested in big box someday, and <br />have determined they might wait to develop until that time. There are discussions now of <br />whether the City should entertain big box and bring that as part of the component to the entire <br />Town Center process. He explained ifa big box were to be interested in locating in Town Center <br />the City might consider it if the building were to be upward. The concept for big box would be <br />outside of the Town Center borders at this time. <br /> <br />Case #4: Staff Update <br /> <br />The EDA reviewed the Staff Update. Member Gromberg suggested the future meeting topic of <br />Business Appreciation Day include a discussion of the event being limited to less than 165 <br />players. <br /> <br />MEMBER INPUT <br /> <br />None. <br /> <br />ADJOURN <br /> <br />Motion by Member LeTourneau, seconded by Member Gromberg, to adjourn the meeting. <br /> <br />Motion carried. Voting Yes: Chairperson Riley, Members LeTourneau, Gromberg, Elvig, and <br />Kiefer. Voting No: None. Absent: Members Jeffrey, Steffen, and Strommen. <br /> <br />The regular meeting of the Economic Development Authority adjourned at 8:46 a.m. <br /> <br />Respectfully submitted, <br /> <br />Economic Development Authority / February 8, 2006 <br /> Page 7 of 8 <br /> 7 <br /> <br /> <br />