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Amendment Carried. Voting Yes: Mayor Gamec, Councilmembers Zimmerman, <br />Hendriksen and Anderson. Voting No: None. <br /> <br />Motion carried. Voting Yes: Mayor Gamec, Councilmembers Zimmerman, Hendriksen <br />and Anderson. Voting No: None. <br /> <br />Case #6A: <br /> <br />Request for Authorization for Execution of a Development Agreement <br />with ParaBody/LifeFitness <br /> <br />City Administrator Norman stated that ParaBody/LifeFitness has requested additional <br />assistance from the City through TIF. The Economic Development Authority has <br />discussed this request at length. Concerns were mentioned relating to salary and good <br />paying jobs. ParaBody/LifeFitness has projected 100 additional jobs at the end of two <br />years in excess of $10 per hour and 25 additional jobs at the end of a four year period. <br />Mr. Norman noted that the City Attorney will be reviewing all language for the <br />Development Agreement. <br /> <br />Motion by Mayor Gamec and seconded by Councilmember Zimmerman to authorize <br />execution of the TIF development agreement with ParaBody, dba as LifeFitness, a <br />division of Brunswick Corporation, contingent upon completion of specific contract <br />language by the City Attorney. <br /> <br />Motion carried. Voting Yes: Mayor Gamec, Councilmembers Zimmerman, Anderson <br />and Hendriksen. Voting No: None. <br /> <br />Representatives of ParaBody and LifeFitness were present and gave some background <br />information on their companies and this project. <br /> <br />Case #6A: Introduce Ordinance Authorizing the Sale of City-Owned Property <br /> <br />City Attorney Goodrich stated that the property, which the City intends to convey to <br />LifeFitness/ParaBody/Brunswick Corporation, is currently platted as Lot 3, Block 1, <br />GATEWAY NORTH INDUSTRIAL PARK PLAT 4. Pursuant to City Charter, prior to <br />sale of any City property, an ordinance must be passed by the City Council authorizing <br />such a sale. Therefore, attached is a proposed ordinance authorizing the sale. <br /> <br />Motion by Mayor Gamec and seconded by Councilmember Anderson to introduce the <br />ordinance authorizing the sale of Lot 3, Block 1, GATEWAY NORTH INDUSTRIAL <br />PARK PLAT 4. <br /> <br />Further discussion: Attorney Goodrich noted that this property is being replatted so it <br />will have a different legal description. <br /> <br />Motion carried. Voting Yes: Mayor Gamec, Councilmembers Anderson, Hendriksen <br />and Zimmerman. Voting No: None. <br /> <br />City Council/April 27, 1999 <br /> Page 13 of 25 <br /> <br /> <br />