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<br />CITY COUNCIL WORK SESSION <br />Topic Report: Highway #10 Leases <br />By: James E. Norman, City Administrator <br /> <br /> <br />Background: <br /> <br />During the City Council meeting of July II, City Council considered a purchase agreement <br />and loan agreement for the property located at 7751 Highway #10 NW, known as EZ Sales, <br />owned by Todd Bialon. City Council did not approve the purchase agreement and loan <br />agreement and asked questions regarding how the City staff and consultants arrived at lease <br />rates for properties being leased following a RALF funding acquisition and asked that it be <br />placed on the work session agenda as a topic. Staff has invited Marty Fischer of Premier <br />Properties and Jodi Ruehle of The Tinklenberg Group to discuss the EZ Sales lease, as well <br />as other leases along the Highway # 10 Corridor. <br /> <br />Action Statement: <br /> <br />Based upon discussion. <br /> <br />Reviewed by: <br /> <br />City Administrator <br /> <br />CCWS: <br /> <br />07/18/06 <br />