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4.01: Consider Recommendation of Approval of Purchase Agreement and Right of Re- <br /> Entry Agreement for Part of Outlot D, Waterfront Village: Case of Capital Real <br /> Estate,Inc. <br /> Economic Development Manager Sullivan presented the staff report. <br /> Chairperson Wiyninger invited the applicant to speak. <br /> Rick Hauser, Capital Real Estate, commented that since the last meeting, he has been working to <br /> secure the tenant lineup for this location and they do have several tenants in the LOI phase. He <br /> stated that they have Taco Bell, Starbucks, and Chipotle all in negotiations. <br /> Chairperson Wiyninger stated that he visited some of the developer's other locations and <br /> commented that they are clean and easy to get in and out of. <br /> Member Stewart asked for details on the type of signage. <br /> Mr. Hauser stated that they would envision a tall monument sign with a brick base and sides, with <br /> panels for each of the three tenants. He commented that they could put some type of City branding <br /> on the top of the sign as well. <br /> Motion by Member Stewart, seconded by Member Lindahl, to recommend to City Council to <br /> Approve Purchase Agreement and Right of Re-Entry Agreement with Capital Real Estate, Inc., <br /> subject to City Attorney review. <br /> Motion carried. Voting Yes: Chairperson Wiyninger, Members Stewart, Lindahl, Howell, and <br /> MacLennan. Voting No: None. Absent: Members Johnson and Riley. <br /> 4.02: Receive New Community Profile and One Page Brochure <br /> Economic Development Manager Sullivan presented the staff report. <br /> Member Stewart asked for and received clarification on how the different documents would be <br /> used. <br /> Chairperson Wiyninger stated that he would like the history to be ordered the same way, noting <br /> one section that starts from the past and moves forward while another starts from now and moves <br /> backward. He appreciates the concise approach and intentionality of staff when developing these <br /> documents. <br /> Member Stewart commented that she would be unsure which side of the one-page brochure is the <br /> front and suggested changing the logo or doing something different to identify the front page. <br /> Member Howell suggested using different photos on the one-page brochure. <br /> Economic Development Authority/December 12, 2024 <br /> Page 2 of 4 <br />