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potential uses; however, they would have to list out every use they would not want to see in this <br /> area. <br /> Councilmember Stewart said that even though the space will be small, there would still be room <br /> for a restaurant. <br /> Councilmember Olson asked if the restrictive deed is something that could come from the City or <br /> the property owner. <br /> Economic Development Manager Sullivan said it would come from the City when they would <br /> deed the property to the property owner. He shared that they have looked at the City keeping this <br /> land; however, the thought process is that the bank will be putting in all of the infrastructure for <br /> access to the site and the City would not spend any money on the infrastructure. <br /> Councilmember Riley noted that having a restrictive deed would give the City some more control <br /> over what the retail space on the property would be; however, that is not his preference. <br /> Economic Development Manager Sullivan asked if the City would be able to retain the smaller lot <br /> that would be used for retail space. <br /> Planning Manager Larson said they would just have to find some kind of business that could fit <br /> within the space as there are no minimum lot sizes in the COR. <br /> Mr. Suchy stated they would prefer for the City to keep the smaller lot as they are not in the <br /> development businesses and would not want to worry about the smaller lot. <br /> Councilmember Buscher asked Mr. Suchy if there is any kind of establishment they would not <br /> want next to the bank. <br /> Mr. Suchy shared that any kind of restaurant would be ideal in this space and there are not any <br /> types of establishments he would not like to see. <br /> The consensus of the Council was to direct Staff to continue to work with CorTrust Bank to work <br /> through the land use application process and replatting the land for the City to retain the smaller <br /> parcel. <br /> City Council Work Session /January 14, 2025 <br /> Page 3 of 3 <br />