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<br />6030 Bunker Lake Boulevard NW: The sale of Zero-Zone is complete and negotiations have <br />resumed. City Council approved the sale of the expansion property to Zero-Zone for $440,000. <br />Staff is working with the City Attorney to have a purchase agreement drawn up and to set a <br />closing date sometime in October. <br /> <br />14280 Sunfish Lake Blvd NW: Riverside Manufacturing - Site plan and Business Subsidy was <br />approved on April 25th, 2006. Construction has commenced and should be substantially <br />completed in December 2006. <br /> <br />5175 142nd Avenue NW: Staff met with an insurance company that has interest in construction a <br />5-10,000 Square foot building. Staff is also awaiting a proposal that would have a 2 story office <br />building constructed on the site. More information to come... <br /> <br />14050 Basalt Street: Demolition commenced on the building on May 4th, 2006. The majority of <br />the building has been demolished and the next phase of site clean-up will go out for bid later this <br />month. Staff will continue to work with Ace Solid Waste to develop the site. <br /> <br />14230 Basalt 8t NW: Dave Perkins Contracting should be fully moved into their new facility by <br />November 2006. <br /> <br />Miscellaneous <br /> <br />Ramsey Crossings: Nothing new to report. <br /> <br />Additional Parcels Identified for Acquisition: Nothing new to report. <br /> <br />Lot 1. Block 2. Sunfish Lake Business Park 2nd Addition: The soil compaction is complete on <br />this site and it is now ready to be marketed for development. The soil used for the compaction is <br />now being removed and should be complete prior to Winter. The site is approximately 3 acres <br />and there have been some inquiries already. A Ramsey based company I interested in <br />purchasing the site for future expansion (See attached letter). <br /> <br />Future Meeting Topics: <br />1. Land Acquisition <br />2. Marketing Properties <br /> <br />The EDAM Third Thursday Event for November is attached. <br /> <br />11 <br />