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Agenda - Economic Development Authority - 01/14/2001 - Memo
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Agenda - Economic Development Authority - 01/14/2001 - Memo
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Title
Memo
Document Date
01/14/2001
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<br /> <br /> <br /> <br /> <br />Southeast Highway #10 Frontage Project: <br /> <br />The southeast Highway #10 frontage project consists of the Dickenson, Peterson, and Lano Equipment properties. Staff met with Brad Lano, owner of Lano Equipment, regarding Lano Equipment’s <br /> intentions for future development on their parcel. Mr. Lano was receptive to the idea of redeveloping the subject area and stated a willingness to work with the City on a comprehensive <br /> redevelopment plan for the project area. Staff is in the process of calculating potential TIF assistance for Lano Equipment based on future expansion plans provided to Staff by Mr. <br /> Lano. <br /> <br />At the November EDA meeting, Staff was directed to make initial contact with Mr. Peterson regarding the sale of his property. Staff met with Bob Carlson of Premier Commercial Properties <br /> on January 10, 2001 to discuss the land price for the Peterson property. Mr. Peterson is asking a considerable amount for the 2.4 acre parcel. Mr. Carlson will be contacting his client <br /> regarding the possibility of the City purchasing the property and what price could be negotiated. Staff may have further information to report at the EDA meeting. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />EDA: 1.14.02 <br /> <br />Review Checklist: <br /> <br />City Administrator, Jim Norman <br />TIF Specialist, Sean Sullivan <br />Community Development Director <br /> <br /> <br /> <br /> <br /> <br /> <br />
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