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Economic Development Manager Sullivan acknowledged that it was difficult to market the COR <br />during the Highway 10 project, but that is now completed, and it is anticipated that the <br />transportation numbers and traffic counts will increase. He commented that CBRE does a great <br />job updating marketing materials with the updated traffic numbers when they become available. <br />Chairperson Wiyninger asked if there are properties the City is listing that Mr Pankratz believed <br />would be better served by CBRE. <br />Mr. Pankratz stated that although he would always accept another listing, he is already working <br />collaboratively with staff. He noted that they began with 25 t0 listings and are now down to <br />less than five, which shows great success. <br />Economic Development Manager Sullivan comment Pankratz and CBRE have been <br />great to work with and are always very responsi e sta that CBRE is not needed for <br />assistance with housing sites as the City continu ceive interest for that type of development. <br />He stated that there is no change in the properti , at will continue to be listed by the City and <br />through CBRE. He recommended approval of the listing agreement as presented. <br />Motion by Member Johnson, seconded by Membe <br />approval of the Listing Agreement4with <br />presented. <br />Further discussion: Memb- Lindahl co <br />Mr. Pankratz work for ' empany, <br />Motion carried. Voti <br />Stewart. Voting No: <br />'recommend t <br />Council that <br />RE from February 2, 2026, to January 31, 2027, as <br />e will 4latain from this vote as she and <br />t di ions. <br />son Wiyninger, Member ohnson, Karpen, Riley, and <br />Member Dauer. Abstained: Member Lindahl. <br />4.02: 2026 Business Network Breakfast Summai and Approval of 2027 Business Network <br />O Meeting Budget <br />Economic Development Ma r Sul resented the staff report. <br />Chairperson Wiger stated tha 'f five percent or less are complaining, that means you are doing <br />well. He thanked the staff for t continued efforts in making this a great event. <br />Member Stewart stated t perhaps the doors could open at 7:30 a.m. and that could be advertised, <br />allowing 30 minutes for ne orking. <br />Chairperson Wiyninger agreed that it could be marketed that networking begins at 7:30 a.m. and <br />the program begins at 8 a.m. <br />Member Stewart suggested advertising breakfast to begin at 7:45 a.m., which would allow time <br />for people to settle prior to the program beginning. <br />Economic Development Authority/ February 12, 2026 <br />Page 3 of 6 <br />