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N/A <br />Recommendation: <br />The EDA met on May 14, 2026 and passed a motion unanimously to support adoption of the items in Resolution <br />#26-127 Approving Purchase Agreement, Right of Re -Entry Agreement and Sale of City Property to LH Road, <br />LLC (as presented); subject to City Attorney review. A copy of the draft excerpt from the May 14, 2026 EDA <br />minutes is attached for reference. <br />Outcome/Action: <br />Motion to Adopt Resolution #26-127 Approving Purchase Agreement, Right of Re -Entry Agreement and Sale of <br />City Property to LH Road, LLC (as presented); subject to City Attorney review <br />Attachments <br />Site Location Map - LH Road - RLS 251 <br />ACTION - Resolution #26-127 <br />ACTION - Purchase Agreement LH Road <br />ACTION - Right of Re -Entry Agreement LH Road <br />Reference- Term Sheet <br />Cost Estimate for Site Preparation <br />Letter of Support from Zoubek Investments <br />Form Review <br />Inbox Reviewed By Date <br />Brian Hagen Brian Hagen 05/21/2026 12:08 PM <br />Form Started By: Sean Sullivan Started On: 05/14/2026 10:19 AM <br />Final Approval Date: 05/21/2026 <br />