HomeMy WebLinkAboutJuly 6, 1992MINUTES OF THE ECONOMIC DEVELOPMENT AUTHORITY
July 6, 1992
The Economic Development Authority meeting was called to order by
President White at 7:35 p.m. Members present were: Arnold,
Barsness, Andren, Fitzgerald, Kedrowski and Scott. City Manager
Unmacht presented two items for the Authority to consider:
®
Consider Addendum to Option to Purchase Real Estate
Agreement with the Adelmann Conservatorship.
·
Consider the Adoption of a Notice to Exercise Option to
Purchase Real Estate .
Unmacht explained the agenda items under consideration and
summarized details of the workshop held prior to the Council
meeting (5:30 to 7:00 p.m.) Unmacht stated that workshop topics
consisted of a report on the informational meeting with the
property owners, details of the grant research, status of the
Development District Plan, a report from Barsness and Fitzgerald
(negotiators on the status of the land acquisition) and extensive
details on the platting, engineering and financing of the
property.
President White expressed appreciation and gratitude to Bob
Barsness and John Fitzgerald for their successful negotiating
efforts, Authority members concurred. John Fitzgerald and Bob
Barsness noted that the project had been a team effort and
commended staff for their assistance. Discussion occurred on the
reported action.
MOTION MADE BY KEDROWSKI, SECONDED BY ARNOLD, TO ADOPT THE
ADDENDUM TO THE OPTION TO PURCHASE REAL ESTATE AGREEMENT WITH THE
ADELMANN CONSERVATORSHIP.
Upon a vote taken, ayes by Andren, Arnold, Barsness, Fitzgerald,
Kedrowski, Scott and White, the motion passed unanimously.
MOTION MADE BY ANDREN, SECONDED BY KEDROWSKI, TO APPROVE THE
ADOPTION OF NOTICE TO EXERCISE THE OPTION TO PURCHASE REAL
ESTATE.
Upon a vote taken, ayes by Andren, Arnold, Barsness, Fitzgerald,
Kedrowski, Scott and White, the motion passed unanimously.
The Economic Development Authority meeting was adjourned by
general consent at 7:55 p.m.
Recording Secretary
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