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EDC staff: contracts ready for previously approved property sales; board plans January workshop
Summary
Board members asked for status updates on two properties previously approved for sale to the city; staff said contracts are ready and the item will be prepared as a resolution to the board and forwarded to city council. Members also discussed scheduling a January workshop and requested regular financials for meetings.
Committee member (S3) asked about two properties the board previously approved to sell to the city — a parking lot on Cedar and a second parcel — and requested a status update. Staff (S6) said the contracts are ready and the matter will be prepared as a resolution for the board to approve and then taken to the city council.
Members discussed scheduling a workshop in January to begin the new year and asked staff to provide budget-versus-action materials at least for the next meeting so board members can review financials alongside decisions. Staff agreed to coordinate dates and provide requested materials.
