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ARDEN HILLS CITY COUNCIL—February 20, 2007 <br /> In this option, the City would simply hire a real estate broker to market and sell the property to a • <br /> qualified purchaser. The City would have minimal control over future development of the <br /> property in this scenario. <br /> PROS: Minimizes staff time and city costs in disposing of the property. <br /> CONS: The purchaser would have the option to develop the property by going through the <br /> City's planning process, or may simply choose to hold the property in its current state, or even re- <br /> sell the property. <br /> Staff recognizes the importance of public involvement in the disposition and redevelopment of <br /> city-owned property and will ensure that regardless of what type of process is selected, public <br /> input will be a significant part of the development planning process. <br /> Councilmember Holden asked if the City owns any other property other then the old City Hall <br /> site. <br /> Councilmember Grant noted that the City does own other parcels of land that are used for storm <br /> water and park land. <br /> Community Development Director Karen Barton stated that the City Council can be very open or <br /> specific with the development requirements. A formal RFP process would require more staff <br /> time and public input. . <br /> Councilmember Holden suggested a hybrid of options #1 and#2. <br /> Councilmember McClung said that he prefers a form RFP process with zoning requirements,but <br /> he is not sure how defined the project specifications should be. <br /> Mayor Harpstead recommended that the City Council create an advisory panel to review the <br /> different proposals. <br /> Councilmember McClung suggested that the City create a selection process and criteria before <br /> requesting going out to market for proposals. <br /> Mayor Harpstead noted that this may be a good project for the EDC to review the process and <br /> procedures for the sale of City owned land and have City staff develop a pro-forma process. <br /> Councilmember Holmes asked if the property is still zoned residentialibusiness and if so could <br /> the property be developed as single family homes? <br /> Community Development Director Karen Barton stated that the City Council could designate <br /> whether the property is developed as residential or neighborhood business in the RFP process. <br /> City staff will work on developing a formal RFP/selection criterion for the old City Hall site. <br /> • <br /> 8 <br />