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<br />L <br /> <br /> <br /> <br /> <br /> <br />. <br /> <br />Arden Hills Council 10 October 13, 1992 <br /> <br />the property was obtained by the City to determine if it was <br />obtained with conditions restricting the use of the <br />property. He added that it may also be prudent to <br />investigate conditions placed on adjacent properties to <br />ascertain if those conditions may be affected by sale of the <br />parcel in question. <br /> <br />Councilmember Hicks stated that if it is decided that the <br />parcel in question is to be sold, in fairness to the <br />corrmunity, he would prefer advertising the property to the <br />public to give all interested buyers an opportunity to <br />submit bids on the property. Councilmember Malone <br />concurred. <br /> <br />Mayor Sather took the position that if the interested party <br />is willing to pay a reasonable price for the parcel, the <br />City should proceed with negotiation because, since the <br />interested party is a developer, it is reasonable that his <br />intended use of the property would be contiguous with <br />existing development of the area. He reminded Council that <br />from the standpoint of the developer, time is of the essence <br />because of impending inclement weather. Councilmembers . <br />Mahowald and Growe echoed Mayor Sather's position. <br /> <br />Administrator Person stated that the 1991 appraisal was <br />$26,000. Councilmember Mahowald questioned whether there <br />would likely be any other interested buyers for this <br />property. <br /> <br />Councilmember Hicks explained that he is not advocating the <br />usual real estate listing type of advertisement, but would <br />be comfortable with a notice in the newspaper that the <br />property is being offered for sale. Councilmember Malone <br />concurred. <br /> <br />Administrator Person cautioned that staff is not normally <br />involved in real estate negotiating so she preferred a <br />closed bid process if staff is to be involved in the <br />process. She reminded Council that the interested buyer is <br />planning to appear before Planning Commission in November <br />regarding his proposed use of the property. Attorney Filla <br />forewarned that if there is any abstract update work or <br />rezoning required, those processes do take some time. <br /> <br />Council direction to staff was to 1) Begin investigating the <br />City's acquisition of the property in question to make a <br />determination as to whether the property can be sold, 2) . " <br />Begin initial negotiations with the interested party, and 3) .. <br />Publish a notice in the newspaper that the property is being <br />considered for sale and interested parties are to contact <br />the City. ~ <br /> <br />;: <br />.. <br />I: <br />'l <br />: <br />,', <br />