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<br />, <br />. <br /> A.rden Hills Council 10 October 13, 1992 <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 /> Councilmember Hicks stated that if it is decided that the <br /> parcel in question is to be sold, ir. fairness to the <br /> community, 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 /> Mayor Sather took the position that if the interested party <br /> is will ing 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 /> 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 /> Councilmember Hicks explained that he is not advocating the <br /> usual real estate listing type or advertisement, but would <br /> be comfortable with a notice in the newspaper that the <br /> property Ls being offered for sale. Councilmember Malone <br /> concurred. <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 /> Counci I direction to staff ~,..;ras to 1 ) Begin investigating the <br /> City's acquisition of the property in question to make a <br />. determination as to '"hether the property can be sold, 2 ) <br /> Begin ini ti al negotiations with the interested party, and 3) <br /> Publish a notice in the newspaper that the property is bei::.g <br /> considered for sale and interested parties are to contact <br /> the City. <br /> ---------- <br />