11-03-2025 JDA Agenda Packet - Laserfiche WebLink

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Commissioner Weber stated the JDA was supposed to have a development agreement on August 7, 2024. He explained the development agreement was a year overdue and the purchase agreement was no where near being completed. He was of the opinion the clock has run out. Commissioner McGuire commented she believed Commissioner Weber had stated this well. Commissioner Jebens-Singh reported the collective development team that started at the beginning has shifted over time and even with the newest proposal, additional partners are being brought in and the JDA Advisory Committee does not have all of the details and vision from these partners. She indicated this gives her pause because she was questioning who would need to be around the table to negotiate the final terms. Commissioner Monson stated the intent was to have a development agreement by June 30, 2025. She commented if a purchase and sale agreement could be reached in 60 days and the complexities could be worked through after that time could be convincing enough to provide an extension. She reported if an extension was to be considered she would need very clear milestones in place. Chair Wicklund explained he has history with this project as he was involved in 2017 and 2018. He understood this was a very complicated project and he heard that the JDA was not confident the current timeline could be achieved. He indicated he also heard the JDA was very supportive of moving the project forward and the group appreciated the efforts that have been made in the past five to six weeks. He stated the ramifications of not approving the extension were significant. He commented this had him leaning in the same manner as Commissioner Monson where an extension for a short amount of time with an objective was something he could support. He indicated he could not support an extension for another year, but if there were elements to move the project forward he could support this. Commissioner Jebens-Singh asked what the specific requirements would be, if an extension were to be considered. Chair Wicklund stated he would recommend the specific requirements be determined by the JDA Advisory Committee members. Commissioner Jebens-Singh commented in her opinion activity does not necessarily mean productivity. She indicated one of her frustrations with the progress was that the requests for information were only being met with some of the information or hints to it is coming. She believed that if the extension were granted, the JDA would just be buying another 60 days of the same. Commissioner McGuire stated she was feeling much the same. While she appreciated the fact there has been activity, she did not believe all of the necessary actions could be taken in 60