2015-07-08 CC Packet - Laserfiche WebLink

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City of Centerville Council Meeting Minutes June 24,2015 (ALTA) survey and analysis of maximum building size which will produce financial commitment essential for construction. It was discussed that these key components would shorten four (4) to six (6)months off of development preparation and allow marketability to the properties. Mr. Lou Suski and Mr. Mike Brass also offered professional perspectives on economic development activities in Centerville. Mayor Wilharber closed the Work Session at 7:55 p.m. Mayor Wilharber opened the Closed Executive Session at 7:56 p.m. XII. CLOSED EXECUTIVE SESSION (Purchase Agreement/Litigation) 1. 2065 Commerce Drive Purchase Agreement Mr. Lou Suski, Gaughan Companies reported that he had met will several individuals regarding the potential sale of the above stated property. Administrator Ericson also reported that he and several members of staff had met with the same individuals. Subsequent to the meeting, a purchase agreement has been submitted to the City by Jon & Sophie Pederson (Tenant: Ruffridge Johnson Equipment Company, Inc.) to purchase the above stated property for the marketed/asking price of$950,000. This purchase agreement will be forwarded to Council at their next regularly scheduled meeting of July 8, 2015 for consideration. 2. Sheehy Companies Attorney Glaser gave a brief update of the status of the litigation. 3. Kelly Attorney Glaser gave a brief update of the status of the litigation. Mayor Wilharber closed the Closed Executive Session and opened the regularly scheduled meeting at 8:45 p.m. XIII. ADJOURNMENT Motion by Council Member Fehrenbacher, seconded by Council Member Paar to Adjourn the Reaularly Scheduled Council Meetine of June 10. 2015 at 8:46 a.m. AU in favor. Motion carried. Transcribed by City Staff Member Teresa Bender, City Clerk Page 4 of 4 53