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