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City of Centerville <br /> Council Meeting Minutes <br /> January 13,2016 <br /> that the District would have available for the purchase of the property rather than proceeding <br /> with the eminent domain and removing the property from the tax base. <br /> Attorney Glaser stated that the court will issue an order and if that order allows for the eminent <br /> domain the property can never return to the tax base and is considered public land, tax exempt. <br /> Attorney Glaser stated that the process could happen quickly or just slightly under 90 days. <br /> Discussion ensued regarding the use of taxpayer money, eminent domain for a public purpose, <br /> future downtown redevelopment, importance of high visibility location, value of the property <br /> versus purchase price, District's ability to feel secure with the City. <br /> Mayor Wilharber stated that the item is purely information and no action was needed. <br /> 9. Official Letter of Termination of Purchase Agreement—Ruffridge Johnson <br /> Mr. Lou Suski, Gaughan Company, stated that the City has received official purchase agreement <br /> termination notice. Mr. Suski stated that the buyer of Ruffridge Johnson's existing Minneapolis <br /> buildings were unable to obtain financing and have terminated their purchase agreement. Mr. <br /> Suski also stated that as Council is aware their agreement was contingent upon the selling of <br /> their existing property. <br /> Mr. Suski also stated that Ruffridge Johnson has requested to enter discussions to reinstate the <br /> purchase agreement on mutually acceptable terms. Mr. Suski reported that he would not <br /> recommend tying the property up for a lengthy period of time(1 year, April, 2017) as others may <br /> be interested and he would be disappointed if another offer were to become available, however, <br /> if a guarantee and not refundable earnest money were involved Council may desire to consider. <br /> Discussion was had by Council regarding when the market would be becoming active again, <br /> shovel ready designation, election year and other driving factors to the market place such as <br /> stock market and gas prices. <br /> Motion by Council Member Kinn, seconded by Council Member Love to not renew the <br /> purchase agreement on mutually acceptable terms. All in favor. Motion carried. <br /> Mr. Suski reported that the market should be picking up again within the next few weeks. <br /> IX. NEW BUSINESS <br /> 1. Res. #16-OXX—2016 Fee Schedule <br /> Administrator Ericson stated that the presented 2016 Fee Schedule does not include fee increases <br /> except for a slight increase in water meter costs. <br /> Discussion ensued regarding selling of water meters to homeowners when the water meter <br /> remains with the home. Administrator Ericson stated that the water meter is contained in the <br /> Page 9 of 12 <br /> 9 <br />