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erv^"" 1880 Wain Street, Cenremiffe, WX55039 <br />r�x�3 ,�• iQ y'��'�J" 651-429-32.32or'Twc,,651-429-8629 <br />Memorandum <br />Date: August 28, 2019 <br />To: Mayor and City Council Members <br />Through: Mark Statz, PE — EDA Executive Director <br />From: Bruce DeJong, EDA Assistant Treasurer <br />Item: Transfer of Property to Economic Development Authority (EDA) <br />The purpose of this memo is to highlight the properties that are proposed to be passed to <br />EDA. The EDA is actively marketing business development opportunities throughout the <br />community. This takes the form of encouragement of new businesses, relocation of <br />existing businesses to Centerville, and investment in improving businesses that currently <br />exist. <br />Property History <br />The properties to the northwest of Main Street and Centerville Road are remnant parcels <br />purchased from Anoka County after the improvements to Main Street (County Road 14). <br />These parcels are relatively modest in size, but with all four taken together, offers a <br />unique opportunity for a business seeking maximum visibility in downtown Centerville. <br />The properties to the northeast of Main Street and Progress Road are the former Steffel <br />Insurance building. The city acquired those parcels in order to clear up hazardous <br />materials on site and create a clear lot for a business seeking good visibility and location <br />in downtown Centerville. <br />Staff Recommendation <br />It is the recommendation of the EDA Executive Director and Assistant Treasurer that the <br />City Council transfer authority to market the following properties to the EDA. <br />• Northwest Corner of Main Street and Centerville Road <br />0 23-31-22-22-0005 <br />1691 MAIN ST <br />0 23-31-22-22-0004 <br />1695 MAIN ST <br />0 23-31-22-22-0011 <br />Unassigned Address <br />0 23-31-22-22-0010 <br />Unassigned Address <br />0 23-31-22-22-0009 <br />Unassigned Address <br />