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<br />city Council 2007-02-07, 6:30 p.m. <br />Minutes of Work Session <br /> <br /> <br />~~~ <br />ppC~ <br />r. i'~: 11 l " <br /> <br />Present were Mayor Mary Capra, Council members Michelle Lakso, Jeff PaaT, Linda <br />Broussard and Tom Lee. Also present were City Attorney Kurt Glaser, Attorney Bob <br />Deike, Jerry Shannon ofEblers Associates, Ron Mebl of Beard Group and Administrator <br />Dallas Larson. <br /> <br />FinAftCA! Director, John Meyer updated the Council on the financial aspects of the <br />redevelopment and potential tax increment financing need. Ron MehI reported that <br />Beard Group is still very enthusiastic to move forward with the project and would like to . <br />get the development agreement signed as soon as poss1ole. The Council disalqet) the <br />project phamng and the potential to use eminent domain if the developer is not successful <br />in acquiring all of the properties. Use of eminent domain is limited to where the City will <br />remain the property owner, such as for public parking lots and street right-of-way. Bob <br />Deike who is ,Himng the City Attorney in the transaction, indicated that he will redraft <br />the development agreement on behalf of the City. The Council expressed concerns that <br />the development of phase one should not move forward UDlil all properties in that phase <br />have been acquired. That language can be incorporated into the agreement with Beard <br />Group. <br /> <br />It was anticipated that the development agreement can be redrafted in about two to three <br />weeks, with a hope of approval by early March. <br /> <br />Adjourned at approximately 8:15 p.m. <br /> <br />Dallas Larson <br />City ft.dministrator <br /> <br />6a.- <br />