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property just north of LaMotte Park which is currently owned by St. Genevieve's Parish. There has been an effort started recently to see if the Archdiocese would be interested in parting with the property. This option may be quite lengthy, and if investigated further, the possibility of losing the two existing building options would exist . Mayor Wilharber suggested that the Council review the options that are available and discuss the advantages and disadvantages of each. Mr. March stated the cost option is listed on the back page of the analysis, but it was difficult to determine without getting an architect involved. Option #1: ii! t i- _ g - 1 • . : me I - 1. ► .• - Advantages: Central location Already own the land Existing building there that could be renovated Site is adequate size for full development Site could be redeveloped to spur downtown revitalization Disadvantages: Downtown area is being revitalized Currently surrounded by residential area Could be costly to renovate Two buildings less desirable Not consistent with Design Team Vision No municipal water to site Option #2• Eagle Trucking Facility at 7087 20th Avenue South Advantages: Nice location Nice office space Enclosed parking area Utilities available (not sewer) Less disruptive to adjacent neighbors than current location Disadvantages: Loss of tax base Loss of area employer Expenses related to current public works site Option #3 Lake rea ility Building at 6 995 20th Avenue South Advantages: Nice location Adequate office space Adequate shop space Potential for additional tenants Utilities available (water and sewer available) Reasonable price Disadvantages: Loss of tax base Floodplain issue Expenses related to current public works facility New residential area to be developed to west of property 2