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2.4.
CC Work Session
Meeting Date:
02/12/2018
Submitted For:
Patrick Brama
By:
Patrick Brama, Administrative Services

Information

Title:

Pricing Strategy (portions of this case may be closed to the public)
 

Purpose/Background:

Purpose:
Review pricing strategy for the sale of city owned land.*
 
*The pricing strategy discussion will occur during closed session.  Staff will be sending confidential materials to the Council directly, via email.  The attached reference map shows the various properties currently available for sale/ purchase.  Although CBRE is the City's broker, for various reasons, they are not listing all available City owned properties.  Staff has received EDA input on the proposed/ updated pricing strategy and wants to share this information with the Council in a closed session to address any questions. 

Notification:

NA

Observations/Alternatives:

The pricing strategy is used by staff as a guide for real estate negotiations.  The Council ultimately approves all land sales by separate action.

Funding Source:

NA

Recommendation:

NA

Action:

No action necessary.  Informational only.

Attachments

Form Review

Inbox Reviewed By Date
Kurt Ulrich Kurt Ulrich 02/08/2018 02:55 PM
Form Started By:
Patrick Brama
Started On:
01/11/2018 01:44 PM
Final Approval Date:
02/08/2018