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City Council Minutes Page 7 <br />March 16, 2015 <br />----------------------------- <br />Moved by Councilmember Olsen and seconded by Councilmember Burandt <br />to accept the purchase agreement received for the sale of Lot 1, Block 2, <br />Natures Edge Business Center (NEBC) by Scott Morrell LLC. <br />Motion carried 5-0. <br /> <br />8.3 Sale of Lots 1 and 2, Block 1, Natures Edge Business Center II (GATR) <br /> <br /> <br />Mr. Barnhart presented the staff report. <br /> <br />Moved by Councilmember Westgaard and seconded by Councilmember <br />Olsen to accept the purchase agreement for the sale of Lots 1 and 2, Block 1, <br />Natures Edge Business Center II by GATR of Sauk Rapids. <br /> <br />Motion carried 5-0. <br /> <br />8.4 Sale of Lots 1 and 2, Block 2, Natures Edge Business Center <br />(Sportech) <br /> <br />Mr. Barnhart presented the staff report. He stated the EDA was supportive of <br />Sportech and their expansion plans in the city. He stated the EDA requested staff <br />work with the applicant in crafting a purchase agreement that would be a win-win <br />scenario for both the business and future development plans in the city. He stated <br />the EDA is not recommending acceptance of the purchase agreement as presented. <br /> <br />Mayor Dietz asked for the difference in the 2008 deal the city made with Sportech <br />and the proposal before them this evening. <br /> <br />Mr. Barnhart explained the differences between the two proposals. He stated the <br />EDA was very supportive in Sportech’s expansion plans but had concerns by <br />approving this and how it would hinder the EDA’s future development goals. <br /> <br />Councilmember Westgaard explained the EDA’s concerns about acquiring some sort <br />of repayment for the value of the land, noting those funds would be used for future <br />road and land development plans. He stated there was room for negotiation but this <br />particular business owner had been a very good asset to the city with a proven track <br />record. He stated the EDA unanimously wants to see the business stay in the city but <br />was aware of being mindful of the long term future for the ability to grow as a city. <br /> <br />Mayor Dietz stated he felt it imperative to keep this business in town and was <br />holding staff accountable in resolving this agreement to keep Sportech operating <br />their business in Elk River. <br /> <br />Councilmember Wagner reiterated the EDA’s desire to retain Sportech in the city. <br /> <br />The City Council recessed at 7:28 in order to go into a work session meeting. The meeting <br />reconvened at 7:33 p.m. <br /> <br /> <br /> <br />