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55% (year eight) , 40% (year nine) , 25% (year ten) , and 10% <br /> (year eleven). <br /> • Action Requested <br /> After conducting the public hearing, the EDA is asked to <br /> approve the sale of the Main Street Redevelopment Site to <br /> Kurt Kjellberg/Kjellberg' s Carpet and Interiors subject to <br /> the terms and conditions of a Contract for Private <br /> Development and execution of an Assessment Agreement. <br /> This action is further subject to the City Council <br /> approval of the Kjellberg TIF request. <br /> it <br /> • <br /> • <br />