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2.6 Financial Statements <br /> 2.7 Renewal Premium for LMCIT Property/Casual Insurance <br /> 2.8 Residential and Commercial Water Connection Agreements <br /> 2.9 Summary of General Manager Performance Review <br /> Al Nadeau seconded the motion. Motion carried 3-0. <br /> 3.0 OPEN FORUM <br /> No one appeared for open forum. <br /> 4.0 OLD BUSINESS <br /> 4.1 Field Service Facility Expansion Update; Purchase Agreement—PID#75-411-0220, <br /> 75-411-0250,and 75-409-0740 <br /> Troy Adams presented the executed purchase agreement for parcels: #75-411-0220,75-411- <br /> 0250, and 75-409-0740. Parcel ID#75-411-0220 and 75-411-250 make up the address 1437 <br /> Main Street,and Parcel ID#75-409-0740 is a stand-alone property across 4th street from 1437 <br /> Main Street. <br /> With the pending purchase of the parcels,some of the next items for consideration were <br /> discussed. Those items included:the projected timeline of the expansion project;options for the <br /> stand-alone property;rezoning of 1437, 1627,and 1639 Main Street;relocation of wetlands; <br /> relocation of existing utilities at the site; and the current tenants lease at 1437 Main Street. Troy <br /> stated that we were working with the current tenants at 1437 Main Street to extend the lease <br /> through September 30,2016,at which time we'll look at the possibility of selling and moving <br /> the house.The Commission wanted to know if we could continue to rent the home and generate <br /> revenue until we're ready to begin construction. Troy responded that because the property is not <br /> in compliance with City ordinance as it has no garage,the longest we can extend the lease is <br /> through September. He explained that it wouldn't be cost effective to build a garage if we were <br /> only going to be leasing it out for another year. There was further discussion on the best use of <br /> the home in the interim and options for what could be done with it once we were ready to utilize <br /> the property. <br /> Daryl Thompson made a motion to receive the executed Purchase Agreement for PID#75- <br /> 411-0220,75-411-0250,and 75-409-0740. Al Nadeau seconded the motion. Motion carried <br /> 3-0. <br /> Page 2 <br /> Regular Meeting of the Elk River Municipal Utilities Commission <br /> July 12,2016 <br /> 24 <br />