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176. - l;,1.r `7/ y ITEM # 6. <br /> City of <br /> Elk <br /> River <br /> MEMORANDUM <br /> TO: Economic Development Authority <br /> FROM: Scott Clark, Community Development Director <br /> DATE: February 9, 2007 <br /> SUBJECT: Request for Purchase of Portion of EDA Land Located on <br /> County Road I <br /> Attachments <br /> • Aerial Map highlighting EDA property <br /> Issue <br /> Over the past several months, staff has been in discussions with representatives of Abiding <br /> Savior Lutheran Church,who had expressed interest in purchasing or an exchange of land <br /> between their church and the EDA property as shown on the aerial attachment. Several <br /> weeks ago, the church's board met and has elected to discontinue any further negotiations. <br /> However, the City's Parks and Recreation Commission has expressed an interest in securing <br /> this property from the EDA, and is of the opinion that it is valuable as passive open space <br /> and a future pedestrian trail development,as highlighted on the attachment. It would be <br /> The Commission's intent to secure the property and place a trail development line item in <br /> the 2008 Parks Capital Improvement Budget,with a build-out potentially in 3-4 years,as <br /> funds become available. <br /> Recommendation <br /> Staff recommends that the Economic Development Authority initiate the transfer of the <br /> subject property to the City for park purposes. <br /> ,.Communis Der eiopment`,Scort Clark.,2007 EDA mrmos'\,Co Rd 1 park propertc.doc <br />