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LI <br />r <br />C) <br />n <br />r <br />r <br />C'} <br />�y <br />ri <br />ELK RIVER ACTIVITY CENTER 55+ <br />RE-USE/RE-DEVELOPMENT <br />Background <br />Our Understanding; Elk River Activity enter 55+. <br />• The Activity Center 55+ has been a great community asset. <br />• There are numerous improvements necessary to upgrade the facility. <br />• City Council has decided to include the Activity Center 55+ in the new city multipurpose facility. <br />• Therefore, the City has decided to seek a buyer for re -use or re -development of the property. <br />Project Detail- <br />• The building is approximately 14,000 square feet on 1.16 acres of land. <br />• The site is currently zoned residential with a conditional use approved for the Activity Center. <br />• Potential for re -use by another entity, although a conditional use permit must be obtained for any <br />other use. <br />• Potential for re -development. <br />The goal is to identify a purchaser for the current building for the land itself. <br />4�ft <br />MG c4*4WRCIA1 <br />4 <br />