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<br /> <br />Economic Development Authority Minutes <br />December 16, 2024 <br />--------- <br />Page 4 of 4 <br />stated that it is .8 acres so you could carve out some right of way and leave enough for a buildable lot. <br /> <br />Commissioner Grupa stated that he would rather see them go to bidding to see if anyone would want <br />to make them into a rental property. <br /> <br />Commissioner Blesener would like to see the HRA look at them. If the city purchased the land now, it <br />would be a public purpose and would achieve HRA goals as well. <br /> <br />Commissioner Westgaard asked if we knew what the market value of the properties were. Mr. O'Neil <br />answered stating based on the county's value of $107,000 and up to $150,000 on the northern piece <br />and a fraction of that on the southern piece. Mr. O'Neil stated if they worked with MnDOT then they <br />had to go with the appraised value, which hasn't been completed. If they went to acquire it through, <br />they would potentially get a more favorable price. <br /> <br />Commissioner Wagner agreed with Commissioner Westgaard to improve the intersection as well <br />instead of adding more commercial there as it would be close to the intersection. <br /> <br />10. MOTION TO ADJOURN <br /> Moved by Commissioner Matt Westgaard and seconded by Commissioner Jeff Hartwig to <br />adjourn the meeting. Motion Carried 7-0. <br /> <br />The meeting adjourned at 06:06 PM <br /> <br />Minutes prepared by Jolene Richter. <br /> <br /> <br /> _______________ <br />Dan Tveite, Chair <br /> ___________________ <br />Tina Allard, City Clerk <br />