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<br /> <br />Request for Action <br /> <br /> <br />To Item Number <br /> <br />Economic Development Authority 3. <br />Agenda Section Meeting Date Prepared by <br /> <br />ClosedFebruary 17, 2015Jeremy Barnhart, Deputy Director, CODD <br />Item Description Reviewed by <br />Consider counter offer to purchase Lots 1 and 2, <br />Block 2, NEBC II <br />Reviewed by <br /> <br /> <br />Action Requested <br /> <br />Provide response to the counteroffer proposed by Envision Companies, LLC (Sportech) for Lots 1 and <br />2, Block 2, Natures Edge Business Park. <br /> <br />Background/Discussion <br /> <br />Envision Companies has provided a counter offer to the City’s standard Purchase Agreement. The EDA <br />attorney has provided a memo outlining the effect of these changes and recommended responses, in the <br />form of a Purchase Agreement. These two documents were distributed separately. <br /> <br />Financial Impact <br /> <br />None <br /> <br />Attachments <br /> <br /> <br /> <br />To be provided <br /> <br />Template Updated 4/14 <br />