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r:; MA <br /> • City of <br /> Elk <br /> River <br /> MEMORANDUM <br /> TO: Housing & Redevelopment Auth•rity <br /> FROM: Catherine Mehelich, Director of conomic Development <br /> DATE: April 23, 2001 <br /> SUBJECT: Ron's Foods Property Sale <br /> Staff has received information regarding the sale oi the Ron's Foods property located on <br /> Hwy 169 and 3td Street. According to the listing a ent, Edina Realty, the property sale price <br /> is $1.4 million for the 2.38-acre site,which include. a 24,400 square foot building. <br /> The City may consider the sale of the Emporium property to accommodate a larger <br /> redevelopment project for the area. The property is zoned C3-Highway Commercial. <br /> • <br /> • <br />