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The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community <br />engagement that encourages and inspires prosperity <br /> <br /> <br />Request for Action <br /> <br />To <br />Economic Development Authority <br />Item Number <br />6.1 <br /> <br />Meeting Date <br />March 18, 2024 <br />Prepared By <br />Brent O'Neil, Economic Development Director <br /> <br />Item Description <br />Sale of Property at 13566 and 13530 185th Ave. NW <br />Reviewed by: <br />Brent O'Neil, Economic <br />Development Director 3/14/2024 <br />Cal Portner, City Administrator 3/14/2024 <br /> <br />Action Requested <br />Open and continue, by motion, the public hearing considering the sale of property at 13566 and 13530 185th <br />Ave. NW to April 15, 2024. <br /> <br />Background/Discussion <br />The EDA has received an offer from Java Companies to purchase the Fox Haven properties on 185th Street. <br />In conversations with the offeror and the EDA's broker, it is requested to move consideration of the offer to <br />the April meeting. <br /> <br />Financial Impact <br />N/A <br /> <br />Mission/Policy/Goal <br />Attract new development and businesses to Elk River. <br /> <br />Attachments <br />None <br /> <br /> <br />Page 11 of 22