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ITEM 4.1. <br />giver MEMORANDUM <br />TO: Economic Development Authority <br />City Council <br />FROM: Jeff Gongoll <br />Community Development Director <br />DATE: August 11, 2008 <br />SUBJECT: DISCUSSION: Development of "Gateway" Business Park <br />and Surrounding Area <br />PURPOSE <br />A key area of the City, including City property, is available for what many view as our next <br />significant opportunity for effective and inspiring economic development projects. The <br />intention of this meeting is to: <br />1. Seek consensus to the following: <br />Who - do we want to market this property to? <br />What -type of land use is appropriate/suitable? <br />When - do we want the property to be developed in order to market it accordingly? <br />2. Provide an update of activities (A.) and an opportunity to re-examine the issues regarding <br />the Gateway development site and surrounding area (B.). <br />A. STATUS <br />1. Entertainment Proposal <br />The proposed project was originally submitted to the EDA in October 2007. In early July <br />2008, we were informed that the location of the project, encompassing approximately 14 <br />acres, has shifted east onto City property, generally Outlot C of the Gateway Business Park <br />plat (attached). Initially the proposed site was along Highway 10. However, a site plan has <br />not been submitted. <br />