Item Coversheet

3.A.


Shakopee Economic Development Authority
February 13, 2018


FROM: Michael Kerski, Director of Planning and Development 
TO:President and Board Members
Subject:

Executive Session for the discussion of contracts and agreements for the sale and redevelopment of EDA-owned property located at 69 and Vierling (adjacent to the mall) and at First Avenue and Scott and the former city hall site.

Policy/Action Requested:
Request that the EDA move into Executive Session to discuss contracts and agreements for the sale of EDA-owned property.
Recommendation:
Motion to move into Executive Session.
Discussion:

Best practices allow for the discussion and negotiation of contracts for the sale and disposition of EDA-owned property be discussed in Executive Session to determine pricing and sales and redevelopment contracts before final negotiation of agreements to be brought forward at a public meeting

Budget Impact: