Item Coversheet

10.A.3.


Shakopee City Council
AprilĀ 3, 2018


FROM:Michael Kerski, Director of Planning and Development
TO:Mayor and Council Members
Subject:
Transfer of city-owned property to the EDA.
Policy/Action Requested:

Adopt Resolution No. R2018-039 to transfer property to the EDA that was acquired in the city's name.  The particular property is the small house at Scott and First Avenue that was acquired to assemble a redevelopment site along the river bluff.

Recommendation:
Adopt Resolution No. 2018-039 transferring property from the city to the EDA.
Discussion:
The city has in the past acquired property from MNDOT and other property owners for redevelopment or holding.  The city typically only holds property in its name for city-used buildings, parks, ROW and trails. The city should not be holding these properties in its name but they should be in the EDA's name.  In the future, contracts for land will be in the name of the EDA. 
Budget Impact:
ATTACHMENTS:
Description
Resolution No. R2018-039