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O~~.lt~~ ~e17C~ GC~GV~1Dp171e1~t 0111.1~~1ssIE}11 <br />e~~.~l~l" .~.C~t11~~ --eptel~`]~}el' 7, 2aa7 <br />NEB ~3UYN~ <br />~. ~ipa~~t ~a~~a~a~c .~e~e~apm~nt ~~e <br />~~} Ca~ltli>~ll~~ b o b <br />IV~r. ~ec~ko~vsi~l as~~e~ 1.f tl~1s ~ tie fil-t ~11`~~e <br />tie ~`a1~71~~i~ior1 ~~a c~al~e t~~is type ofaptial~`~ <br />M1-. ~eol~c 1-CSpO1~~C(,~ tla~~t to leis 1~11o~vle~e <br />tl~.is leas loot beel~ c~alac befolie. <br />fir. 'ec~~~o~vsl~i as~ec~ ~ 1' the ~~~ec~~ar~~ ~~a ha <br />~~l~vay beel~ availa~Ie ~a t]~.e ~`c~~~~~~1~issia~~, 1' <br />~~~ it bcaz~~e avazb~e becaL~se of a c~lall~e <br />.i ~~ ti~.e ia~r`? ~~1". Lcol~e ~ cspol~~ec~ t~~la~ tl~e <br />la~v ~~~.~ 11~t Cl~a~~ed. Tl~e prope~•ty ~~~~~ ~~ee~~ <br />available il~ the past. e l~~ievc ti~~.is l~acthad <br />~~i~i elaca~~l-ac ~~sc afthe property. <br />fir. ~'erico~vl~i abed ~ ~ Cressy . Everett <br />~~aay i:~~~ccd prlrc~ase aid ofthe rel~~ail~in~ <br />property ~t 75°I~ oftl~e ~~i~~~ p~i~? .~.~-. <br />~~~. repo~a~ea~ yes, t~~~ properties listed ~1~. <br />E~1libit & ~ lay lac p~~rchased ~ `l~esy~ <br />Everett >v~l~der tl~i ~ptioll a~t.rac~t. <br />~1-~ eczko~sl~l as~~ed lfthe 0111~`1`lll~l~ Ca1~ <br />1r1Se tlll~ Il~e~~~alll~l~~ ~vltll ~~~ ~t pl'Qp~l`ty, <br />r. ib~~ey 1'esp017e~ t~aat l~ktharn vas <br />ari~~~~a~ly developed eve~ltec~~ years ado. <br />Appraxll~~atc~y ~0°lo afthe real estate there <br />hay bee~~ developed. ~~~~°I~ 1'eaill <br />~~developed. ~ did feel that this strategy, <br />with the private sector ~vitl~ expert~e ~.~~ <br />l~~arl~eti~~ldevelop~~~g, ~~~~ht be a better may <br />to complete the d.evelaprl~e~~t. A to hetl~e~ <br />~we ~o~u~d eolasi~e~' ti~i ~~~etl~od of l~~arketil~ <br />our at~~er properties,ll~r. ibrley ~vo~lld ~~~e <br />to col~i~er that pote7~tia. It ~s~~'t tl~c city's <br />i~te~~t to ea~~ti~al~e to l.~olc a~~r palitf olio of <br />property. <br />................. <br />3~ <br />