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05. Haven Field OffersAgenda -February 10, 1997 AGENDA ITEM 5 - HAVEN FIELD OFFERS BACKGROUND/CONSIDERATION: We are still in discussion with the bidders to clarify several questions. We will have further analysis of the bids available to review at the Work Session. RECOMMENDATION: Since we are still in analysis/negotiation with the bidders, I will not submit a recommendation until the Council Meeting. ACTION REQUIRED: We hope to have questions clarified for this project at the regular Council Meeting. When we are ready to take action, a MOTION to proceed with the selling process of Haven Field to the party we desire will be needed. That motion to define that the sale is based upon an acceptable development agreement being complete which will include a firm development schedule and a minimum value/tax agreement. This will further "lock down" our revenue stream for bonding purposes (for funding ballfield improvements). After compiling an acceptable development agreement, we will need to authorize the final documents for the sale by resolution. Y ".S W a) > V N �} N O (TS C (6 G1 0 fl.. •C •U .. tt cy� Qi a .w a C� C a �'C1 V ® O I-- O cmO co CD �t � V (Do �1 (Da) 0 0 c E) -o CO N 000 co 0 00 N� oUUaC: a., 6g o a co o oU 4_ o m '' Os o c CD a� c" 3-0a 5 ai J �� a) Mom— Ox cc G O U X 3 S N:3 . a a) ii a) m C� LLJ 0 L) O � LO Q) O f(6 JCn J= �mI- CZ ElS U Q. O a� } O V1 0 m Y c G _ a 2 a)r O O 0 N Pa O O ti O 0 L O O O O Gti O v> Q ffl M ti4 CD3 - O CDr- �f ti (D d I� CO a = CO 1� y (DQ) U v- LO O Eft to co M M � 61), 69- Eti ar- O 0CD Nm � r {II F Efi 6R- a) EA r X p (E A a) f OcRm ® N (n 00 O ''a) c UO �O y� C `r- Q a)u O C m6 N Q Q) a)O C� �OZ , a� � U o o LsS ao'i U) a� .m mUwm= m rn 33 E 3 Y - a) 4••. CJ a 3 L m L Cnco00 a) C E1 — () N (D 6g � �a4 CL.TN ti 69 n m O moo L ZN coO CDO rn Md N N )O CO u N _ oCD E N N U LO O CD � M� �} � Mfi- Ef} Ef3 69 Ef3 U 00 CO0 N m a) ■ d a) b9 ui + L (n 0 � O ' r .i . O X �S m 00 .. C(D c N�� a Cl C� L O O IIJQ� O >, �' v O CD U O 00 U O� �� N O o � a Q mo° O O 3LO Z� O U L a)cmL m y J O. I- (Ei m O 0- Cn E a) In fA C Mi ai Q. a) tZ � ° -a aaa) C a OR p N a r U- d u- o ti _ ® -a N C i a� C _^ 3 C� C CL N; I- i O O O of > y m> r+ _ ch •a v/ c O to E o �y L C a� L n a� 'IT m c `, N N O a) 4- M .0 . U . � + U U to ,� s- = M ttf_ °- �LLL-o a o °aL Nd °nZ0- "oL_ " o_ � � E a' � . m a L m C9 a� a� E ; = a) t] (n cn m m to (n io (Ti v> U m °� U m °� J ) 4- m 4- O O 4- O Q O M c c Cl, 'U cC13 O a a> rn m m U m `0 0 o A is Q U a. J Z ui J d IL > u \ / 0 � . / % c f / o > = 3 / % \ § � 78 6 n " >, \ / \ O_ .2 1 k\ \/ \ LL ƒ / % 0)C0 e/// ■ 2 \ coat \ ƒw0 �ƒ E§%e 2 / m ¥ ± m = .g (n " m .. ® = 2 _ \ > 2 U) k ° ) 3 : k /§ 7 ƒ cn , S / =co® ] ƒ o ¥ E- e§ \ f 2 Sƒ 3 // /o ƒƒk\\ 3 / S ƒ 2 $ 2 m / �o e CL 2 I } / m � / } '/ § 0 / N k k 0 �f ee m 3 /} // _ k k / m k ■ 2 & 2 > d / k 2 >5 k j P& % ® \ E § § / 2 ( m § 2 § G _ / \ a)■ a m % \ / } k § k 2 2 2 ] ] \ / a f > / 2 2 \ / N