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Northwest Quadrant Report Housing Agreement. Black reported that the housing agreement had been presented to the City Council for approval on January 27th, but action was continued until February 10th. Upon anticipated approval, staff intends to meet with property owner Dick Bury to discuss purchase terms. Larson added that the housing agreement needs to be passed in order to demonstrate the seriousness of the City to proceed on redevelopment there. Stang asked for details on the proposed housing development. Black summari . e project as up to 752 units, with a variety of townhomes, condominiums, lofts, and a small .- ental building. Price ranges on the for-sale units are expected to range from aroun 180,1. o .t least $400,000. Stang asked whether the project would likely attract families 'th chile Fulton responded that we expected that the area would attract empty-resters fro .- community, which would benefit the school district by opening up la e es o , families with children. Corporate User. Black reported that staff was continuing tg meet ith rep ntatives of a major corporation for possible development on the east side of( .High y 8. Fulton added that this project would be a partnership between the City and the State. The company wants the site for free, and is working on a plan to address the old d . . - site. ATist of proposals is being prepared to present to the state legislature, which ould in. .e funding for road and utilities improvements, extending some of the proviso kur 199 .pecial legislation, and perhaps waiving a"tipping fee"usually incurred opdisposal of unw. ted material in a landfill. Company executives are targeting Marchs31 st r a"go/no-go" decision. Construction would begin in late 2004 or early 2005. Transportation. Benke added t ,e Coum is oving forward to design the new Highway 96 bridge and to fill a funding Other Business A Black re. 1 ed that the next ' g with businesses is scheduled for Tuesday, March 30th Fulton ad. -d t,aill he City ne continue to work with the Chamber to sort out relationships between the o . ganizations r ing business contacts. Fulton remin. • members that the possibility of starting meetings at 7:00 am had been mentioned last i ewth. Harmon asked members to indicate their interest in trying the earlier time, starting w 1 the March meeting. All approved. Adjournment The meeting was adjourned at 8:45 a.m.