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City Council Minutes <br /> Apri17, 2020 <br /> Page 10 of 12 <br /> ----------------------------- <br /> � <br /> Ms. Malecha stated the reason they put that caveat in there is because she is <br /> having discussions right now with a company that is seriously interested in <br /> purchasing some property in that development. She stated that this company <br /> does not want any information made public at this time therefore they just wanted <br /> to safeguard them from being subject to the new broker service fees if the <br /> Council does approve the contract. <br /> Ms. Malecha stated that there are a few additions to the contract or addendums <br /> to the contract per the City Attorney that she has asked Close Converse to <br /> include as an addendum. She stated that this was just done today and some of <br /> those relate to insurance and Ms. Malecha listed as the seller representative for <br /> the City. She also stated that there is also a caveat in there that if the broker fails <br /> to satisfy the contract what the ramifications are, to identify and protect and hold <br /> harmless the City of Pequot Lakes, and then to make sure that they abide by the <br /> laws. <br /> COUNCIL MEMBER PEDERSON MOVED TO ENTER INTO THE COMMECIAL <br /> LISTING CONTRACT WITH CLOSE CONVERSE AT THE TERMS SPECIFIED <br /> IN THE CONTRACT WITH THE STIPULATION THAT ANY CURRENT <br /> PROPERTY ACQUISITION DISCUSSIONS WITH A COMPANY NOT BE <br /> SUBJECT TO THIS CONTRACT AND BROKER SERVICES. COUNCIL <br /> MEMBER AKERSON SECONDED THE MOTION. MOTION CARRIED 5-0. <br /> � <br /> 11.3. Librarv Board Member ResiQnation <br /> Nancy Malecha informed the Council that Michael Czech has resigned from the <br /> Library Board. She stated that his term would have expired on December 31, <br /> 2021 and the City is grateful for Mr. Czech's service on the Library Board. <br /> The Council acknowledged Michael Czech's resignation from the Library Board. <br /> 11.4. HRA Commission Member ResiQnation <br /> Nancy Malecha stated that Bob Peterson has resigned from the HRA <br /> Commission. She stated that his term would have expired on December 31, <br /> 2024 and that the City is grateful for Mr. Peterson's service on the HRA <br /> Commission. <br /> Ms. Malecha stated that HRA Commission Chair Robert Ritter is recommending <br /> the appointment of Bonnie Eastvold to the HRA Commission. <br /> The Council acknowledged Bob Peterson's resignation from the HRA <br /> Commission. <br /> Mayor's Tayloe made the recommendation to appoint Bonnie Eastvold to the <br /> HRA Commission. <br /> � <br />