The meeting of the Community Development Authority was called to order by Chairman Ken Jaeger at 6:30 p.m. with the following in attendance: Chairman Ken Jaeger, Mayor Claude Lois, Alderman Robert Miller, Mr. Jim Peterson, Ms. Carol Anderson, Mr. Jim Spiegelhoff, Alderman Tom Vos, Ms. Ann Flad-Jesion, Representative from RCEDC, Mr. Tom Foht and Ms. Linda Fellenz of Kapur Engineering, Alderman Frank Cannella, City Administrator David Torgler and Attorney Alan Marcuvitz. Mr. Bil Scherrer was excused.

None

A motion was made by Alderman Robert Miller and seconded by Mr. Jim Peterson to adjourn into closed session per Wi. Stats. 1985(1)(e), deliberating or negotiating the purchasing of public properties, the investing of public funds or conducting other specified business, whenever competitive or bargaining reasons require a closed session. With all in favor the motion carried and the closed session began at 6:32 p.m.

A motion was made by Mr. Jim Peterson and seconded by Mr. Jim Spiegelhoff to return to open session. With all in favor the motion carried and open session commenced at 8:25 p.m.

A motion was made by Mayor Claude Lois and seconded by Ms. Carol Anderson to instruct the Executive Director of the Community Development Authority to issue a notice to Burlington Boardwalk, LLC in accordance with paragraph 9(b) of the Amended and Restated Development Agreement of June 7, 2001, tendering the required "ROFR Notice" at the price of $395,000 and upon the terms set forth in the "Request for Proposal Riverfront Expansion Site ", a copy of which is attached. The "ROFR Notice" shall advise Burlington Boardwalk, LLC that the CDA has extended the required thirty (30) day notice period to, and inclusive of, January 30, 2004. In the event Burlington Boardwalk, LLC either declines the "FOFR" or does not respond on or before January 30, 2004, the Executive Director is authorized and directed to publish and distribute the "Request for Proposal Riverfront Expansion Site" to the public generally, and to all possibly interested parties specifically. On a roll call vote, all were in favor and the motion passed.

A motion was made by Mr. Jim Spiegelhoff to adopt Resolution No. 79 which is "A RESOLUTION RECOMMENDING AMENDMENT NUMBER TWO TO TASK ORDER NUMBER SEVEN WITH KAPUR & ASSOCIATES FOR ENVIRONMENTAL SERVICES-LAND DEVELOPMENT FOR THE NOT-TO-EXCEED AMOUNT OF $3,611.00. Mayor Claude Lois seconded the motion and on a roll call vote all were in favor and the motion carried.

A motion was made by Mr. Jim Peterson to adopt Resolution No. 80 which is "A RESOLUTION RECOMMENDING AMENDMENT NUMBER THREE TO TASK ORDER NUMBER SEVEN WITH KAPUR & ASSOCIATES FOR ENVIRONMENTAL SERVICES-LAND DEVELOPMENT FOR THE NOT-TO-EXCEED AMOUNT OF $27,833.60. Mr. Jim Spiegelhoff seconded the motion and on a roll call vote all were in favor and the motion carried.

A motion was made by Alderman Miller and seconded by Mr. Jim Peterson to adjourn the meeting. With all in favor the meeting adjourned at 8:32 p.m.

Respectfully submitted,

Beverly R. Gill
Recording Secretary