Agenda Item Title:
Title
City Administration providing information on the Arbor Plaza Office building for Council discussion
Body
Presenter:
Dan Nelson, Real Property Manager
Body
Description/Background:
The City has been exploring the acquisition of additional space to address current needs. As a result the City has begun the process of purchasing the "Arbor Building," located adjacent to City Hall. On January 20, 2026, the City Council passed a resolution authorizing the issuance of a bond of not more than $9,000,000 for the purchase of the Arbor Building. Today, Administration will be providing additional information concerning the use of the building, projected operating costs, and other City Council considerations before a final vote on the purchase is taken (scheduled for the February 17, 2026 meeting).
See the attached presentation for more information.
Further action to be taken:
This item is informational only, but the Council may use this time to provide any feedback or direction to Administration on the Arbor Building or the purchasing process.