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Memo- Marketplace & Main Discussion Planning & Economic Development MEMORANDUM TO: Honorable Mayor a,tl,to7 City Council Members Kersten Elverum, H\~ & Development Coordinator November 8, 2006 ~ . FROM: DATE: SUBJECT: Marketplace & Main Discussion Representatives of the Beard Group will be at the November 14,2006, City Council work session to discuss a potential project on the Marketplace & Main site. They have been in discussions with City staff and the owner of the property, The Cornerstone Group, regarding the possibility of buying the site and doing a similar project to that proposed by Colleen Carey of The Cornerstone Group. The purpose will be to update the City Council on the status of discussions and present the Beard Group's concept for the site.