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BRaD <br />Meeting Summary <br />January 11, 2011 <br />Page 4of 4 <br />The Committee asked questions concerning how the building could be re-purposed if not used for <br />retail. Other uses in the metro area have included automotive, medical offices,family recreation, <br />discount centerslike Goodwill, residential. Someone asked if there was any interest in Wal-Mart <br />re-opening with its new grocery concept.. A grocer is prohibited by the covenants. One member <br />asked if BRaD would support the U-Haul use if it showed interest today (the answer was still “no”). <br />In response to a question, we discussed the normal clause in Wal-Mart’s real estate contract <br />requiring a 60-day close. Matthew said that for a sound financeable plan, supported by the city, he <br />would support a longer time period. <br />COMMITTEE REPORTS: <br />None. <br />AGENDA ITEMS FOR NEXT MEETING TO BE HELD ON Monday,February 6, 2012: <br />Discussion of a small business support center. <br />ADJOURN: <br />The meeting adjourned at 10:05a.m. <br />