The property, owned by Faribault Downtown Central, will be divided into three distinct lots, maintaining existing interior and some exterior walls. This subdivision aims to facilitate future ownership of the proposed properties, potentially attracting investment. Council members discussed fire safety concerns, specifically the need for a fire-rated wall between buildings to meet fire code requirements. The resolution passed unanimously.

The council also discussed the logistics of virtual meetings, acknowledging the potential need for remote participation by members in future sessions. Plans were considered to use existing technology, such as laptops and Teams software, to facilitate virtual attendance. While one member expressed interest in testing the setup, no immediate decision was made on implementing virtual meetings.