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Project Status Memo 1 Date: July 25, 2016 To: City Council From: Stacie Kvilvang Subject: TCAAP Update Development • The master development team held a second internal design charrette on July 15, 2016 to further refine their vision for development of the site. • The master developer has retained Cushman Wakefield NorthMarq as their preferred brokers for commercial/corporate/office/flex space on TCAAP and Mid-America for retail. • On July 12, 2016 the County was informed that the TCAAP site received its Certificate of Completion for clean up on the site. Meetings • City and County staff, Ehlers and the master developer held their weekly project meetings on June 29th, July 13th and 20th. • On July 18th City staff and Josh Olson from the County met with the JDA legal representatives to discuss minor vs. major modifications to the TRC documents. The outcome of the meeting was for City staff to prepare “case study” examples of changes that may be requested to determine what bodies would need to review/approve (i.e. City Council, City staff, JDA and Met Council), and process and timing for the request. This was completed at the request of the master development team so they had a clear understanding of the requirements and timing related to requests. • On June 30th the master developer team, their engineers, environmental attorney and Beth Engum from the County met with Mike Fix to obtain background on the site, options for changing the extraction well heights and to discuss options or opportunities for moving the TGRS system from its current location. Master developer team felt they obtained good background information and guidance on extraction well heights that they will take into consideration for their site planning purposes. The Army is open to discussion about moving the system and future meetings will be set to continue the dialogue. • Joint meeting of the City Council and JDA is preliminarily set for August 15, 2016. The purpose of the meeting is for the master development team to unveil their preliminary development concepts for feedback from the group. Communications/Media • The County is planning a media event for August 10, 2016 at 1:00 p.m. related to receipt of the Certificate of Completion for cleanup of TCAAP. The goal is to celebrate this milestone and enhance community awareness. It is expected the Mayor will have a role in the event.