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ARDEN HILLS CITY COUNCIL — FEBRUARY 13, 2023 9 Councilmember Holden clarified the term sheet the Council received was from the County stating the term sheet was completed right after mediation (from two or three years ago) and this information was never forwarded to the City until recently. City Administrator Perrault explained to the best of his knowledge, the City did not receive this information prior to January of 2023. Councilmember Holden requested staff review the term sheet. She stated if these terms had been presented to the City previously, the project could have been able to move forward long before the interest rates and supply chain issues occurred. Councilmember Monson explained this item was discussed prior to the agenda being approved and there was not clarity on where this item would go. She believed the Council was having a discussion even though the item was removed from the agenda. She requested the Council move forward on the agenda and noted any negotiations would occur with the JDA. She encouraged the Council to look forward and not backwards. Mayor Grant stated he was simply trying to clarify when the term sheet was received. Mayor Pro Tem Rousseau again recommended this topic be placed on an upcoming work session. Councilmember Holden explained she was trying to make the public aware that a term sheet had been presented to the City by the County. Mayor Pro Tern Rousseau stated it was her understanding the term sheet would be addressed under Item 5. City Administrator Perrault explained Item 5 would provide the Council with an update on the recent JDA meeting and would not address Item IOC that was pulled from the agenda. 4. PUBLIC PRESENTATIONS None. 5. STAFF COMMENTS A. TCAAP/Rice Creek Commons Update City Administrator Perrault explained the JDA held its first meeting of the year on Monday, February 6. He reported Councilmembers Fabel and Monson were in attendance along with County Commissioners Frethem and Reinhardt and that the group nominated and elected Commissioner Frethem as Vice Chair. He noted the JDA Chair position remains vacant. Applications for this position were being accepted through Friday, February 24. He indicated the JDA approved an insurance waiver, adopted a value statement and a meeting schedule. He stated the JDA would meet every other month and that the next meeting would be held on Monday, April 3. He explained the JDA also formed an advisory committee made up of Councilmember Fabel and Commissioner Frethem, along with needed staff members. He stated the advisory committee would meet on a more frequent basis and would make recommendations to the JDA.