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ARDEN HILLS CITY COUNCIL—NOVEMBER 27, 2023 3 Mayor Grant expressed concern with the fact the project has been deemed to have 1,960 units but no financial information has been provided to the City. He asked if the term sheet had been completed by staff. City Administrator Perrault indicated staff had drafted a term sheet and would be addressing this further at the next JDA Advisory Committee meeting. Mayor Grant inquired if this meeting would be open to the public. City Administrator Perrault stated an audio link for the public would be provided on the City's website for this meeting. Mayor Grant commented on the TCAAP open house that was held on November 1. He requested the comments received from the public at that event be provided to the Council. City Administrator Perrault explained the Council would be provided with a follow up report after the December 4 JDA meeting. Mayor Grant asked that staff speak with the consultant in order to provide all public comments from this event to the City Council. He spoke to how Rice Creek Commons was originally envisioned to have 4,000 jobs. Since that time, 32 acres of commercial property has been turned into residential. He inquired if staff had considered how to bring more jobs per square foot to the development. City Administrator Perrault stated the only changes that have been discussed was when the Council discussed (on November 11) the remaining commercial pieces and what can be done with the zoning. He explained this topic would be coming to the Council at a future worksession. Mayor Grant noted originally the commercial property on TCAAP/Rice Creek Commons was important for a lot of reasons, and that jobs are important and the economy is important in the community in which you live. He stated Arden Hills has a lot of large employers and if we were ever to lose one of those employers, it would not be good financial news for the city. He said Rice Creek Commons offers the ability to bring jobs in to the community, which is the lifeblood and the economic engine in our community. He did not believe it was a wise choice to turn 32 acres of commercial property into residential. 3. PUBLIC INQUIRIES/INFORMATIONAL Donna Wiemann, 1406 Arden View Drive, stated 1,960 housing units was presented at the community meeting on November 1. She understood the agreement being considered with the developer stated this would be the maximum number, but this may not be the final number. She expressed concern with the fact a Ramsey County Commissioner has stated this number may go up or it may go down. She asked that the Councilmembers serving on the JDA publicly confirm the number of units could go up or change. She noted recently a Councilmember stated the JDA was on the path to clearing up traffic concerns with respect to TCAAP. Since a traffic study has not been completed, she was unclear how the concerns have been cleared up. She discussed how a Councilmember had stated cities along Highway 96 were building whatever they wanted. While