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she did not believe a date could be set. Director Collins commented as of last Friday, the <br />developer was seeking some form of compensation in the event this body cannot get to a <br />development agreement. She explained she discussed this further with the developer and was <br />proposing to bring the old preliminary development agreement before the JDA for <br />consideration. She reported this agreement would between the JDA and the developer. She <br />explained another agreement would be drafted (and run parallel with the MDA) between the <br />County and the developer to address a scope of deliverables. <br /> <br />Commissioner Monson encouraged the developer to bring renderings to the September 27 JDA <br />meeting. <br /> <br />Commissioner Frethem supported the JDA selecting a date for the community engagement <br />event to ensure the event happens. She did not want to delay the process and noted she has <br />faith in Alatus. She explained she preferred to hold the community engagement event on <br />October 26. <br /> <br />Commissioner Monson suggested the community engagement event be held on November 1 or <br />2. <br /> <br />Commissioner Reinhardt supported holding the community engagement event on November 1. <br />She anticipated the County Board would like to learn more about the compensation/scope of <br />deliverables that were being pursued with Alatus. Director Collins reported she made it clear to <br />Mr. Lux that the County Board would have to approve a compensation/scope of deliverables <br />agreement and he understood this. She explained the trajectory of this project was unique and <br />she understood the risks Alatus would be assuming in order to move this project forward. <br /> <br />Commissioner Monson encouraged the board to be sensitive to the timeline and to have an <br />alternative in mind for this project. She recommended the JDA have a date in mind on when an <br />alternative will be pursued. <br /> <br />Chair Wicklund recommended staff reach out to Commissioner Fabel to see if he would be able <br />to attend a community engagement event on November 1, with the alternative date being <br />November 2. <br /> <br />Real Estate Market Presentations <br /> <br />Director Collins stated experts on the local real estate market have been invited to present to <br />the JDA. She explained there will be four presentations, followed by a time for questions and <br />discussion. <br /> <br />Amanda Taylor, GREATER MSP Partnership, introduced herself to the JDA commented on the <br />public and private sectors that support GREATER MSP. She provided a presentation on the <br />current growth opportunities and industrial market needs in the Minneapolis/St. Paul metro <br />area. She discussed how the Rice Creek Commons project was an economic opportunity for all.