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<br /> I <br /> I. option, including adaptive reuse, rehabilitation, operating and maintenance costs, and potential <br /> I revenue expected to be generated through the implementation of the reuse options, Potential <br /> revenue sources to support reuse alternatives will be identified where expected revenue estimates <br /> I are not adequate to support the reuse alternative under consideration. This task will include <br /> recommended financial strategies designed to cope with local costs associated with the excessing <br /> process and an evaluation of municipal financing options. <br /> I Task 2B-8: Economic and Business Development Strategies <br /> Economic and business development strategies will be developed to facilitate implementation of <br /> I the Master Plan. These strategies will be grounded in the objectives established during the <br /> preceding phases of the project. The recommended strategies and programs will be designed to <br /> promote economic growth and counter any economic loss to the community resulting from the <br /> I closure ofTCAAP. <br /> Task 2B-9: Marketing Strategies <br /> I Strategies for marketing the available TCAAP development sites will be developed. These <br /> strategies will be designed to maximize economic return and achieve other previously identified <br /> community objectives, <br /> I Task 2B-lO: Metropolitan Council Approval <br /> Ie The preferred DAP will be presented to the Metropolitan Council for its preliminary approval. <br /> Any adjustments recommended by the Council will be incorporated into the detailed TCAAP <br /> Master Plan, <br /> I Task 2B-1l: Detailed Master Reuse Plan <br /> A detailed Master Plan will be prepared that reflects the land use and community planning <br /> decisions resulting from the plarining process. The Master Plan will include identification of <br /> I development code revisions that may be needed to facilitate implementation of the Plan. The <br /> TCAAP Master Plan will also include phasing plans to ensure that each land use component is <br /> I developed in a timely manner with appropriate fmancing mechanisms. <br /> Task 2B-l2: Task Force Approval <br /> I This task involves final Task Force approval of the TCAAP Master Plan and consideration of <br /> development code amendments and other policy tools that may be required to achieve the <br /> community's reuse objectives. The adopted Master Plan will be forwarded to the City Council <br /> I for final adoption. <br /> Task 2B-l3: Recommended Development Code Amendments <br /> I A final step in this phase of the work program involves the development of specific development <br /> code amendments that will allow the TCAAP Master Plan to be implemented. <br /> I 0096069,01 <br /> .e <br /> I 14. <br />