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-AII�)EN_ HILLS <br />,!r- <br />Joint Development Authority <br />TCAAP Redevelopment Project <br />MEMORANDUM <br />DATE: September 10, 2024 <br />TO: Joint Development Authority Board of Commissioners <br />FROM: Director Jagoe and Ella Mitchell, Ramsey County <br />SUBJECT: Update on Development Agreement Discussions <br />RAMSEY <br />COUNTY <br />AGENDA ITEM 4 <br />Staff will provide a verbal update on the Development Agreement discussions, including an overview of <br />the other agreements that must be drafted alongside the development agreement. Attached is the Term <br />Sheet approved in December 2023 with status updates. <br />Attachment: <br />Term Sheet — Progress Update <br />Action Requested: <br />None <br />