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ARDEN HILLS CITY COUNCIL SPECIAL WORK SESSION — OCTOBER 15, 2024 9 <br />Stacie Kvilvang said there would be more restrictions if it's held by the EDA because that's for <br />economic development purposes and you have a shorter time that you can legally hold it. If it's <br />going to be a civic parcel, it makes sense to leave it with the city. <br />Mayor Grant said the parks are owned by Alatus. <br />Stacie Kvilvang said the neighborhood parks are. The big central park is City -owned but the <br />developer has to pay for the maintenance. <br />Councilmember Monson wanted to discuss the process and scheduling with the few minutes left <br />in the meeting. <br />Mayor Grant thought Council was making good progress. <br />Councilmember Monson said this is good information but it would be nice to schedule the work <br />sessions. If that is not what the Council can do, she would support having the JDA reps negotiate <br />with Bob Lux and come back. <br />Councilmember Fabel asked if Mayor Grant is okay with the JDA reps having the discussion <br />with Bob Lux and come back to discuss the existing agreement and what revisions are there and <br />what needs more work. <br />Mayor Grant is leery because at one point one councilmember was frustrated with what was <br />given to the developer and characterized it as "we gave you everything" and was upset that certain <br />parties wanted more. <br />Councilmember Fabel said it would come back to Council. <br />Mayor Grant thought asking the developer at a 40,000 foot view, without getting into changing <br />numbers or changing other things. He doesn't have an issue with asking Bob Lux his thoughts on <br />the terms of the old Term Sheet and if anything gives him heartburn. <br />Councilmember Fabel would like to know the same thing from Mayor Grant. <br />Mayor Grant said most of the Term Sheet is good. There are some numbers, dwelling units and <br />affordability. He thinks TIF was addressed; he thinks that's too high. <br />Councilmember Monson asked if it's too high now. This is what was agreed upon in 2022. She <br />asked if it was too high now. <br />Mayor Grant has heard comments made that TIF is off the table. <br />Councilmember Monson asked who said TIF is off the table. <br />Mayor Grant thought Councilmember Fabel said that at one time. <br />Councilmember Fabel never said it was off the table. He said it hasn't been brought to Council <br />as a major piece to finance the development. We aren't going to be the banker. There is a <br />