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ARDEN HILLS CITY COUNCIL — AUGUST 11, 2025 2 The JDA discussed solicitation questions they had identified at their July meeting. JDA staff provided an overview of the different roles of a developer, such as a vertical developer who might complete a specific product type for the construction such as a builder for single family homes, multi -family housing, or commercial, or a land developer that focuses on horizontal construction, or a lead developer who then coordinates those sub -developers who have expertise in the different areas of construction for the site. Staff noted that it would take coordination between the County and City to determine feasibility if the JDA was interested in knowing more about a scenario where the JDA acts as the lead developer for seeking those development partners for the site. Commissioners requested that staff start to prepare a list of what those discussion items are for their respective parties. Staff agreed to bring this list forward at a future JDA meeting for additional discussion. The JDA had consensus that they'd like to proceed with a Request for Information. This is a process that can be used to gauge interest from developers and gather information on market topics such as best practices, industry standards, pricing, or technology. Staff will be assembling more information and the scope of an RFI for additional discussion at the September JDA meeting. JDA staff will need to work through this process to identify the types of questions that would be asked in the RFI. Lastly, Commissioners discussed hosting a community event and directed staff to research the idea of creating a virtual series on Rice Creek Commons that could be topic -specific. Participants could register to attend a webinar series, but then these could also be saved on the Rice Creek Commons website for people to go back later and watch. Neither Advisory Committee has met since the last Council meeting. The next JDA meeting will be held Tuesday, September 91h due to the Labor Day holiday. Councilmember Holden asked why the City's Attorney was spending so much time on TCAAP at this time. City Administrator Jagoe explained the City Attorney was attending both closed and open meetings where TCAAP discussion was being held, to ensure the City was being properly protected and represented. Mayor Grant commented on the recovery formula for TCAAP and inquired if the City had been properly reimbursed for expenses for the 42 acres that was currently being developed. City Administrator Jagoe reported the TCAAP development professional charge was written into the fee schedule to assist with recovering the City's expenses. She indicated the City had charged the Micro Control project for the 10 acres that was currently being developed. She stated the remaining 32 acres would be charged the same fee when a development project comes forward to the City. Mayor Grant questioned how much Micro Control was charged to develop the 10 acres in TCAAP. City Administrator Jagoe indicated the fee was $2,743 per acre or $27,430. Mayor Grant reported if TCAAP is 427 acres and the thumb parcel was 42 acres, this was approximately 10% of the project. He explained that the developer, Alatus, had agreed to reimburse the City $1 million and through the proposed fee, the City would only be reimbursed