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<br />MaY-IT-1004 15:38 <br /> <br />F,om-PETERSON FRAM BERGMAN <br /> <br />6511181T53 <br /> <br />T-124 P003/015 F-T89 <br /> <br />. 1';.",40 lIeres ("DNRArea"): <br /> <br />E. WHEREAS, the pot&t1tial P9gt OffirCl-c~DNR 6H8sAul\. should be <br />integrated with other uses within the AM Reuse Area pursuant to a land use <br />plan and an infrastructure plan so that property values can be maintained <br />and/or enhanced and so that any arllas Glwotlld 19 sudl Pest OffirCl--flrtbe <br />DNR \l8eArea will be developed in a maImer that is compatible with other <br />uses in the AM Reuse Area; <br /> <br />. <br /> <br /><;Jr:. WHEREAS, the parties agree that those areas of the TCMP Site which <br />are under the control of the Mirmesota Army National Guard, and which <br />are illustrated as potential development ltreas on the Vento Reuse Plan <br />should be taken into consideration when adopting a land use plan and an <br />infrastructure plan for the AH Reuse Area, even though the MiIUlcsota <br />Army National Guard will continue to use and control such areas for an <br />indefinite period of time; <br /> <br />UG.- WHEREAS, the parties agree that the AH Reuse Area will be <br />developed pursuant to the Vento Reuse Plan, but acknowledge that the <br />Vento Reuse Plan is a broad framework for development which may need <br />to be refined when the environmental rt:mediation analysis aDd ~ <br />de.tailed hind use ana infrnstrudure Dlanninl!' for the AH Reuse Area is <br />completed; <br /> <br />I H., WHEREAS, the City has i>xDressed its wiIJinl!ness to selecte4 the <br />Developer to be the Master Developer for the redevelopment of the Afl <br />Reuse Area, subiect to tbe satisfactory comnletion bv Develoner Q~ <br />oblil!'ations pursuant to this Jnlerim Al!'reement. and....fiu:th.tl subject to <br />the terms and conditions of a Disposition and Development Agreement <br />("DDA"); <br /> <br />. <br /> <br />J.I. <br /> <br />WHEREAS, Developer, al its sole cost and expense, has agreed to lIssist <br />the City in obtaining a transfer of the AH Reuse Area from the GSA and to <br />undertake an extensive environmental analysis of the AH Reuse Area in <br />order to determine if it is economically feasible to proceed with <br />environmental remediation and redevelopment; and <br /> <br />lQ. <br /> <br />..WHEREAS, the parties wish to enter into an Interim Agreement which <br />describes the obligations of the parties relating to the transfer of the AH <br />Reuse Area, the environmental survey and analysis of the AH Reuse Area, <br />the preparation of a DDA which would become effective upon transfer of <br />the AH Reuse Area to the City and the preparation of an Amendment to the <br />