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<br />Councilmember Larson asked Mr. Gallus if he would be willing to purchase the land from the <br />City. <br /> <br />. <br /> <br />Mr. Gallus said that he would be willing to consider this option. <br /> <br />Mayor Applikowski asked staff to work with the City's Attorney and Mr. Gallus to see if a legal <br />agreement can be worked out between the two parties. The agreement would entail that Mr. <br />Gallus is able to take over the property and that the City could reacquire a portion of the land <br />back if it is necessary for future infrastructure and road improvements. <br /> <br />Direction was given by the City Council to work out an agreement with the resident that allows <br />the City to retain ownership of the boulevard comer. The City would in-return vacate the <br />remainder of the property and allow the resident to continue to maintain and use the property as <br />his own. City Council members did request that the agreement allow the City to reacquire the <br />land in the future if it is determined to be necessary. <br /> <br />TCAAP Update <br /> <br />*Councilmember Rem left at approximately 7:00 PM <br /> <br />Community Development Director Scott Clark provided the City Council with a review of the <br />current activities regarding the TCAAP project including an overview of the January 20th . <br />teleconference call with the GSA, Army, and regulators. <br /> <br />Community Development Director Clark presented a draft project flow chart and reviewed for <br />the City Council the four areas in which the City must move forward in order for the City to <br />meet a June I't offer to purchase letter. They are the following: <br />. Environmental Process <br />. Land Use Process <br />. Transfer Process <br />. Master Development Agreement <br /> <br />On January 31", members of the City Council will be participating in a work session to discuss <br />public financing options for the City Council to consider regarding the TCAAP project. <br /> <br />Mr. Clark mentioned that the City Council must establish business terms for this process to move <br />forward. It is also important that more escrow funding be unlocked to fund this project in the <br />near future. <br /> <br />Councilmember Holden asked ifthe FOST and FOSET would be reviewed at the same time. <br /> <br />Community Development Director Clark said that the FOST and FOSET are scheduled to be <br />reviewed at the same time. <br /> <br />Councilmember Holden asked how many acres are involved in the early transfer process. <br /> <br />. <br /> <br />8 <br />