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<br />througfl the City aeting as a conElait. In 2002 the U.S. Army declared 774 acres of property as <br /> <br /> <br />excess ( this includes the primary 455 acre development parcel, the Wildlife Corridor, the <br /> <br /> <br />uorth primer tracer area and the Rice Creek Corridor ). This declaration started a process <br /> <br /> <br />of disposal which eventually resulted in the City stating their desire to redevelop the <br /> <br /> <br />property through what is know as an early transfer process. This process will trausfer the <br /> <br /> <br />property from the U.s. Army, through the City acting as a conduit, to the private market. <br /> <br /> <br />The net result is the City acting as a controlling agent, between the U.S. Army's sale of the <br /> <br /> <br />property to a development group, resulting in establishing maximum control on environmental- <br /> <br /> <br />cleanup, land use, architectural design, creation ofrecreational amenities, preservation of wildlife <br /> <br /> <br />areas, and developing a project that maximizes the tax base that can be shared by all of the <br /> <br /> <br />community. The alternative would be a future sale on the open market that does not involve the <br /> <br /> <br />City. At that time the City would be in a reactive position and would only have land use control, <br /> <br /> <br />but little influence in creating the plan as envisioned in the "TCAAP Framework Vision." <br /> <br />2. <br /> <br />The City's involvement at this time guarantees the highest level of clean.up on the TCAAP <br /> <br /> <br />property and accelerates the time period when clean-up will occur. The inclusion of residential <br /> <br /> <br />development assures maximum clean-up based upon State regulations. If the U.S. Army were to <br /> <br /> <br />sell this outside of the early transfer process it could create a scenario where minimal levels of <br /> <br /> <br />clean-up are required if extensive warehousing or other types of industrial development occurred. <br /> <br /> <br />Another scenario would be the U.S. Army selling only portions of the properly and holding some <br /> <br /> <br />of the more polluted parcels far into the future until their budgets allow final clean-up. <br /> <br />3. The development of the TCAAP properly, at the level envisioned in the Framework Vision <br /> <br /> <br />process, is the culmination of the communities' goals and visions for the past ten years. Some of <br /> <br /> <br />these efforts include: <br /> <br />In 1994 Congressman Bruce Vento called for a special task force to review the entirety <br />of the 2,200 acre TCAAP site culminating in the "Vento Plan." <br /> <br />. In 1998 the City adopted modifications to the City's Comprehensive Plan, stating <br />guidelines on how the community wanted the TCAAP properly to be developed. <br /> <br />Page 2 of5 <br />l\EarthIPJanningIMisc FileslEDClexecutive summary - Copy with Council and EDC Strikeouts and Bold Text.doc <br /> <br />. <br /> <br />. <br /> <br />. <br />