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<br />~ <br />~~HILLS <br /> <br />Approved: 2/12/07 <br /> <br /> <br />CITY OF ARDEN HILLS, MINNESOTA <br />WORK SESSION MEETING <br />DECEMBER 11, 2006; 6:30 P.M. <br />ARDEN HILLS CITY COUNCIL CHAMBERS <br /> <br />CALL TO ORDER/ROLL CALL <br /> <br />Pursuant to due call and notice thereof, Mayor Beverly Aplikowski called to order the <br />work session meeting at 6:35 p.m. <br /> <br />Present: <br /> <br />Beverly Aplikowski, Gregg Larson, David Grant, Vincent Pellegrin, <br />Brenda Holden (arrived at 6:40) <br /> <br />Absent: <br /> <br />None <br /> <br />Also present were: City Administrator, Michelle Wolfe; Community Development <br />Director, Karen Barton; and Attorney Steve Bubul, Kennedy and Graven <br /> <br />Preliminarv Development Al!:reement Discussion- <br /> <br />Karen Barton stated that Steve Bubul from Kennedy and Graven law firm was here to provide an <br />update on the status ofthe preliminary development agreement with CRR, LLC. <br /> <br />Mr. Bubul distributed a snnunary of key-issues to the Council and discussed each issue: <br /> <br />. <br /> <br />Developer Mileposts <br />City and Developer's rights to terminate the Offer to Purchase <br />City Reimbursable costs and security <br />Developer Reimbursable costs <br />Rights of transfer <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />Councilmember Brenda Holden asked how the City reimbursable costs are calculated. <br /> <br />City Administrator Michelle Wolfe responded that the costs would be determined through <br />proposals and best estimates. <br /> <br />Councilmember Gregg Larson asked Mr. Bubul if there are any differences between this <br />preliminary development agreement and other agreements that he has put together in the past. <br /> <br />Mr. Bubul replied that the proposed preliminary development agreement is similar in many <br />ways, but different in regards to the scope and size of the project and the amount of money that <br />the developer is investing. <br />