Laserfiche WebLink
<br /> 0 ~ illN HlillS <br /> IMlIE IMl (Q) ~ffi\ INI [D) OJHMl <br /> iD) ffi\ 1r IE ~ January 3, 2007 W (Q) ~IK(~IE~~JI (Q) INI <br /> 1r (Q) ~ Mayor and City Council <br /> Michelle Wolfe, City Administrator <br /> [F~(Q)1Ml ~ Karen Barton, Community Development Director ~ <br /> S(LJJ[BUIE(c1r~ Preliminary Development Agreement Update <br /> [8\ aJ cc Ik ~ Il"<<JllUlIl'1l [j] <br /> In August 2006, the City submitted an Offer to Purchase (OTP) to the Army for the <br /> 0 purchase of 585 acres of excess land on the Twin Cities Army Ammunition Plant <br /> (TCAAP) property. The City is awaiting Congressional approval of the OTP, which is <br /> anticipated to occur prior to January 16, 2007. <br /> ID>n$CClUl$$niOlll'1l <br /> In preparation of the Congressional approval, the City is in the process of <br /> negotiating a preliminary development agreement (PDA) with our master <br /> developer, CRR, LLC. <br /> Mr. Steve Bubul of Kennedy and Graven will be at the work session to update <br /> Council on these negotiations and answer any questions you may have about the <br /> PDA. <br /> 0 <br />