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<br />September 24, 2007 <br /> <br /> <br />EHLERS <br /> <br />Date: <br /> <br />LEADERS IN PUBLIC FINANCE <br /> <br />To: <br /> <br />City Council <br /> <br />From: <br /> <br />Stacie Kvilvang <br /> <br />Subj ect: <br /> <br />TCAAP Update <br /> <br />Acquisition of TCAAP Property <br /> <br />. On September II, 2007 the City, RRLD, GSA and Army had a conference call to discuss <br />building remediation and credits, demolition costs for abatement, water treatment facility and to <br />review status of other tasks assigned. Next meeting is scheduled for October 31, 2007 at Ryan's <br />offices. <br /> <br />. Mike Comodeca, the City's Environmental Attorney, met with RRLD's Environmental Attorney <br />on September 20, 2007 to prepare for the meeting they both will be attending in Washington on <br />September 26-27. They will meet with the GSA's legal counsel to discuss the FOST, FOSET, <br />MOA and insurance. <br /> <br />. The FOSET acreage based upon the most recent revision is 39.8 acres. <br /> <br />Environmental Characterization & Demolition <br /> <br />. The City is in the process of obtaining quotes from the City approved engineering pool to assist in <br />review of the environmental testing results and recommendations for remediation. If required, <br />the contract will be brought back to the City Council for approval in October. <br /> <br />Master Plan <br /> <br />. All design work is on hold until the City Council makes a determination on the preferred design <br />for Highway 10 and 96 (includes consultant contributions to the AUAR). <br /> <br />. On September 19,2007, Ehlers met with Ryan to go over their updated assumptions and numbers <br />based upon input from the City Council on desired density levels for both residential and <br />commercial development. In addition, Ehlers provided Ryan direction on level of detail and <br />information required in the vertical development proformas so an analysis could be completed on <br />those elements as well. It is anticipated that Ryan should have the updated information to Ehlers <br />by September 26, 2007. Once received, Ehlers will complete the analysis and send information <br />out to the City Council for review by the week of October 1st. A meeting with the City Council, <br />staff, consultants and RRLD will be scheduled for the first part of October to review the <br />information and answer questions. <br /> <br />AUAR <br /> <br />. A meeting to go over portions of the draft AUAR with the City Council is scheduled for October <br />22, 2007. <br /> <br />Project Status Memo <br /> <br />I <br />