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<br />February 11, 2008 <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 />Subject: <br /> <br />TCAAP Update <br /> <br />Acquisition of TCAAP Property <br /> <br />. On January 28, 2008, the City Council approved signing a letter with the GSA, Army and RRLD <br />outlining the agreed upon remediation credit categories. <br /> <br />. On February 5, 2008, the City, RRLD, GSA and Army had a conference call to discuss: <br /> <br />1. Setting the next face-to-face meeting. This meeting is tentatively scheduled for April 9-10, <br />2008, in Minneapolis at the office of Dorsey and Whitney (contingent on the exchange of <br />demolition hazardous material data and cost estimates scheduled for early March). <br /> <br />2. Reviewed the list of credit categories to determine what would be discussed at the meeting. <br />The following will be discussed: Review of a spreadsheet of subcategories of remedial <br />investigation costs and discussion on categories and types of costs to be included; RAP <br />implementation costs; status update on MPCA VIC Program guidance document for Vapor <br />Iutrusion; discussion on other associated environmental remediation costs; exchange of <br />demolition hazardous materials data and costs (possibly begin negotiations of credit amount) <br />and, status update on engineering research and analysis for the groundwater treatment facility <br />relocations. <br /> <br />3. Resume the attorney conference calls for drafting transfer documents. Attorneys for the City, <br />RRLD, the Army and GSA had a separate conference call and agreed to a plan to resume <br />these calls. Mike Comodeca put together a tentative schedule to have substantial drafts of the <br />transfer documents completed by October 1, 2008. <br /> <br />4. Schedule an exchange of demolition hazardous materials data and costs (to take place before <br />March 11, 2008); and <br /> <br />5. Provide an update on the status of the 7'h amendment to the OTP. We were informed that <br />Jolin Kelly would be executing it and sending a copy back to the City by the end of the week. <br /> <br />The next conference call is scheduled for March 11, 2008, to confirm the April meeting and <br />discuss any updates or information required for that meeting. <br /> <br />. The GSA and Army indicated that ATK will be responsible for cleaning up Sites I and K for the <br />Army. <br /> <br />Project Status Memo <br /> <br />I <br /> <br />