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HomeMy WebLinkAbout2A, City - County Joint Powers Agreement for TCAAP ,- IQEN HILLS Request for Council Action 2A Prepared By: Patrick Klaers, City Administrator I Work Session Date: November 19, 2012 City—County Joint Powers Agreement for TCAAP Budgeted Amount: Actual Amount: Funding Source: Discussion Topic: Review City—County Joint Powers Agreement for TCAAP. Supporting Documents: 1. Memorandum from Patrick Klaers, dated November 19, 2012. EN HILLS MEMORANDUM DATE: November 19, 2012 TO: Honorable Mayor and City Council Members FROM: Patrick Klaers, City Administrator SUBJECT: City-County Joint Powers Agreement for TCAAP Background/Discussion At the November 13, 2012,regular City Council meeting, Council discussion took place on the proposed City-County Joint Powers Agreement(JPA) for the TCAAP site. This November 13th meeting was a follow up to the October 29, 2012, City Council work session on TCAAP. At the November 13th meeting, City Council feedback was received on the proposed JPA. Attached for your review is an updated red lined version of the JPA that reflects the Council comments from the November 13th meeting. Also at the November 13th meeting,the City Council indicated that it wanted a detailed review and discussion of various sections of the JPA. Accordingly,the City Council directed that the JPA be on this November 19, 2012, City Council work session agenda. Those who will be present at this work session to answer questions from the City Council regarding the JPA include City Staff Directors and Mike Norton, Kennedy & Graven, who is representing the City in the TCAAP negotiations with the County and who is the main author of the JPA. It is anticipated that at the Monday night work session I will have some information from the County to distribute on the sequence of events in 2013 if this JPA gets approved in 2012. Also, staff will have a map available to help explain the existing and planned trunk utilities situation. DRAFT COPY 11/815/12 JOINT POWERS AGREEMENT FOR THE REDEVELOPMENT OF THE TWIN CITIES ARMY AMMUNITION PLANT By and Between THE CITY OF ARDEN HILLS,MINNESOTA and THE COUNTY OF RAMSEY STATE OF MINNESOTA Dated as of: 12012 This document was drafted by: KENNEDY & GRAVEN, Chartered (MTN) 470 US Bank Plaza 200 South Sixth Street Minneapolis, MN 55402 Telephone: (612) 337-9300 409894910 MTN AR200-13 TABLE OF CONTENTS PREAMBLE ............................................................................................................................ 1 ARTICLE I Definitions Section1.1. Definitions ..........................................................................................................3 ARTICLE II Joint Development Authority Section2.1. Authorization......................................................................................................6 Section2.2. General Purpose.................................................................................................. 6 Section 2.3. Joint Development Authority .............................................................................6 ARTICLE III TCAAP Master Plan Section 3.1. Development of the AUAR and the TCAAP Master Plan; GeneralRequirements ...................................................................................... 11 Section 3.2. Elements of TCAAP Master Plan..................................................................... 11 Section 3.3. Amendment of the TCAAP Master Plan.......................................................... 14 Section 3.4. County Implementation Responsibilities.......................................................... 14 Section 3.5. City Implementation Responsibilities............................................................... 15 Section 3.6. Joint Responsibilities........................................................................................ 16 Section 3.7. Cost Allocation; Cost Recovery....................................................................... 16 Section 3.8. Development Site Cost Recovery Process........................................................ 17 Section 3.9. Additional Cost Recovery................................................................................. 17 ARTICLE IV Liability Section 4.1. Responsibility for Risks and Liabilities............................................................ 19 Section4.2 Insurance........................................................................................................... 19 Section 4.3. Liability Insurance............................................................................................ 19 Section 4.4. Worker's Compensation Insurance................................................................... 19 Section4.5. Requirements....................................................................................................20 ARTICLE V Default and Termination Section 5.1. Events of Default Defined................................................................................21 Section 5.2. Remedies on Default.........................................................................................21 Section 5.3. No Remedy Exclusive ......................................................................................21 i Section 5.4. No Additional Waiver Implied by One Waiver................................................21 Section 5.5. Termination; Additional Term..........................................................................21 Section 5.6. City Option to Purchase Upon Termination.....................................................22 Section 5.7. County Option Upon Termination....................................................................22 Section 5.8. Winding Up JDA Activities..............................................................................22 ARTICLE VI Additional Provisions Section 6.1. Conflict of Interests ..........................................................................................24 Section 6.2. Equal Employment Opportunity.......................................................................24 Section 6.3. Data Practices; Open Meeting..........................................................................24 Section 6.4. Titles of Articles and Sections..........................................................................24 Section 6.5. Notices and Demands.......................................................................................24 Section6.6. Severability.......................................................................................................24 Section6.7. Enforcement......................................................................................................25 Section6.8. Construction......................................................................................................25 Section 6.9. Entire Agreement..............................................................................................25 Section6.10. Counterparts......................................................................................................25 Section6.11. Recording..........................................................................................................25 Section 6.12. Representations of the Parties...........................................................................25 SCHEDULE A Depiction of TCAAP Site/Legal Description SCHEDULE B Elements of TCAAP Master Plan SCHEDULE C JDA Development Application Process SCHEDULE D JDA Fee Schedule ii JOINT POWERS AGREEMENT FOR THE REDEVELOPMENT OF THE TWIN CITIES ARMY AMMUNITION PLANT THIS JOINT POWERS AGREEMENT (the "Joint Agreement" or the "JPA") is made and entered into as of the day of , 2012, by and between the City of Arden Hills, a Minnesota municipal corporation (the "City") and the County of Ramsey, a political subdivision under the laws of Minnesota(the"County"). RECITALS A. The County of Ramsey (the "County") is the Purchaser under that certain Offer to Purchase, as Amended (the "OTP"), by and between the County and the United States of America, by the General Services Administration, as Seller ("GSA"), for a portion of the real property located in the City of Arden Hills (the "City") commonly referred to as the Twin Cities Army Ammunition Plant ("TCAAP"). (The real property which is the subject of the OTP contains approximately 430 acres of land and is referred to in this Joint Agreement as the "TCAAP Site"). The purpose of County for purchasing the TCAAP Site is to facilitate the clean up of existing environmental contamination, elimination of blight and the redevelopment of the TCAAP Site for new development pursuant to the TCAAP Master Plan, as defined below. B. Portions of the TCAAP Site contain environmental contamination as more fully described in existing environmental reports (the "Contamination"). The OTP provides for remediation of the Contamination pursuant to a lease from GSA to County. At the closing of the sale and purchase as provided in the OTP, GSA will convey to County ownership of fee title to the land, and related improvements, of the TCAAP Site that is not contaminated (the "Initial Conveyance"), and will lease to County the contaminated portions of the TCAAP Site (the "Lease Site"). Pursuant to the Lease, County will undertake and complete within the time period as agreed to by and between County and GSA, which is currently contemplated to be at least three years, the remediation of the Contamination to a level sufficient to permit redevelopment on the Lease Site (the "County Remediation" and "Remediation" as defined hereafter). Conveyance of ownership of good and marketable fee simple title to the entire TCAAP Site to County will take place when the County Remediation is finished(the "Final Conveyance"). C. The TCAAP Site also contains buildings and other improvements that are no longer useable, are blighting influences, and need to be removed for the TCAAP Site to be fully redeveloped (the "County Site Clearance" and"Site Clearance" as defined herein). D. The New Development (as defined below in these Recitals and in Section 1.1 below) requires significant investment by County to purchase the TCAAP Site and complete the County Remediation and County Site Clearance, significant investment by City to work with County to develop and implement the redevelopment plans to guide the New Development, and significant investment in public infrastructure by City and County pursuant to the TCAAP Master Plan(as defined below). 1 E. County and City (collectively the "Parties", individually a "Party") desire and intend that redevelopment of the TCAAP Site take place to remediate and eliminate blighting conditions and to make possible and result in significant amounts of New Development to provide employment opportunities, improve the tax base, and improve the general economy of the City, the local community and Ramsey County as a whole. The New Development will include the allocation by the Parties of the construction and financing of necessary off-site and on-site transportation improvements, as well as internal streets, water and sanitary and storm sewer and other public facilities and other public and private utilities and improvements to be located on the TCAAP Site (collectively, the "Public Improvements"). The Parties will develop plans to provide for a mix of residential, commercial, light industrial and other uses utilizing the Public Improvements (collectively, the Public Improvements and the uses proposed for the TCAAP Site comprise the "New Development"). The plans guiding the density, location and timing of implementation of the components of the New Development comprise the "TCAAP Master Plan", as further described below). F. The New Development will take place within the City. The New Development will require the participation of City to complete environmental review for the TCAAP Site as required by law, by means of a process described as alternative urban areawide review ("AUAR"), and application of the City's statutorily mandated planning and zoning authority to develop the TCAAP Master Plan. City will be required to implement its allocated portion of the Public Improvements on the TCAAP Site in a timely manner as identified in the TCAAP Master Plan, aand as provided hereafter. The effective and beneficial land use planning and guiding of the New Development, consistent with state statutes and regulations, City's comprehensive plan, zoning code and other applicable ordinances, and the ability to recapture City costs incurred in providing its allocated responsibilities for the Public Improvements to serve the TCAAP Site are matters of great interest and importance to City. G. The Parties recognize that their cooperation and collaboration are critical for accomplishing the New Development in a manner that is a timely, cost-effective and efficient use of public resources in order to a benefit the City, other local communities and Ramsey County as a whole. H. The Parties intend to exercise their respective authority granted by Minnesota Statutes § 471.59 (the "JPA Act") to establish a joint powers board to be named the "Joint Development Authority" (the "JDA") or such other name as the Parties may determine. The Parties intend that the JDA shall exercise to the extent permitted by the JPA Act, the general laws of the State of Minnesota , and Laws 2009, Chapter 88, §16 applicable to the TCAAP Site, the common powers of each Party for the redevelopment of the TCAAP Site as a governmental entity of the State. These powers include, but are not limited to, remediation of contamination and elimination of blight, infrastructure construction and financing, comprehensive planning and zoning, and redevelopment and economic development. Therefore, Be It Resolved by the Parties, that this Joint Agreement is made and agreed to as follows: 2 ARTICLE I DEFINITIONS Section 1.1. Definitions. Unless the context requires otherwise, for the purpose of this Agreement,the terms defined in this section shall have the meanings specified: Agreement means this Joint Powers Agreement as it may be amended, and the "Joint Agreement" or the "JPA". Alternative urban areawide review ("AUAR') means the environmental review for the TCAAP Site required by law and to be prepared by City as the responsible governmental unit (the "RGU"), which will guide the development and implementation of the TCAAP Master Plan. City means the City of Arden Hills, a political subdivision of the State of Minnesota. City Investment means the expenditures by the City necessary to undertake its identified responsibilities in support of the New Development, including, but not limited to, preparation of the AUAR and TCAAP Master Plan and construction of the City Public Improvements. City Public Improvements means construction by the City of the trunk or sub-trunk water mains, storm and sanitary sewer, new pfivate utilities and other public amenities identified Baas the City's direct responsibility in the TCAAP Master Plan, s,,e a „�, needed for the New Development. Commencement Date means January 1, 2013 for the implementation of this Joint Agreement, or such other date as the Parties shall mutually agree. County means the County of Ramsey, a political subdivision of the State of Minnesota. County Investment means the expenditures by the County necessary to undertake its identified responsibilities in support of the New Development, including, but not limited to, County Remediation, County Site Clearance, and County Public Improvements, and operations of the JDA. County Public Improvements means construction by the County of the Spine Road, off site transportation improvements and associated private utilities and relocation of existing private utilities on the TCAAP Site, all as described in Section 3.4. County Remediation means the process of addressing the environmental contamination on the TCAAP Site to be completed by County consistent with the requirements of the OTP and the Lease with the GSA. 3 County Site Clearance means the removal of buildings and other improvements that are no longer useable, are blighting influences, and/or need to be removed for the TCAAP Site to be fully redeveloped pursuant to the TCAAP Master Plan, to be accomplished by the County consistent with the requirements of the OTP and the Lease with the GSA. Developer Installed Improvements means the improvements within or serving a Development Site including public and private utilities streets trails and narks as described in a development agreement approved by the JDA, and as further described in Section 3.5.2. Developer Remediation means the process by a developer of addressing any remaining environmental contamination on a Development Site consistent with any applicable County Remediation or response action plan ("RAP"), in order for the Development Site to be fully redeveloped pursuant to the TCAAP Master Plan by a Developer. Developer Site Clearance means the removal by a developer of buildings and other improvements that are no longer useable, are blighting influences, and/or need to be removed for a Development Site to be fully redeveloped pursuant to the TCAAP Master Plan by a Developer, and consistent with any applicable County Site Clearance, or response action plan ("RAP"). Development Site means a parcel (or parcels) of land on the TCAAP Site identified in the TCAAP Master Plan for location of the New Development as approved by the JDA. Market Study means the study to be prepared by the County designed to account for market considerations and assist the Parties to forecast the need and desirability of the elements of the New Development, which will guide the development and implementation of the TCAAP Master Plan. New Development means off-site and on-site transportation improvements as well as internal streets, water and sanitary and storm sewer and other public facilities (collectively the "Public Improvements" as defined in this Section) designed to support the approved mix of commercial, industrial and residential development authorized by the TCAAP Master Plan. Parties or a Party means the City and County collectively or individually. Plan Amendment means the process identified in Section 3.3.6 required to amend the TCAAP Master Plan. Public Improvements means the construction and financing of necessary off-site and on- site transportation improvements, as well as internal streets, water and sanitary and storm sewer and other public facilities and other public and private utilities and improvements to be located on the TCAAP Site and to be constructed by the City and County as described herein. Shared Public Improvements means the design, construction and financing of the TCAAP Site storm water retention pond system to be developed as part of the Public Improvements, and 4 any other public infrastructure improvements determined by the Parties to require, or be appropriate for, shared responsibility. TCAAP means the Twin Cities Army Ammunition Plant. TCAAP Joint Development Authority means the joint development agency ("JDA) created by the Parties to develop and implement the TCAAP Master Plan. TCAAP Master Plan means the plans, official controls and map guiding the density, location and timing of implementation of the components of the New Development on the TCAAP Site, as further defined in the Recitals above and Article III below of this Joint Agreement. TCAAP Site means the real property which is the subject of this Joint Agreement and which contains approximately 430 acres of land where the New Development is proposed, as depicted on attached Exhibit A. Term means the Initial Term of this Joint Agreement ending in 2038 as provided in Section 5.5 of this Joint Agreement; and any Additional Term as defined therein (The remainder of this page left intentionally blank) 5 ARTICLE II JOINT DEVELOPMENT AUTHORITY Section 2.1. Authorization. City and County each certify that the authority to enter into this Joint Agreement has been established by a resolution approved by the governing body of each Party. This Joint Agreement is effective as of the date first stated above in the caption of this Joint Agreement and shall continue in force until modified or terminated by the Parties as provided herein. Section 2.2. General Purpose. Pursuant to the authority of the Joint Powers Act, the Parties desire and intend that the redevelopment of the TCAAP Site take place to remediate and eliminate blighting conditions and to make possible and result in significant amounts of new development (the "New Development" as further defined below). The New Development will include the allocation by the Parties of the construction and financing of necessary off-site and on-site transportation improvements, as well as internal streets, water and sanitary and storm sewer and other public facilities and other public and private utilities and improvements to be located on the TCAAP Site (collectively, the "Public Improvements"). The Parties will develop plans to provide for a mix of residential, commercial, light industrial and other uses utilizing the Public Improvements (collectively, the Public Improvements and the uses proposed for the TCAAP Site comprise the "New Development"). The plans guiding the type, density, location and timing of implementation of the components of the New Development comprise the "TCAAP Master Plan", as further described in this Joint Agreement. The goals of the New Development are to redevelop the TCAAP Site to provide employment opportunities, improve the tax base, and improve the general economy of the City, the local community and Ramsey County as a whole. Section 2.3. Joint Development Authority. Pursuant to the authority of the Joint Powers Act and this Joint Agreement, the Parties hereby create a joint powers board titled the TCAAP Joint Development Authority (the "JDA"). The purpose of the JDA is to exercise to the extent permitted by the Joint Powers Act and the general laws of the State, the authority found in Laws 2009, Chapter 88, §16 applicable to the TCAAP Site and the common powers of each Party for the redevelopment of the TCAAP Site. These activities to be conducted under this authority include, but are not limited to, environmental remediation, elimination of blight, infrastructure construction and financing, comprehensive planning and zoning, and economic development and redevelopment. 2.3.1. JDA Board Membership. The JDA Board shall consist of five (5) members appointed as provided in this Section(also "the "Board"). Each Party shall appoint two (2) members from its respective governing body. City shall also appoint to the Board a suitable non-elected official member to serve as the Chair of the JDA Board. The term of each member shall be a two (2) year term; co-terminus with each member's elected or appointed term of office. In the case of a vacancy on the Board of a member from either Party, that Party shall appoint a new member to fill the respective vacancy for the remainder of that term. Each 6 member shall serve until their successor is appointed and qualified as provided by each Party. Each member shall serve without compensation; however each Party may determine whether to pay per diem to their respective members pursuant to their own policy and procedures. 2.3.2. JDA Board General Authority. The JDA Board shall have the general authority as described in this Section: a. The JDA Board shall annually elect a Vice Chair to serve in the absence of the Chair. The Vice Chair shall be a member appointed by the County. b. The JDA Board shall adopt its own bylaws and rules of procedure to govern its activities and guide the setting, holding and cancellation of meetings. The Board may appoint committees or sub-committees. The Board shall meet monthly at such times and places as determined by the Board and as provided in its bylaws or rules of procedure. Special meetings may be called by the Chair or any two other members. The JDA shall keep minutes of all proceedings. A majority of all the members shall constitute a quorum. A simple majority vote of the members present at a meeting with a valid quorum shall be required for the JDA to take action, unless otherwise provided in this Joint Agreement or by law. All meetings of the JDA, its committees and sub- committees shall be governed by the Open Meeting Law and the Data Practices Act. C. Each member of the JDA Board shall have one vote. d. Each Party may also name an alternate appointee to serve in the capacity as a substitute for any member appointee of that Party (and who meets the qualifications for membership on the Board), in the event a member appointee is unable to attend a scheduled meeting of the JDA or any committee or subcommittee thereof. Such substitute appointee shall also have the right to vote on any action requiring a vote of the member appointee, including all substantive as well as procedural actions, when performing as a substitute for a regular member. 2.3.3. Finances. Until the JDA commences operations subsequent to approval of this Agreement each Party will be responsible for payments out of their respective budgets for their own staff costs as well as any per diem and other expenditures for those staff. Upon approval of this Agreement County shall fund the initial and ongoing expenses of the JDA. Consistent with its policies, County shall serve as the fiscal manager/agent for the JDA and assist in setting up such accounts as necessary for the JDA to conduct its activities ("Fiscal Agent"), as provided below and as shown on attached Schedule E. 2.3.3.1. The JDA may establish independent JDA bank accounts, to be managed by the Fiscal Agent, into which all revenue receipts generated by and belonging to the JDA, including the Annual Contribution by the County and those proceeds which the Parties may authorize to be borrowed as interfund loans, shall be deposited intact to the credit of such JDA accounts. 7 2.3.3.2. No disbursements shall be made from such accounts except by check or Electronic Funds Transfer (EFT), nor unless a verified claim for services and/or commodities actually rendered or delivered has been submitted to and approved for payment by the JDA. 2.3.3.3. No disbursements shall be made from such accounts for non-JDA expenses and purposes. Payment and disbursement of funds by check or withdrawal shall require the signatures of the Chair of the JDA and the individual designated by the County to assist in JDA fiscal matters, which shall be the Director of Finance or designee. 2.3.3.4. Revenue collected by the JDA shall be paid to the Parties as described in Section 3.7. 2.3.4. Annual Budget. Dufing the jDA's initial stat4 h n '"* ��1 1J LU< will be responsible fef payments etA of theif r-espeetive budgets for- theif ey,% staff 7 as well as any per- diem and ether- expendittifes fer-these staff-. Gettn4y shall fund the initial and engeing by the .The JDA shall prepare an annual budget and submit it to the Parties as provided in this section. 2.3.4.1. With the first annual budget-fequest and in subsequent years, the JDA shall each year prior to May 1, and in d t ien with the p A s' budget"'�""'" pree-ess-,j prepare an annual operations budget that estimates funding required by the JDA to conduct its business over the next calendar year. The JDA shall coordinate its budget process with the Parties' budget planning process Prior to September 1 of each year, the JDA shall, after its review and approval, submit the annual budget to the City and County. The budget shall be substantially balanced. The budget shall follow the format as established by the JDA after consultation with the City Finance Director and the County Director of Budget and Finance, and at a minimum provide the following information: (1) Estimated Revenues, divided as follows: a. Any Grant monies, private, State or Federal b. Revenues from Application fees C. Revenues from Permit fees d. Gei4f ibution-Contributions from Q-ty ounty e. Cefit-r-ibutien fr-oi%Geur�fl. Reserves gf. Developer escrow/fees leg. Miscellaneous revenues (2) Estimated Expenditures, divided as follows a. Personnel services b. Contract Consultant Services i. Legal ii. Engineering 8 iii. Fiscal/Audit, including the Fiscal Agent iv. Planning v. Administrative C. Services other than personnel or consultants d. Supplies and materials e. Office administration, e.g., phones, supplies f. Capital Outlay (incl. Office and Building rent if applicable, equipment such as phones and computers) g. Payment of invoices for City and County Investment pursuant to the Cost Recovery Formula as provided in Section 3.7. h. Miscellaneous expenditures 2.3.4.2. The Parties may determine that a service or services as described above are available from a Party and direct the JDA to purchase such service from that Party at that Party's cost, with payment to be made by the JDA from its authorized funds. 2.3.4.3. The proposed annual JDA budget shall be reviewed and approved by the Parties whose final decisions (approvals) shall be reported back to the JDA by November 15 (preceding the ensuing calendar/fiscal year). Thereafter the JDA shall adopt the budget approved by the Parties. 2.3.4.4. The JDA may incur expenses and make expenditures that may be necessary to the effectuation of its purposes and powers, in conformance with the statutory requirements applicable to contracting and purchasing practices of the Parties, the approved annual budget and this Joint Agreement. 2.3.5. Taxes. The JDA itself shall not levy taxes, issue bonds or independently borrow money, and it shall not approve any claims or incur any obligations for expenditures unless there is unencumbered cash in the appropriate JDA accounts described herein, to the credit of the JDA with which to pay the same, or as otherwise approved by the Parties. Any surplus in revenues over the cost of operating expenses of the JDA and associated activities described under this Joint Agreement, may be transferred by the JDA to the Parties as provided hereafter in Section 3.8. However, surplus revenues may remain in the control of the JDA, deposited in JDA accounts and reported annually in the subsequent year's budget submission. 2.3.6. Interfund Loans. Notwithstanding the prohibition against independent borrowing, the JDA may borrow money from the Parties in the form of interfund loans to the extent that such loans are not made from dedicated funds or from funds or monies otherwise encumbered, subject to the mutual consent and approval of the Parties, and subject to the terms and conditions of repayment agreed to by the Parties. 2.3.7. Personnel. Unless otherwise approved by the Parties, the staff of the JDA shall be the City Administrator and the County Manager, or their designees. Each Party may also designate additional staffing as it deems appropriate or as requested by the JDA. The JDA may hire consultants including independent legal. engineering, planning and development consultants to assist in the development of the TCAAP Master Plan and amendments and 9 revisions thereto, preparation of financing plans, marketing plans, developer proposals, the marketing and sale of Development Sites pursuant to the RFP process described in Section 3.2.4, and other matters which address growth and development on the TCAAP Site. 2.3.8. Reports. The JDA shall prepare an annual report at the end of each calendar/fiscal year and submit such report to the Parties not later than February 15 of the succeeding calendar/fiscal year. The JDA shall also prepare and present to federal and state officials such reports and audits as may be required by law, regulation, or contract. 2.3.9. Public Process. The JDA shall develop extensive mechanisms for public involvement in any planning or review process, including the preparation and approval of the TCAAP Master Plan and approval of development agreements. All public meetings and hearings shall be conducted as required by law. The JDA shall take into consideration the concerns, issues and desires of each Party's governing body in on-going planning initiatives, discussions and process. 2.3.10. Other Authority. The JDA shall have such other authority under the general laws of Minnesota to carry out its purposes unless otherwise determined by the Parties. Where deemed by the Parties to be more convenient, the authority of the JDA may be exercised by the more appropriate Party. 2.3.11. Dispute Resolution. The Parties shall use good faith to attempt to resolve any dispute. Upon agreement, the Parties may also use any available dispute resolution process. (The remainder of this page left intentionally blank) 10 ARTICLE III TCAAP MASTER PLAN Section 3.1. Development of the AUAR and the TCAAP Master Plan; General Requirements. The TCAAP Master Plan will provide for development phasing, taking into account market considerations as well as the financing and investment needs and capacity of County as the purchaser of the TCAAP Site, County's obligations to complete the County Remediation and County Site Clearance, and the financial commitment of both Parties for the Public Improvements. City will prepare the AUAR in conjunction with the preparation of the TCAAP Master Plan, as provided in this Article III, including the hiring of any planning and engineering or other consultants it deems reasonably necessary to prepare the AUAR and the TCAAP Master Plan. The City will exert its best efforts to complete the AUAR within eighteen (18) months of the effective date of this Joint Agreement, and to complete the TCAAP Master Plan within six (6) months of the adoption of the AUAR, but not later than twenty-four (24) months of the effective date of this Joint Agreement for completion of the AUAR and the Master Plan. 3.1.1. City Development Standards. The Parties will work cooperatively to assure that the City's development standards and goals expressed in its comprehensive plan and zoning code, as each may be amended, are incorporated into the TCAAP Master Plan to enable the JDA to proceed with timely development of the TCAAP Site 4ffeugh the Development Site pr-eeess deser-ibed speeifiea4ly in Seetions 3.2.2 4ffetigh 3.2.6 below and generally in this AAiele H—and-Qth n, nt to this oifA provided in this Agreement. The Parties recognize that upon purchase of the TCAAP Site andCounty may desire to pursue development of a Development Site prior to completion of all the County Remediation and the adoption of the TCAAP Master Plan; 4. It is in the interest of the Parties for redevelopment of TCAAP to occur timely and responsively to market demand, whieh ay. As a result i development of a Development Site(s) may occur before completion of the TCAAP Master Plan to the extent there are roads and public utilities available to serve the selected Development Site. In such event the Parties and JDA will proceed in accordance with this Joint Agreement to the extent feasible, recognizing that the City comprehensive plan and zoning ordinance shall guide and control such proposed development pending completion of the TCAAP Master Plan. 3.1.2. Approval of TCAAP Master Plan. Upon presentation of the TCAAP Master Plan as prepared pursuant to this Article 111, the Parties shall review, comment, suggest revisions and reasonably exercise their discretion to approve the TCAAP Master Plan in a timely manner. The TCAAP Master Plan shall be approved by means of a resolution of each Party's governing body prior to its implementation by the JDA. Section 3.2. Elements of TCAAP Master Plan. The City shall direct its staff and consultants to prepare the TCAAP Master Plan at Citv expense. The TCAAP Master Plan shall specify the planning requirements for the TCAAP Site consistent with the City's current 11 approved comprehensive plan and official controls in the zoning code, and as such may be amended,, in conjunction with the TCAAP Master Plan as it is initially developed. 3.2.1. Planning Elements. The TCAAP Master Plan shall include the following planning elements and as further provided in Schedule B: a. Definition of the public engagement process; b. Land Use Component; C. Circulation and Movement Component; d. Utilities Component; e. Environmental Remediation Component; f. Parks and Open Space Component; g. Implementation Plan; and h. Regulatory Plan Upon adoption by the Parties, the TCAAP Master Plan shall be an element of the City's approved comprehensive plan, and the City shall take all necessary actions to conform zoning code provisions applicable to the TCAAP Site to the TCAAP Master Plan. 3.2.2 Implementation Authority. Except as otherwise provided under this Joint Agreement, the JDA shall apply the TCAAP Master Plan and serve as the "governing body" for purposes of the implementation of the applicable sections of Minnesota Statutes §§ 462.357 — 462.365 with reference to developer initiated requests for approval of the redevelopment of a Development Site. The TCAAP Master Plan shall incorporate the planning and zoning authority of the City authorized by Minnesota Statutes §§ 462.357-462.358 and implement that authority as follows: a. Provide for development phasing, taking into account market considerations as well as the financing and investment needs and capacity of County as the purchaser of the TCAAP Site, County's obligations to complete the County Remediation and County Site Clearance, and the financial commitment of the Parties for the Public Improvements. b. The use of planned unit development (PUD) authority to implement development of the permitted uses; C. Dedication of land for public rights of way, public and private utility easements and park dedication; 12 d. Subdivision of the TCAAP Site and the platting of parcels and lots consistent with the requirements of general law and the policies and procedures of the Ramsey County Recorder and Registrar of Titles; e. The use of development agreements to embody the conditions of approval of development and the implementation of New Development on Development Sites; 3.2.3. Fees. The JDA is authorized to impose the customary fees used by City in its redevelopment activities. The JDA will develop a fee schedule and implement the fee schedule subsequent to approval by the Parties (Schedule W. 3.2.3.1. Pursuant to Minnesota Statutes Section 462.353, the JDA may prescribe fees sufficient to defray the costs incurred by it in reviewing and investigating an application for a permit or other approval required under an official control established pursuant to the TCAAP Master Plan and this Joint Agreement. The JDA may charge the applicant for direct costs relating to professional services provided during the review, approval and inspection of the project, and may require the applicant to establish an escrow account or other financial security for the purpose of reimbursing the JDA for those costs. Such fees or fee schedule must be established by resolution of the Board subsequent to approval by the Parties, and be fair, reasonable, and proportionate and have a nexus to the actual cost of the service for which the fee is imposed. The fee schedule shall contain the elements described at Schedule D. 3.2.3.2. The JDA may exercise the authority in Minnesota Statutes Chapter 444 to develop and implement the Public Improvements necessary to serve the New Development, including but not limited to implementing a system of charges authorized therein to develop and maintain the Public Improvements. Such authority may also be exercised by the City on behalf of the JDA if the Parties determine it is more appropriate to do so. 3.2.3.3. The JDA may exercise the authority in Minnesota Statutes Chapter 429 to specially assess for the Public Improvements necessary to serve the New Development. Such authority may also be exercised by the City on behalf of the JDA if the Parties determine it is more appropriate to do so. 3.2.4. RFP Process. The JDA will implement a developer RFP process to facilitate development of each Development Site. Upon recommendation by staff and consultants that the proposed developer and its project are in substantial conformance with the TCAAP Master Plan, the JDA will approve the respective project, and communicate its decision to the developer and the Parties. 3.2.5. Approval of Development Agreements. The JDA shall review and finally approve all development agreements for a Development Site which are consistent with the TCAAP Master Plan. The JDA shall develop a process for review of development applications consistent with Schedule C. 13 3.2.6. City and County Responsibilities. Upon approval of a development agreement, the Parties shall consider such approval and take all actions necessary to implement the approved development agreement. 3.2.6.1. County will take all actions necessary and convenient to sell the respective parcel of land with good and marketable title. 3.2.6.2. City will take all actions necessary to conduct and complete any additional approval process identified by the JDA as necessary or appropriate to implement the development agreement. Section 3.3. Amendment of the TCAAP Master Plan. The Parties recognize that the passage of time, market forces and other applicable, but unforeseen events may require future amendments to the TCAAP Master Plan. Depending on the facts and issues relevant at that time, a proposed amendment could be either a major or minor amendment of the TCAAP Master Plan. In the event the Parties or the JDA believe that the TCAAP Master Plan should be amended to implement the New Development, such amendment shall be referred to the City and County for review and comment and for determination of whether the proposed amendment is a major or minor amendment. 3.3.1. Major Amendment. A major amendment is a proposed amendment which requires City to amend its comprehensive plan. If City finds that its comprehensive plan does not currently permit such amendment, City shall determine whether to amend its comprehensive plan with respect to the TCAAP Site to implement the proposed amendment, and consult with County on its decision. Thereafter, if City amends its comprehensive plan to implement the proposed amendment, the proposed amendment shall be considered by County for its approval. Upon County approval, the proposed amendment shall be adopted iri`�o the TCAAP Master Plan. 3.3.2. Minor Amendment. A minor amendment does not involve an amendment to City's comprehensive plan, but relates to issues including but not limited to the location of public infrastructure or public amenities proposed to serve a Development Site; a change in location or density within a Development Site or other similar modification deemed desirable by the JDA to implement the New Development. The JDA shall recommend such minor amendment to the Parties, and if approved by the Parties, the TCAAP Master Plan shall be modified consistent with the approved amendment. Section 3.4. County Implementation Responsibilities. County will complete its obligations and responsibilities to assist in the implementation of the TCAAP Master Plan as described in this Section 3.4. 3.4.1. Acquisition of TCAAP Site. County will acquire the TCAAP Site and be responsible for completing the County Remediation within the time period established in the OTP. County will use its own resources and seek and obtain resources from other agencies and entities to fund the County Remediation. The County Remediation will take place in an orderly manner and will be pursued to completion pursuant to the OTP and the Lease. 14 3.4.2. County Site Clearance. County is responsible for causing the County Site Clearance to take place, using its own resources and any other resources that may become available through the development process. County Site Clearance will take place in a phased, orderly manner, consistent with the TCAAP Master Plan. County may elect to expedite the County Site Clearance, and will use its good faith efforts to complete the County Site Clearance in accordance with the goals for the phasing and timing thereof set out in the TCAAP Master Plan, or upon agreement of the Parties if the Master Plan has not then been approved by the Parties. 3.4.3. County Public Improvements. County will construct the Spine Road at County expense and coordinate the relocation and installation of private utilities (the "County Public Improvements") with City's installation of trunk utilities as part of its allocated elements of the Public Improvements. The TCAAP Master Plan will provide further specificity as to the desired schedule and goals for completing the respective elements of the Public Improvements described therein. 3.4.4. Off-site Transportation Improvements, Utilities. County has the responsibility for causing the off-site transportation improvements and associated private utilities element of the Public Improvements to be constructed. It is the Parties' the intent that the Public Improvements be constructed in accordance with a desired schedule and goal for completion set forth in the TCAAP Master Plan, and that in all instances to be timely constructed and phased to provide adequate transportation facilities for the New Development as it occurs. 3.4.5. Maintenance Plan. County will develop and implement a maintenance plan for its elements of the Public Improvements. 3.4.6. County Remediation. County will complete the County Remediation as described in the OTP and Lease. Section 3.5. City Implementation Responsibilities. City will complete its obligations and responsibilities to assist in the implementation of the TCAAP Master Plan as described in this Section 3.5. 3.5.1. AUAR. City has the legal authority as the responsible governmental unit ("RGU" , for the development of the AUAR. City will coordinate the results of the AUAR with the Market Study and City's comprehensive plan and the m order to develop the TCAAP Master Plan in order- to guide the New Development as eudinedwill be provided in the TCAAP Master Plan. City will exert its best efforts to complete the AUAR within eighteen (18) months of the effective date of this Joint Agreement, and to complete the TCAAP Master Plan within six (6) months of the adoption of the AUAR, but not later than twenty-four (24) months of the effective date of this Joint Agreement for completion of the AUAR and the Master Plan. 3.5.2. City Public Improvements. City has responsibility for the construction of the City Public Improvements. City shall have the oversight authority to insure that Developer Remediation— and Site Clearance, Developer Installed 15 Improvements such as water mains, storm and sanitary sewer, new private utilities and other identified public amenities element of the Public Improvements within or serving a Development Site and described in a development agreement ( "Developer- histal°`' r " eveme:-ts") are constructed pursuant to the TCAAP Master Plan and the respective development agreement. It is the Parties' intent that the Public Improvements and Developer Installed Improvements be constructed in accordance with a desir-ed schedule-and-goal for completion set forth in the TCAAP Master Plan, and in all instances to be timely constructed and phased to provide adequate utilities for the New Development as it occurs. However, unless otherwise agreed by the Parties, the City will not construct the water mains, storm and sanitary sewer elements of the City Public Improvements unless those costs can be charged to a developer pursuant to the City's petition process. 3.5.3. Code Enforcement. The City has the legal authority and responsibility for building code enforcement and site development monitoring as provided in the TCAAP Master Plan to assure development in accordance with the terms of the TCAAP Master Plan and the JDA RFP process for developing Development Sites described above. Section 3.6. Joint Responsibilities. The Parties will complete their joint obligations and responsibilities in a timely manner. Where deemed by the Parties to be more appropriate, the authority necessary for the redevelopment of the TCAAP Site as provided in this Joint Agreement may be exercised by the more appropriate Party as determined by the Parties. 3.6.1. Legislative Authority. The Parties will jointly request legislative bonding authority or other financing for the off-site transportation improvements as agreed upon by the Parties, and other initiatives with the Legislature deemed necessary for implementation of the TCAAP Master Plan, including the construction of the County and City Public Improvements. The Parties shall agree on a reasonable allocation of such funds to the City and County Improvements. 3.6.2. Coordination of Public Improvements. The Parties will coordinate the timing of the Public Improvements which are their separate responsibility to facilitate the staged redevelopment of the TCAAP Site pursuant to the TCAAP Master Plan. Each Party, with review and comment by the other Party, may elect to construct public improvements in advance of any identification of a Development Site or Sites. The Parties shall determine whether land for public amenities such as parks and trails shall first be dedicated by the County, or dedicated by developers as the New Development is implemented. The Parties will recover their costs when New Development takes place to the maximum extent feasible pursuant to Section 3.7. Section 3.7. Cost Allocation, Cost Recovery. The Parties will be undertaking activities in support of the New Development and operations of the JDA which will require extensive public financial investment. It is the intent of the Parties that their respective investment be recovered to the maximum extent feasible (respectively "County Investment" and "City Investment" as defined in Section 1.1). The Parties will determine the respective cost allocation for the Shared Public Improvements, including the storm water pond retention system currently considered a likely requirement for the New Development. 16 3.7.1. County Cost Recovery. The County will recover the County Investment for the acquisition of the TCAAP Site, County Site Clearance, County Remediation, County Public Improvements, Off-site Transportation Improvements and the operations of the JDA primarily through the sale of land on the TCAAP Site. Not with standing the schedule and goals stated in the TCAAP Master Plan, unless otherwise agreed to by the Parties, the County Public Improvements shall be constructed when a Development Site is approved by the JDA, sold by County to the selected Developer, and the selected Developer agrees to financially participate in the extension of the respective County Public Improvements. 3.7.2. City Cost Recovery. City shall recover the City Investment for the trunk utilities and sub-trunk utilities (serving a Development Site), each elements of the City Public Improvements, and the preparation of the AUAR and TCAAP Master Plan. 3.7.2.1. City shall recover the City Investment for the trunk utilities and sub-trunk utilities when a Development Site is approved by the JDA, and the selected Developer agrees to financially participate in the extension of the respective City Public Improvements pursuant to City's petition process. 3.7.2.2. City shall recover the cost of the preparation of the AUAR and TCAAP Master Plan through a fee or surcharge on building permits or other approvals issued by City for the New Development as further described in Section 3.7.3 below. 3.7.2.3. Other City costs for serving Development Sites, including other public infrastructure such as parks, shall be pursuant to a development fee structure as described at Schedule D. The development fees shall be imposed by the JDA on developers pursuant to approved development agreements; special assessments; and park dedication fees as may be necessary for a Development Site. 3.7.2.4. City shall retain all fees for services relating to building permit and code enforcement activities performed on the TCAAP Site, as well as park dedication fees imposed by the JDA.. 3.7.2.5. Not with standing the schedule and goals stated in the TCAAP Master Plan, unless otherwise agreed to by the Parties, the trunk utility and sub-trunk utilities elements of the City Public Improvements serving a Development Site shall be constructed when a Development Site is approved by the JDA, and the selected Developer agrees to financially participate in the extension of the respective City Public Improvements. 3.7.3. City Cost Recovery Formula. City shall develop an equitable formula for the purpose of recovering the City Investment for the cost of the preparation of the AUAR and TCAAP Master Plan. The formula shall be applied to a Development Site and may be determined by City as follows: (i) on a per acre basis of a Development Site compared to the developable acreage of the TCAAP Site;(ii) a per acre basis on classes of land uses on the TCAAP Site or a Development Site; (iii) the value of the proposed development on a Development Site;(iv) or other reasonable formula (the "Cost Recovery Formula"). The Cost Recovery Formula may be a fee or surcharge attached to the building permit or other approval 17 issued by City for a Development Site, and collected by City as part of the building permit review process. Section 3.8. Development Site Cost Recovery Process. The JDA shall impose the usual and customary development fees for a Development Site as provided in Section 3.2.3, and as described at Schedule D. Such fees shall be used by the JDA to pay the costs of the development review process, purchase services from the Parties or consultants necessary and convenient for the review of Development RFPs and applications for Development Sites. Section 3.9. Additional Cost Recovery. The Parties shall determine a reasonable method to distribute any funds generated by the redevelopment of the TCAAP site which are not specifically allocated as provided in this Section. 3.9.1. Non-Allocated Costs. Each Party shall be responsible for its respective costs and expenses not otherwise specifically allocated in this Joint Agreement, including but not limited to costs incurred in the preparation of this Joint Agreement, or costs for any other agreements or documents determined by the Parties to be necessary and convenient as the Parties move forward to implement this Joint Agreement. (The remainder of this page left intentionally blank) 18 ARTICLE IV LIABILITY Section 4.1. Responsibility for Risks and Liabilities. Each Party shall be liable for its torts and the torts of its employees, agents and consultants in undertaking its respective individual responsibilities as described in this Joint Agreement. Notwithstanding any language to the contrary in this Joint Agreement, the Parties agree that liability arising out of the activities of the JDA and the Parties shall be subject to the requirements of Minnesota Statutes Section 471.59, subdivision la., as it may be amended. Section 4.2. Insurance. The Parties intend that the JDA be insured for its tort liability and general liability as a joint powers board. The Parties shall coordinate the insurance coverage and carriers, and allocate such responsibility pursuant to advice from its carriers, or as determined by its self-insurance advisors as the case may be. Any costs for insurance by the Parties for their respective coverage as a member of the JDA shall be the responsibility of that Party. The costs of sue-13� ee-shy b.r Gen4r-ibt4eninsurance for the JDA shall be the responsibility of County. The JDA shall be insured as follows: 4.2.1. Comprehensive general liability insurance with limits against bodily injury and property damage of not less than $1,500,000 for each occurrence. 4.2.1. Workers' Compensation insurance providing statutorily required coverage. 4.2.3. Each Party shall primarily insure its staff assigned to the JDA and be primarily liable for injuries to its employee(s) while performing duties on behalf of the JDA. 4.2.4. The Parties intend that to the extent JDA activities take place on property owned or controlled by a Party, the JDA shall assume primary liability for injuries or death to any person, or any property damage that may occur. 4.2.4. At such time as the JDA may be authorized by the Parties to hire and retain employees, the JDA shall procure insurance as required by this Article and become primarily liable for injuries to and the tort liability of such employees. Section 4.3. Liabilitv Insurance. Each Party agrees that it shall, at its own expense, carry and maintain in full force and effect during the Initial Term and any Additional Term of this Joint Agreement (as Term and Additional Term are defined in Section 5.5 below) comprehensive public liability insurance, including personal injury liability coverage, in amounts which meet or exceed the maximum liability limits per claim or any number of claims per occurrence under Minnesota Statute Section 466.04, Laws of Minnesota 2012 or as thereafter amended, to address that Party's liability arising out of its respective activities under this Joint Agreement. 19 Section 4.4. Worker's Compensation Insurance. Each Party shall, at its own expense, obtain and maintain in full force and effect during the Initial Term and any Additional Term of this Joint Agreement worker's compensation insurance providing statutorily required coverage for any and all of its employees that it assigns to work for or on behalf of the JDA. Section 4.5. Requirements. All insurance required by this Section shall be taken out and maintained in responsible insurance companies authorized under the laws of the State of Minnesota to assume the risks covered thereby. Upon request, each Party will deposit annually with the other party policies evidencing all such insurance or a certificate or certificates or binders of the respective insurers stating that such insurance is in full force and effect. Unless otherwise provided in this Article IV of this Joint Agreement, each policy shall contain a provision that the insurer shall not cancel or modify it in such a way as to reduce the coverage provided below the amounts required herein without giving written notice to the Parties at least thirty (30) days before the cancellation or modification becomes effective. In lieu of separate policies, a Party may maintain a single policy, blanket or umbrella policies, or a combination thereof, having the coverage required herein, in which event the Party shall deposit with the other Party a certificate or certificates of the respective insurers as to the amount of coverage in force. (The remainder of this page left intentionally blank) 20 ARTICLE V DEFAULT AND TERMINATION Section 5.1. Events of Default Defined. The following shall be "Events of Default" under this Joint Agreement and the term "Event of Default" shall mean, whenever it is used in this Joint Agreement (unless the context otherwise provides), any failure by any Party to observe or perform any other covenant, condition, obligation or agreement on its part to be observed or performed hereunder, or under the terms of this Joint Agreement. Section 5.2. Remedies on Default. Whenever any Event of Default referred to in Section 5.1 of this Joint Agreement occurs, the non-defaulting Party may exercise its rights under this Section 5.2 after providing thirty days written notice to the defaulting Party of the Event of Default, but only if the Event of Default has not been cured within said thirty days or, if the Event of Default is by its nature incurable within thirty days, the defaulting Party does not provide assurances reasonably satisfactory to the non-defaulting Party that the Event of Default will be cured and will be cured as soon as reasonably possible: a. Suspend its performance under the Agreement until it receives assurances that the defaulting Party will cure its default and continue its performance under the Agreement. b. Take whatever action, including legal, equitable or administrative action, which may appear necessary or desirable to collect any payments due under this Agreement, or to enforce performance and observance of any obligation, agreement, or covenant under this Agreement. Section 5.3. No Remedy Exclusive. No remedy herein conferred upon or reserved to the Parties is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Agreement or now or hereafter existing at law or in equity or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle a Party to exercise any remedy reserved to it, it shall not be necessary to give notice, other than such notice as may be required in this Article V. Section 5.4. No Additional Waiver Implied by One Waiver. In the event any agreement contained in this Joint Agreement should be breached by either Party and thereafter waived by the other Party, such waiver shall be limited to the particular breach so waived and shall not be deemed to waive any other concurrent, previous or subsequent breach hereunder. Section 5.5. Termination; Additional Term. Upon establishment of the JDA, this Joint Agreement may only be terminated by mutual agreement of the Parties prior to December 31, 21 2038 (the "Initial Term"). Thereafter, unless terminated by either Party (a "Terminating Party") upon one calendar year prior notice (the "Notice of Termination"), the Joint Agreement shall automatically renew for a new term (or terms) of five (5) years (each an "Additional Term"). Section 5.6. City Option to Purchase Upon Termination. If County is the Terminating Party, City shall have the option to purchase any then undeveloped area of the TCAAP Site at the then fair market value of such land. The Parties may each exchange a certified appraisal of the value of such land, with the final fair market value to be determined by adding the two appraisal values together and dividing such figure in half(the "Land Option Value"). City shall have 180 days from the Notice of Termination within which to determine to exercise this option, and an additional 180 days thereafter to close on such sale. 5.6.1. County Public Improvements. If County has not yet completed any element of the County Public Improvements, the Parties shall determine the value of such work by securing two engineering estimates with the final value to be determined by adding the two values together and dividing such figure in half (the "County Improvements Option Value"). County shall pay such value to City within 180 days of closing on the sale of the remaining land on TCAAP Site, or provide such security or financing sufficient in the opinion of City to insure such County Public Improvements are completed in a timely manner. City at its sole option may determine to offset the Land Option Value against the County Public Improvements Option Value. County may determine to complete the remaining elements of the County Public Improvements, and provide reasonable assurances and such security or financing sufficient in the opinion of City to insure such County Public Improvements are completed in a timely manner. Section 5.7. County Option Upon Termination. If City has not yet completed any element of the City Public Improvements for a Development Site or Sites approved by the JDA, the Parties shall determine the value of such work by securing two engineering estimates with the final value to be determined by adding the two values together and dividing such figure in half(the "City Public Improvements Option Value"). City shall pay such value to the County within 180 days of Notice of Termination. City may determine to complete the remaining elements of the City Public Improvements, and provide reasonable assurances and such security or financing sufficient in the opinion of County to insure such City Public Improvements are completed in a timely manner. Section 5.8. Winding Up JDA Activities. In the event of default or termination, the JDA shall be dissolved upon each Party adopting a resolution terminating the Joint Agreement. In this event, the property of the JDA or its value, and any surplus moneys shall be disposed between the Parties pursuant to the Annual Contribution Ratio or as the Parties may otherwise agree. The Parties shall cooperate in good faith to wind down the activities of the JDA in an orderly manner to minimize loss of public assets and liability from such winding down. 5.8.1. Notwithstanding termination, powers of the JDA under this Joint Agreement shall continue to the extent necessary to: 22 a. Continue operation of the JDA Board until all then pending applications for development of a Development Site have been reviewed and a final decision made; b. The JDA can settle and wrap up its affairs, including discharge of any debt or liability associated with the operations pursuant to this Joint Agreement; and C. Completion of the disposition and distribution of records, and of all property contributed to or otherwise acquired for activities pursuant to this Joint Agreement. 5.8.2. Upon termination, no property shall be disposed of until payment or performance of all obligations arising out of this Joint Agreement is complete as provided herein. 5.8.3. Subsequent to termination, any future development on the TCAAP Site shall be considered by City pursuant to the applicable elements of the TCAAP Master Plan, as it may be amended in the sole discretion of City. (The remainder of this page left intentionally blank) 23 ARTICLE VI ADDITIONAL PROVISIONS Section 6.1. Conflict of Interests. City and County, to the best of their respective knowledge, represent and agree that no official, or employee of the representing Party shall have any personal interest, direct or indirect, in this Joint Agreement, nor shall any such official, or employee participate in any decision relating to this Agreement which affects that persons personal interests or the interests of any corporation, partnership, or association in which the person is, directly or indirectly, interested. Section 6.2. Equal Employment Opportunity. The Parties agree for themselves and their successors and assigns, that each will comply with all applicable federal, state, and local equal employment and non-discrimination laws and regulations. Section 6.3. Data Practices; Open Meeting. The books, reports, and records of the JDA shall be available for and open to public inspection pursuant to the Minnesota Government Data Practices Act, Minnesota Statutes Chapter 13. The JDA shall conduct its meetings pursuant to the Open Meeting Law, Minnesota Statutes Chapter 13D. Section 6.4. Titles of Articles and Sections. Any titles of the several parts, Articles, and Sections of this Joint Agreement are inserted for convenience of reference only and shall be disregarded in construing or interpreting any of its provisions. Section 6.5. Notices and Demands. Except as otherwise expressly provided in this Joint Agreement, a notice, demand, or other communication under this Joint Agreement by either party to the other shall be sufficiently given or delivered if it is dispatched by registered or certified mail, postage prepaid, return receipt requested, or delivered personally; and a. in the case of the County, is addressed to or delivered personally to the County, Attn. County Manager, Suite 250 Court House, 15 West Kellogg Boulevard, St. Paul, MN 55102; b. in the case of the City, is addressed to or delivered personally to the City at City Hall, Attn. City Administrator, 1245 Highway 96 West, Arden Hills, MN 55112; or at such other address with respect to either such party as that party may, from time to time, designate in writing and forward to the other as provided in this Section. Section 6.6. Severability. If any of the terms or provisions contained herein shall be declared to be invalid or unenforceable by a court of competent jurisdiction, then the remaining provisions and conditions of this Joint Agreement, or the application of such to persons or circumstances other than those to which it is declared invalid or unenforceable, shall not be affected thereby and shall remain in full force and effect and shall be valid and enforceable to the fullest extent permitted by law. 24 Section 6.7. Enforcement. In addition to any remedy available to the Parties in this Joint Agreement or under law, specific performance of the provisions of this Joint Agreement may be enforced against a Party by the other Party. Section 6.8. Construction. This Joint Agreement and shall be construed according to the laws of the State of Minnesota. Section 6.9. Entire Agreement. Except as otherwise provided herein, the Joint Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof, and there are no other representations, warranties, or agreements except as herein provided. Section 6.10. Counterparts. This Joint Agreement may be executed in any number of counterparts, each of which shall constitute one and the same instrument. Section 6.11. Recording. Either party may record this Joint Agreement and, and any amendments thereto in the real estate records of Ramsey County at the Party's expense. Section 6.12. Representations of the Parties. Each Party represents that it has the authority to enter into this Joint Agreement and carry out its respective obligations thereunder. IN WITNESS WHEREOF, City and County have entered into this Joint Agreement as of the date first stated in the caption of this Joint Agreement. (Signature pages to follow) 25 (Signature and acknowledgment page for Ramsey County) 26 (Signature and acknowledgment page for Arden Hills) 27 SCHEDULE A Depiction of TCAAP Site/Leizal Description (needed for recording) A-1 40989491Q MTN AR200-13 SCHEDULE B Elements of TCAAP Master Plan A. Public Engagement Process. Prior to beginning work on the Master Plan, a public engagement process will be defined. Public engagement activities will occur throughout the master planning process and will be correlated to significant decision points. The public engagement process will include: a. Interactive participation by stakeholders b. Community outreach and communication; and C. Input from the development community. B. Land Use Component to include: a. Density, intensity, and use framework that is consistent with existing Mixed Business and Mixed Residential zoning; b. Definition of development character including aesthetic, streetscape, and architecture themes; and C. Identification of zoning district overlay categories. C. Circulation and Movement Component to include: a. Traffic study; b. Location of spine road, major arterials, and collectors; C. Pedestrian and bicycle circulation plan; d. Street hierarchy including complete streets designations. Street hierarchy should be based on consideration of both land use and circulation; e. Identification of significant development nodes; f. Identification of transit opportunities; g. Principles of bridge design to incorporate site-wide design features; and h. Right-of-way management and maintenance policy. i. City right-of-way ii. County right-of-way iii. Privately maintained right-of-way D. Utilities Component to include: a. Private utilities plan to include location of Xcel substation; b. Water utility plan; C. Sewer plan; d. Stormwater plan to include consideration of regional or site-wide stormwater infrastructure; and e. Renewable energy opportunities. E. Parks and Open Space Component to include: a. Park and open space plan shall include: i. 20-acre central park; ii. 4 2-acre neighborhood parks; iii. Regional trail corridor; iv. Reference to trail/pedestrian/bicycle circulation plan; V. Cost estimate; and vi. Park dedication policy. B-1 4098949110 MTN AR200-13 b. Park and open space hierarchy to include general characteristics and use categories; i. Amenities ii. Recreation options iii. Design features C. Management and maintenance policy including consideration of whether park and open space is publicly or privately managed and maintained. F. Environmental Remediation Component to include: a. Layer analysis of environmental features such as: i. Soil types ii. Topography iii. Wetlands iv. Contamination b. Description and timetable of remediation process; C. Description of how the remediation process is aligned to and affects the development process; and d. Site-specific remediation policy including the following requirements: i. Response Action Plan ii. Timeline iii. Action steps and implementation plan iv. Letter of Completion G. Implementation Plan to include: a. Identification of public improvements; b. Cost estimate of public infrastructure; C. Identification of financing options; d. Identification of repayment mechanisms; e. Public/private development phasing plan to align public infrastructure investments with private development; f. Analysis of public maintenance costs; and g. Analysis of public revenue compared to cost of public maintenance and services. H. Regulatory Plan to include: a. Approval of zoning district overlays; i. Design standards ii. Massing iii. Relationship with the street iv. Setbacks V. Parking b. Landscaping and tree preservation plan; C. Amenities in the right-of-way plan including gateway features; d. Signage plan; e. Lighting requirements; f. Park dedication requirements based on policy; g. Regulations on remediation policy enforcement; h. Subdivision ordinance i. Other regulations to support policies developed during the master planning process; B-2 j. Definition of fees, escrows, and cost of review; and k. Public hearing and notices requirements. B-3 SCHEDULE C JDA Developer Application Review Process 1. Site-specific traffic study 2. Land use site plan review including payment of fees and escrow 3. Site-specific plans for the following: a. Lighting b. Landscape and streetscape c. Grading and erosion control d. Architecture, design, and building elevations e. Parking f. Circulation 4. Site-specific Response Action Plan approved by the MPCA 5. Agreements on management and maintenance of infrastructure and right-of-way 6. Development agreements 7. Construction phasing plans 8. Preliminary and final platting 9. Surveys C-1 409894910 MTN AR200-13 SCHEDULE D JDA Fee Schedule D-1 409894v9lQ MTN AR200-13 SCHEDULE E Fiscal Agent The Fiscal Agent shall: 1. Be responsible for cash management, payment processing, preparing budgets, and financial reporting. 2. Receive all funds of the JDA for deposit into and shall make disbursements from the JDA Accounts. The Fiscal Agent will manage the depository accounts with its primary bank, which as of the date of the JPA is US Bank. 3. Maintain current and accurate records relating to JDA accounts. 4. Account for all funds according to generally accepted accounting principles and County's usual accounting practices. 5. Provide financial reports to the Board quarterly, unless the Board directs that reports be more often. The reports shall include statements of revenue and expenses costs and disbursements) and budget reports, accounts receivable, accounts payable, and information as described in the JPA with respect to the annual budget. The reports shall be provided directly to the Chair and Vice-Chair and also delivered to the Board. 6. Disbursements and financial management shall be as provided in the JPA and with respect to cost recovery, as described in the JPA. The Fiscal Agent shall provide reports of disbursements relating to such cost recovery upon their occurrence directly to the Chair and Vice Chair of the JDA Board, the City Administrator and the County Manager and shall include reports thereof at least quarterly to the Board. 7. Maintain all financial records and reports for a period of six (6) full fiscal years. 8. The Fiscal Agent services shall be provided by the County Department of Finance. The Fiscal Agent shall charge fees for service to the JDA, and the fees shall be paid in accordance with the annual budget, and shall be subject to cost recovery as provided in the JPA. The Fiscal Agent shall report to the County Manager and City Administrator and to the Chair. 9. The Fiscal Agent shall report to Fees for Fiscal Agent services shall be charged to and paid by the JDA as an expense as provided in Section 2 of the JPA. 10. Audits will be conducted in accordance with the requirements of the State Auditor, Ramsey County policy, and the requirements of any agency providing funds for the activities of the JDA, and results shall be reported timely to the Ramsey County Audit Committee and the JDA Board. Audit fees will be charged to the JDA as an expense of the JDA. E-l 11. The Parties agreement regarding the engagement of the County as the Fiscal Agent shall be the same length as the term of the JPA and the termination process shall be as provided in the JPA for termination of the JDA. 12. The Parties shall use good faith to attempt to resolve by negotiation disputes relating to the Fiscal Agent and noncompliance with the requirements for the Fiscal Agent or the requirements of the Fiscal Agent with respect to the JDA, and upon agreement shall use any available dispute resolution process including mediation and arbitration and failing to negotiate or resolve the dispute by such means may elect to resolve the dispute by legal action. In the event the Fiscal Agent determines that there is a dispute relating to the Fiscal Agent, the Fiscal Agent shall report the existence of the dispute to the City Manager, City Administrator, Chair and Vice Chair of the JDA. 13. Changes to the scope of services and responsibilities of the Fiscal Agent shall be made by written agreement of the Parties,which shall be deemed an amendment of the JPA. 14. County shall not have any liability to City for acting as Fiscal Agent, and without limiting the liability of County as provided under the JPA as a Party, in its capacity as Fiscal Agent, County is not liable for management decisions of the JDA nor liable for cash shortfalls or any payments as a result of insufficient funds due to funding shortfalls of the JDA. E-2 Document comparison by Workshare Professional on Thursday, November 15, 2012 3:07:46 PM Input: Document 1 ID Powerpocs://DOCSOPEN/409894/9 Description DOCSOPEN-#409894-v9-TCAAP_JPA Document 2 ID Powerpocs://DOCSOPEN/409894/10 Description DOCSOPEN-#409894-v10-TCAAP_JPA Rendering set Standard Legend: Insertion Deletio Move ffem Moved to Style change Format change ties=t Inserted cell Deleted cell Moved cell Split/Merged cell Padding cell Statistics: Count Insertions 38 Deletions 38 Moved from 5 Moved to 5 Style change 0 Format changed 0 Total changes 86