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HomeMy WebLinkAbout08-27-07 Item 8A, TCAAUP Update Request for Council Action Prepared By: _ _ ~~______ _ _ _ __ _ _ __ _ ________________________________________ Dept.: Administration Council Mtg. Date:"- ..-.-.--. August 27, ,2QO! Final Action Needed By: -"NtA"........"""........................ Budgeted Amount: Actual Amount: Funding Source: Agenda Item: TCAAPStatusReport N/A __________n____ --------- ----NiA ................................. ..............NiA B.A. ~~@!jl1~}[!wl~~]_m_E~!lwfli~t72iliifj_~_~~_~L___ IReceive TCAAP Project Status Report. No action required. I" '<HI W 111 present highlights from the report and welcome questions from City Council. Planning: PTRC: N/A N/A X ".moILetter: Memorandum from Stacie Kvilvang, Ehlers & Associates. No.: No.: 1-, ,~" ,"""', 1I1~ Recommendation: Recommendation: Other: August 27, 2007 EHLERS Date: LEADERS IN PUBLIC FINANCE To: City Council From: Stacie Kvilvang Subj ect: TCAAP Update Acquisition of TCAAP Property . The City, RRLD, GSA and Army had a conference call on August 14, 2007 and discussed the water treatment plant and piping and whether this would be a credit or not (not resolved and is an on-going discussion). The City and RRLD is still waiting on interpretation from the Army whether vapor intrusion is considered a remediation cost. The group will have a conference another call on September 11, 2007 to discuss building remediation and credits. . The deadline to reach agreement on the amount of credits for environmental clean up, etc. is August 31, 2007 and the parties agreed to extend the deadline to February I, 2008. This will require the 6th amendment to the Offer to Purchase (OTP) which will be brought back to the City Council at their August 27, 2007 meeting for consideration and approval. . City and GSA Attorney will be meeting September 26-27 in Washington to discuss FaST, FOSET, MOA and insurance. Master Piau . At their August meeting, the Task Force agreed to continue to meet through the end of the year to finalize the remaining aspects of the process. Following is the anticipated schedule: o September 13 - discuss park costs & concepts o October 4 - discuss design guidelines for residential components o November 6 -discuss design guidelines for streets and discuss Task Force recommendation to City Council o December 6 - discuss design guidelines for commercial/retail/office, master plan update and Task Force recommendation AUAR . The original deadline to compete the AUAR was November 2007. Since the deadline for the credit negotiations has been pushed out to February 1, 2008, the AUAR schedule will be revised to allow for a more accurate and thorough review. SRF will be providing the City an updated timeline, with completion by June 30, 2008. County Road H . At the August 20, 2007 Council work session, the Council reviewed three new versions/options for County Road H to address design and environmental concerns raised by various govemmental agencies. SEH will be submitting these revisions to MNDOT for comment. Hwy 10 and 96 Project Status Memo 1 . At the August 13, 2007 Council work session, the Council discussed the need for an access off of Hwy 10 into TCAAP (whether it is grade separated or not is still up for discussion) and stated they would like to explore all possible options to remove/reduce the frontage road from the west side of Hwy 10 to lessen impacts to Arden Manor. At the August 20, 2007 work session, the Council discussed other options to reduce the impact to Arden Manor. Based upon discussions, SEH will be reviewing and modeling an option for the City to review. Master Development Agreement . At the August 9, 2007 work session, the Council discussed appropriate density levels for housing to be developed at TCAAP. Based upon the discussions a target density level and population was preliminarily determined. On August 31, 2007, staff and two Council members will meet with RRLD to discuss the outcome of that meeting. Congressional Letters and Meetings . City staff continues to send out letters on a monthly basis and the next one will be sent out the week of August 27th (typically the last week of month). Project Status Memo 2