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Bradley is able to internally invest approximately $300,000 to the center. The current budget, less $400,000 for Taco Bell, exceeds $600,000. This leaves a gap of$300,000 of which $171,292 are associated with the enhancements for parking, site work, retaining wall, landscaping, lighting and sidewalks which were required by the City as part of the PUD process and Larpenteur Avenue Street Design Plan. 3.1 Under I IN statute 428A a "Special Service District' means a defined area within the city where special services are rendered and the costs of the special services are paid from revenues collected from service charges imposed within the area. The special service district can only be established by ordinance of the City in commercial and industrially zoned areas. The area proposed for the Special Service District would be the area encompassing the entire Roseville Shopping Center (see attached map). The attached ordinance describes what special services would be provided by the City to the land area that is subject to property taxes. The costs associated with the special services, estimated by Bradley to be $171,292, would be paid from revenues collected from service charges imposed on the property owners, namely Bradley, within that area. Bradley will then pass those costs onto each tenant in the Roseville Shopping Center. The total amount of the service charge would also include any i me rest and administration fees to set up the district. The services charges would be considered by the council per a resolution. The resolution would outline the amount of the special service charges and terms for hoer they would be collected. 3.2 Both the ordinance to establish the public hearing and the resolution outlining the service charges may not be adopted until after public hearings have been held and proper notice is given regarding the hea d ng s. The notices for each public hearing must be published two tires, two weeks apart in the official newspaper of the City. 3.3 The following is an outline of the actions that will need to be taken to set up the special service district and impose the special service fee for the Bradley project. A ril 17: Petition and budget submitted the city of Roseville by Bradley Deal Estate requesting that the City create a Special Service District and impose charges for the special services based upon the submitted budget. April 27 council Meetir��= Consider the Ordinance establishing the Special service District. Set public hearing for May 26 - considering establishment of the special Bradley- INCA(04/27!98)!Page 2 of 4