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2003_1124_packet
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2003_1124_packet
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Regular City Council Minutes —11 /1 7/03 <br />DRAFT Minutes - Page 28 <br />proposed to include the use of public development tools, <br />including public purpose condemnation as needed to <br />establish fair market value as a last resort, tax increment <br />financing, long -term assessments, deferred assessments, <br />Industrial Revenue Bonds, infrastructure bonds, grants and <br />loans. <br />The second proposed motion was to direct staff to prepare <br />options for an advisory stakeholder team for Council <br />review and approval on December 8, 2003, with the <br />purpose of the team to work with the Master Developer to <br />ensure that the City's goals and objectives for the Twin <br />Lakes Master Plan were realized. <br />The third proposed motion was to direct staff to prepare a <br />City of Roseville proposal for Allina, in response to the <br />Allina/Ryan Companies concept for the Allina <br />headquarters building at Twin Lakes, to be <br />reviewed/approved by the Council on November 24, 20030 <br />Councilmember Maschka advised that the proposed <br />motions were the work product of meetings held by he and <br />Mayor Kysylyczyn and all parties involved, to ensure that <br />a comprehensive plan was in place to meet the City's goal <br />for the 275 acre overall development area. <br />Councilmember Maschka. advised that this proposal would <br />ensure additional housing, an estimated addiiionaI $400 <br />million tax base for the City; and should prove to be a <br />showcase for the northern suburbs. <br />Conceut Phase <br />Maschka moved, without a second accepting the <br />preliminary proposal of Rottlund Companies to be <br />designated as the Master Developer for the 275 acre Twin <br />Lakes Redevelopment Area, subject to completion of a <br />preliminary Master Developer Agreement (prepared by the <br />City Development Attorney Jim Casserly) and approval by <br />the City Council at the December 8, 2003 meeting, and <br />providing 90 days thereafter to complete a final <br />Development Agreement. The Agreement shall include <br />the use of public development tools including public <br />
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