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Development area such as the proposed Allina site. There are between 16-28 parcels which could fit this definition, over which an area -wide assessment could be placed. Area wide assessments are normally pro -rated on a square foot basis of the total parcels within the "area- wide' calculation. No one property will hear the costs of all the parkway. Usually such areas vs. front foot costs are 25% area - wide, 75% front foot, or some similar ratio. For example, the actual road construction cost estinxiated at $6 million would be broken out into $1.5 million area -wide and $4.5 million on a front foot basis. Using this formula the cost to an 11 acre Allina site would be estimated between $ 100,000 - $200,000 spread across 20 years. low- interest, deferred assessments for other off -site road improvements related to the Twin Lakes Parkway such as rebuilding of County road C and the Cleveland Avenue intersection would also be supported by the City. However, the impact to the Allina proposed parcel for these ancillary improvements would be minimal using the same area -wide assessment calculation explained above. Generally, the city share of the construction and landscaping costs for these intersections is less than 25% ($250,000) of the total $1 million project costs. Using the same area -wide calculation as above, the costs, which would be split on a square foot basis throughout the County Road C area, would be 25% of the City's costs or about $62,500. Low interest deferred assessments may also be supported for the required storm water improvements as part of the construction of the project. The City will work closely with Dice Creep Watershed District on this issue throughout Twin Fakes Redevelopment Area to assure that previous regional ponding would be taken into consideration when reviewing redevelopment in the area. The City will continue to meet with Steve Hobbs of the watershed District to discuss the previous work and assessments for storm water as well as any new requirements that Dice Creek watershed might rewire for the Allina proposed site. 4. The use of eminent domain is an available public purpose tool that the City has agreed to use within the Twig Lakes Redevelopment area, which includes the Allina site, to further the public purposes of the Twin Lakes Redevelopment Plan. As a last resort, to establish fair market value, the City will use this tool to assist Allina in acquiring the necessary land for their project. 5. Roseville will support the use of its US EPA Brownfield Devolving Loan Funds, which Provides deferred and/or forgivable loans for environmental cleanup associated with the redevelopment in Twin Lakes. 6. In addition, the City would apply for contamination clean up funds from the Metropolitan Council's Tax Base Devitalization Grant. This grant has a semi - annual cycle and reimburses communities for contamination as part of the redevelopment process. The City in turn would reirburses Allina and/or Ryan Companies for any the clean up costs associated with the site. 7. The City of Roseville is currently working with Metro Transit to ensure that there is adequate transit to serve the Twin Lakes Business Park. A medical office building would provide the needed volume to serve the area. In addition, there are other potential programs that can be accessed, such as dedicated bus wags serving reverse commuters from the core cities.