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City of Roseville ille - City Council Minutes for October 21, 2002 incorporating a representative gateway to the City from the unrest. Mr. Cullen emphasized that their proposal was strictly a preliminary concept plan. Discussion items included the background of the redevelopment Master Plan for Twin Lakes; approved Master Plan land use summary comparison for flexibility purposes (i.e., maximum density, potential, new takes, and other impacts); public assistance, and the project's criteria in meeting Rosevi lle's tax increment financing policy. Mayor i ysylyczyn asked for two ( ) reasons why the City should consider offering any public financing assistance for this proposed project. Mr. Cullen responded with several reasons, including a proposed higher and better use than the current use, citing potential contaminated properties from truck and shipping terminals; new jobs within the entire redevelopment project} location within an existing Tax Increment Financing (TIF) District and meeting the original intent for TIF; potential for additional tax revenue; and additional amenities to the residents. Cou ncilmem ber M a sch ka clarified that the developer was potentially asking for ghat occurred in the City of New Brighton, with an extension of a TIF District. Mr. Cullen responded affirmatively. ou ncilrnem ber M asch ka concurred with the project's meeting the intent of TIF: and stated that the city's long - terra redevelopment outline for the Twin Lakes area could be defined as one of "quality, quality, quality;" and expressed his approval of the concept plan presented in meeting the City's criteria. ouncilmember Dough addressed the relocation an abandonment of existing trucking firms in the area; use of TIF for contaminated soil improvement; and sought clarification of the aspects of the project for which the developer was seeking public financing. Mr. Cullen stated that they had entered into several Purchase Agreements with existing businesses in the area, and were in negotiation with the balance of companies within the 60 acres proposed for their Phase I development; and that they had performed several environmental assessments on some portions of the site, but others would be needed as the project progressed. Mir. Cullen stated that they would be seeking some commitment from the Council on upfront costs, with the remainder of public financing requests involving pay -as- you -go TIF. ® Cullen further stated that they anticipated completion of Page 2 of 24 http:// wrw. cityofroseviIle .cowlcounciUmeetings /minutes/ oo /mno 102 Lhtm 05/29/2003