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2.3 Public Improvements — The development includes the construction of a principle roadway from Cleveland Avenue connecting to Fairview called Twin Lakes Parkway. The official mapping of this road must be modified to accommodate the Roseville Properties proposal. An update on the traffic impacts of that reconfiguration (by City consultant SR F) will be provided and a summary regarding the functionality of the road and other surrounding public improvements such as I -35w ramp, Arthur Street, Prior Road,, Mount Midge Road, trails to Langton Lake and connections to County Road C2 will be reviewed* In addition, meetings with MnDot regarding the 1 -35W ramp reconfiguration at Cleveland indicated that those proposed modification will not be supported as a cooperative cost sharing project by MnDot as it is not viewed as a safety hazard at this time. 2.4 Land Control Use of Eminent Domain — Roseville Properties plan is contingent upon the successful purchase of land outlined in the proposal. Mang of those parcels have been purchased and/or are under control of the developer. However, it is clear that several of the key parcels that are ins'nental to the development are becoming difficult to purchase at market rates. Prior to proceeding on the development, Roseville Properties will be asking for some level of assurance that the Council will pursue eminent domain on these parcels. Based upon the redevelopment plan, developing new retail and housing next to old industrial truer terminals is unfeasible. The entire proposal area must be redeveloped at once or the lease rates and sale of the redeveloped sites will not be maximized and will be jeopardized. 2.5 Contamination\EPA Grant Coordination — The City staff', as part of the EPA grant, is in the process of completing an agreement with the MP. to accept a regional ground water analysis within the Twin Lakes area. This will be corning to the Council for approval within the next month. In addition, the groundwater study will rewire additional monitoring wells. The location and purpose of those wells can be advantageous to the City/EPA study as well as to the developer. Every effort will be made to work together on the contamination issues to ensure that there is no duplication of efforts and that the costs are shared. In addition, the developer is working with the NT CA to determine ` {hot spots" where it may be too costly to clean up to a residential standard. 1 ! t 1 1 3.1 The presentation is provided as an update on the project. The Council must provide the developer with an understanding of the Council's support regarding the most recent land uses, possible financial structure, and the use of eminent domain. If there is support in these areas, staff will prepare a Memorandum of Understanding for the Council consideration on .Tune 167 2003. Prepared by; Dennis Welsch (490 -2232) and Cathy Bennett (490 -2241) Wictoria\CommDev\Planning FilesU200 324913232_TwinLalmsRmewedPlan P Proposa P update rca(060203).dcc P 3232 — RCD — RP Proposal (060203) Page 2 of 2