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DATE: 2/3/013 <br />Departrnent Approval anager An Val Agenda Section* <br />DPW/CB ............... PRESENTATION <br />kW <br />M�0 810 1, <br />1.1 The City adopted the Redevelopment Master Plan for Twiin Lakes in 2 2, after m y <br />* 00 an <br />years of'work. This process has been backed by, community, and public Support <br />through a series of public hearings and environmental studies. In addition, the City, <br />has received outside public grants from U'.S, Environmental Protection Agency and <br />the Metropolitan Council for the redevelopment planning of Twin Lakes. <br />1.2 As part of the Metropolitan Council Planning grant staff has been wolrking with legal <br />and finatic"al consultant J"m Casserly olf'Kiass,, Monroe regarding the financia future <br />A <br />of Twin Lakes. The financial analysis has been based upon the maximum <br />development potential prov ided, in the approved Master Plan over the next 31 - 101 years. <br />2,0 SUMMARY OF FINANCIAL ANALYSIS OF THE TWIN LAKEA <br />REDEVELOPMENT AREA I <br />PF3232 — RCA — Spec Learislation Plroposa,l Pasre I of 4 <br />C7 <br />