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DATE-, 01/13,/03 <br />MI <br />e <br />" Awroval: Manager AP <br />Proved# Agenda Section. <br />DI P <br />t I <br />Item Descri,ption: Approve, Expenditure of Gra nt Funds - TI VVIn, Lakes Market Feasibility Consultant <br />1*0 Summary, of Request: <br />a <br />In 200,1,-2010�2i the City received a $75,000 plamung, grant from the Metropolitan Council <br />tol compileite planm`ng work for the, Twin Liake,s, Master Plan., This grant work program <br />of 51 specific tasks. <br />1 <br />1.2 The Council has requested review and approval before expenditure of grant funds., Staff' <br />req,uesits, approval to enter into a contract and spend grant fimds, not to exceed, <br />hire Maxfield Research Inc. to assist, the Commum"ty Development Staff in completing <br />the market feasibility portion of the grant, based upon the proposed uses outlined by <br />Roseville Properties proposal, and how, it fi,ts into, the Twin Lakes Master Plan. <br />2.0 Background and Program Goals: <br />2-2 The Clity's participation in the Metropolitan Co�uncil's, Local Housm*,g Incentive Program, <br />providesi the City with the eligibility to, participate M' the Tax Base Revitalization <br />Program, the plannm"g and Demonstration Program. Grants, the Local Housing Incentive <br />In <br />Account and the Inclusionary, Hous" g Account., <br />RCA Twin Lakes Grant Consultant-Maxfield 0 1113/03 — Page I of 2 <br />