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f The Cl,ity would turn over the Great Dane site to Ryan <br />wh,ilch would agree to construct 50,000 sq,. ft. of <br />of f i cei/industrial The City, I s cash f low agreement would <br />be increased tio 4 <br />0 <br />'Policv Objectives <br />1 4bi The,, modif ied deivelopment agreement meets* the Council <br />I <br />P ty wil ith respect to redevelopment in the Twin Lake <br />priori <br />area . I <br />14 The devielolpm,ent agreement would be reduced from $3,,2 million <br />to $2.7 million with reppect to the Ramsey and Lindig <br />purichasie The C ilty has, already purchased the Great Dane <br />I <br />parcel 6 months ago at a cost of $1. 1 million. <br />11-1-ITZI 11LO v <br />