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I , 'I <br />0 <br />r��: Apr il. 151 1,99� <br />TO: Steve Sa,rk,ozy <br />IMOMW <br />a Craig ,A.1 Waldron <br />SUBJECT: 35'W/36 <br />For a number of years, dating back to the early 801s. the <br />1, C 409 has been working to ensure the highest quality <br />deviellopment within, the 35W/36 area. Rosewood submitted an <br />initial, proposal on the site for a substantial office <br />11 11. <br />project that !I move forward based on their inabi,:Lizy <br />to, �secu,re tenants. <br />3 11p Subsequently, the Hart and Glaci er properties have also <br />become available.. Mr,, Hart has passed away and the heirs <br />are interested, 'in developing a similar option agreement with <br />the Ciry f or the 10 acre s ite where Roseville would control <br />the property for a two year time period for the property <br />taxes . <br />$I di 0 <br />4,0 in, addirion, Burlington Northern has decided to sell all of <br />is 1i 0 <br />its properties through a national auction. Thus., the 7.5 <br />acre Glacier site *is also available elether through a direct <br />purchase or through a bid as part of the auctieon., <br />5, Summaries relating to the Glacier Park, as well as the Hart <br />properties are attached, If' the Hart property were <br />a 0 <br />opzioned,, as, well as the potential purchase of the Glacier <br />0 <br />site,, the City would control over 30 acres in one of our <br />14 ost critical, redevelopment arie,as., <br />