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I of the Twin Lakes Area of the City, which improvements will improve safety, remove blight, 2 promote residential compatibility, develop jobs, create additional tax base, and meet the needs of 3 future development; and (iv) the taking by the City of Roseville of the properties, including the 4 Dorso Redevelopment Property,, was reasonably necessary and, as such, was constitutional and 5 authorized by law; 6 WHEREAS,, the Petition was subsequently voluntarily dismissed following the 7 withdrawal of the then designated redeveloper of the Twin Lakes Project; 8 WHEREAS,, Opus Northwest, LLC ("Developer") has proposed an office development 9 (hereinafter defined as the "Project") within such Project Area which, if constructed, will serve 10 to promote and carry out the objectives for which redevelopment is undertaken, will be in the I I vital best interests of the City, will promote the health, safety, morals and welfare of its residents 12 and will be in accordance with the public purposes and provisions of the applicable state and 13 local laws and requirements under which activities are conducted within the Project Area. 14 WHEREAS,, the Developer is willing to purchase property, within the Project Area such 15 property being legally described in the attached Exhibit A and to develop the Dorso 16 Redevelopment Property provided it can reach agreement with the fee owner to sell; 17 WHEREAS,, the fee owner of the Dorso Redevelopment Property has placed various 18 conditions on the sale of the Dorso Redevelopment Property to the Developer which, if not 19 fulfilled will terminate the sale and delay redevelopment; �p 1 20 WHEREAS,, consistent with the Restated Development Program for Development 21 District No. I and Tax Increment Plan,, the City continues to be willing to provide assistance in 22 accordance with the Act and in the best interests of the City in order to achieve the development t