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<br />Special Session of the City Council: <br />Saturday, 02/19/05, Cedarholm Golf Course Clubhouse, <br />2323 Ramline Avenue North, Roseville, MN <br />Page 9 of 21 <br /> <br />2. Twin Lakes Redevelopment: <br /> <br />a. Supports Senior Housing Regeneration Pro- <br />gram <br />. Why: Guaranteed Linkage <br />1. Homes purchased, renovated, resold to <br />first time buyer young families <br />2. Increases community and neighborhood <br />balance <br />. How: <br />1. Require participation and marketing <br />through senior housing PUD agreements <br />2. HRA provides gap funding to GMHC for <br />implemen tation <br />b. Build New Young Professional Housing <br />. Why: Proven Success (Applewood Court <br />Townhomes - Open House, March 10th) <br />1. First time home buyer families and young <br />professionals <br />2. Target young professional employees <br />. Importance: <br />1. Stability of School District by transitions <br />to other homes in community <br />2. Balance demographics of neighborhoods <br /> <br />c. Build New Office and Retail Space <br />. Why: Broaden variety of jobs and tax base in <br />community <br />1. Net new jobs of 1,000 expected. <br />2. More opportunity for Roseville residents to <br />work closer to home. <br />. Importance: <br />1. Stability of School District by new young <br />families in community over time. <br />2. Balance demographics of workforce; pro- <br />vide option to resident commuting <br /> <br />d. Improve water quality, soils, environment, and <br />roads \ utilities; removes brownfields. <br /> <br />3. Housing - Rental Licensing and HousinE! Preser- <br />vation Ordinance and Programs: <br /> <br />a. Responding to Request of the City Council, <br /> <br />9 <br />