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Last modified
7/17/2007 9:25:33 AM
Creation date
5/13/2005 4:37:49 PM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
10285
Resolution Title
AUTHORIZING CONTINUATION OF THE CONTRACT FOR EXCLUSIVE NEGOTIATIONS BETWEEN THE CITY OF ROSEVILLE, MINNESOTA AND THE ROTTLUND COMPANY, INC. FOR THE TWIN LAKES REDEVELOPMENT AREA
Resolution Date Passed
3/14/2005
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<br />(1) <br /> <br />(2) <br /> <br />(3) <br /> <br />(4) <br /> <br />(5) <br /> <br />(6) <br /> <br />Section 2. <br /> <br />Submit to the City a preliminary site plan for the Redevelopment showing the <br />size, nature and location of the proposed minimum improvements, including <br />parking, landscaping and other exterior improvements. <br /> <br />Complete or finalize necessary feasibility, marketing and financial analyses, <br />including the timing and phasing of the proposed Redevelopment, <br />preliminary pro formas and likely revenue sources for the initial phases. <br /> <br />Review and comment upon the adequacy of existing ordinances, including <br />zoning ordinances, to facilitate the Redevelopment. <br /> <br />Ascertain what approvals will be required from governmental agencies for <br />the Redevelopment. <br /> <br />Investigate adequacy of utilities and streets and identify required <br />infrastructure changes; also review existing transportation plan to determine <br />adequacy. <br /> <br />Review existing environmental reports and determine if additional <br />environmental investigation is necessary. <br /> <br />Findings. <br /> <br />2.01 With respect to each ofthe required actions listed in Section 1.04, the Council makes <br />the following findings: <br /> <br />(1) <br /> <br />a. Rottlund submitted a preliminary site plan for the Redevelopment <br />showing the size, nature and location of the proposed minimum <br />improvements, including parking, landscaping and other exterior <br />improvements as discussed in Rottlund' s memo presented to the City <br />Council on February 28,2005 attached as Exhibit A. <br /> <br />b. The City Council provided Concept Land Use approval for a Planned <br />Unit Development of Phase I on January 10, 2005. The Council finds <br />that this submission satisfies the requirement of Section 1.04(1) <br />above. <br /> <br />(2) <br /> <br />a. Rottlund presented to the City Council a financial pro forma on <br />February 28,2004 which outlined the financial feasibility of Phase I <br />development of areas 1-5 and 8. A copy of a cover transmittal and pro <br />forma as presented to the City Council with the Council requested <br />revisions is attached as Exhibit B; and <br /> <br />2 <br />
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