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Friday, July 15, 2005 City of ~tl~ Community Development Departmeut 651-792-7071 0 fax: 651-792-7070 July 15,2005 Twin Lakes Next Steps and Environmental Reviews: After City Council approval on June 20, 2005, the following is a summary of how the project is expected to proceed: . Certification of Tax Increment District Parcels - with the Council approval of the TIF Dish'ict #17, the parcels identified are submitted to the County Audi- tor to be certified. A letter has been sent to the County Auditor and the City is awaiting response. There is a 6 month appeal process whereby the establish- ment of the district can be challenged. The redeveloper can begin environ- mental cleanup, demolition and any other earth work during this timeframe. However, according to the redeveloper, they do not intend to undertake sig- nificant work during this appeal process timeframe. ( . Land Acquisition - Xtra Lease, Old Dominion, Hagen (agreements by end of August 2005) and Northco Properties (agreements by end of 2006). The rede- velopment contract requires that all parcels, except Northco, be under contract prior to issuance of a building permit. (Each of these parcels has road right of way\infrastructure improvements within the parcel.) . Eminent Domain request (if needed) - September 2005 request could begin. . Additional Environmental Testing - begin in July 2005 with completion by September 2005 (work plan has been approved by PCA as of July 1, 2005). Submission of DRAP /RAP - September 2005. Approval of DRAP /RAP - Oc- tober 2005. . Certification of Hazardous Substance Subdistrict parcels - must have ap- proved DRAP /RAP prior to certifying that parcels have contamination and qualify under state statute. - October 2005 . City Council support for Environmental Grant submissions (DEED, Met Council, Ramsey County ERF) - Late October for November 1 submission. 4