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Regular City Council Minutes -10/13/03 Page S further noted today's development market and the revisions necessary in the City's Master Plan; and advised that Mr. Kent Carlson of Ryan Companies was in the audience and available to address questions or concerns of the Council. Discussion included the exclusive rights of a designated developer; tax increment financing assistance; "first offer rights" definitions; advantages and disadvantages of maintaining a master developer; and the relationship between master developers and sub-developers. Kent Carlson, Ryan Companies Mr. Carlson thanked the Roseville City Council and staff for their support in completion of past development projects, and reviewed his interpretation of the role of a master/iead developer ii1 the context of coordinating efforts and resources. Councilmember discussion with Mr. Carlson and staff included the length of exclusive "first offer rights;" comp. plan revisions; environmentally sensitive properties remaining in the Twin Lakes development. John Johansen, Welsch Companies, partnering with Roseville Properties Mr. Johansen opined the process that will have to happen in the private sector and required cooperation of all parties involved in completing the Twin Lakes development. Mr. Johansen cautioned use of any type of artificial restriction, making development more confusing and difficult and making the market more competitive. Mr. Johansen further opined that, given the nature of the remaining parcel acquisition, whoever the purchaser was, they would require eminent domain proceedings, and public financial assistance. Mr. Johansen identified global issues for the overall Twin Lakes development, including improvements to Cleveland Avenue; Twin Lakes Parkway land and reconstruction costs; substantial regional storm drainage issues; and the need for all properties in the development to participate in their pro-rata share of those issues.