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Regular City Council Minutes - 11/24/03 Page 10 Ryan Companies, Roseville residents; residential and commercial property owners in the Twin Lakes area; and the City Council and staff. Maschka n10ved, Schroeder seconded, acceptance of the preliminary proposal of Rottlund Companies to be designated as the Master Developer for the 275 acre Twin Lakes Redevelopment Area, subject to completion of a preliminary Master Developer Agreement to be prepared by the City's Development Attorney Jin1 Casserly, and approved by the City Council at their December 8, 2003 regular City Council meeting; providing 90 days thereafter to complete a final Development Agreement that would include the use of public development tools, including public purpose condemnation as needed to establish fair market value as a last resort, tax increment financing, long-tern1 assessments, deferred assessments, Industrial Revenue Bonds, infrastructure bonds, grants and loans; as may be applicable. Councilmember Klausing offered a friendly amendment to the motion to add the word "tentative," as follows: " . . . acceptance of the preliminary proposal of Rottlund Companies to be designated as the "tentative" Master Developer for the 275 acre Twin Lakes Redevelopment Area, subject to completion of a preliminary Master Developer Agreement to be prepared by the City's Development Attorney Jim Casserly,. . .". While not able to identify the necessity and apparent redundancy of the wording, Councilmember Maschka accepted the friendly amendment. Councilmember Maschka sun1marized previous discussions and background information, stating the intent was to achieve the best overall property development, and recognized major infrastructure requirements for the site; the complexity of the site and timeline considerations; as well as the need for all parties to compron1ise to realize the best project on behalf of the citizens of Roseville.