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Regular City Council Meeting Monday,May 14,2012 Page 13 holders, for a more detailed framework, as well as funding options or incentives while recognizing the limited resources of the City and past history of not spending more money after bad. Councilmember Johnson opined that it made sense to have that discussion considering that the development economy was not going exceptionally well at this time. Vice Chair Gisselquist opined that the Twin Lakes issue was not going to be solved; however, he expressed appreciation for tonight's debate and his under- standing that the confusion was not only his. Vice Chair Gisselquist recognized the anguish of business owners in that area, and the implications for them and their heirs. From his perspective in considering the lack of clarity for the Regu- lating Map and the history of past documents and studies, Vice Chair Gissel- quist stated that he remained unsure of the City's advocacy or role in developing the area; however, he saw business as usual unless the City chose to do some- thing drastic. Councilmember Johnson opined that one successful development in the area may foster others; and then the Regulating Map would guide additional devel- opment, and anticipated a burst of development subsequent to the first one. Commissioner Boguszewski concurred with Councilmember Johnson. Mayor Roe, noting the historical trend in other areas, opined that it made sense to look at strategies and what the City was willing to do as a community to move forward, whether financially, organizationally, or with more concrete guidelines. Referencing the comments of Vice Chair Gisselquist, Mayor Roe concurred that, given the age of the Twin Lakes Study in 2001 (or 1999 at its inception), it may be prudent to review it and update it, to ensure its objectives and the location of and rationale for development are sufficiently addressed. Councilmember McGehee opined that she was open to suggestions; and had previously asked Community Development Director Trudgeon to come forward with figures for purchase of some parcels in the Twin Lakes Redevelopment Area. Councilmember McGehee concurred with Councilmember Johnson for the need to initiate something; however, she cautioned that if the City started with the wrong thing, it may prove detrimental to the City. If talking about tax increment financing (TIF) or other investment of public monies, Councilmem- ber McGehee opined that there was a need to provide leadership and a basis for a good tax base return to residents of Roseville, and goes beyond "break even" or does not become a drain on the community. Councilmember McGehee opined that she was not opposed to TIF as long as it provided an economic re- turn for citizens. Commissioner Boguszewski opined that the Planning Commission was in agreement, as long as there was a net gain for the City.