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Regular City Council Meeting Monday, May 21,2012 Page 35 than 100,000 trips daily. Ms. Bloom summarized that the increased traffic pro- jected for the future was 6,000 vehicles per hour for northbound I-35W some portion of which may utilize the interchange, but clarified that they would not all be accessing the Wal-Mart development specifically. Ms. Bloom displayed a map showing the Twin Lakes Parkway interchange, and proposed interchange improvements to address cuing concerns of MnDOT and S.R.F. Consulting, both included as attachments to the staff reports as back- ground material, and potential stacking concerns impacting I-35W, creating the required improvement shown in the Development Agreement. Regarding the City requirement to make sure access was made available to the Wal-Mart site, Ms. Bloom and Mr. Trudgeon were in agreement that they didn't foresee a delay in providing permanent access, without the need to provide a temporary means. However, Ms. Bloom advised that the City would be obligat- ed to provide access, whether temporary or permanent in accordance with the terms of the Development Agreement. At the request of Mayor Roe regarding public comment on who would pay for the rest of the cost of the I-35W im- provements, Ms. Bloom advised that, while that remains to be determined, grant funds and Chapter 429 assessments to benefitting property owners were both options. Ms. Bloom noted that the City's request for grant funds had been scored very favorably, but was still not awarded, and expressed cautious opti- mism that funding would be made available,but not yet in place. Current level of retail in Roseville and Potential Impacts for Wal-Mart At the invitation of Mayor Roe, Ms. Steinwall responded that, while she was not privy to Wal-Mart's business plan, market research had found that Roseville cit- izens were shopping at Wal-Mart. Ms. Steinwall noted that her client was obvi- ously confident that there were unfilled retail needs in the community, and they recognized Roseville as a terrific community and were excited to become part of that community. Ms. Steinwall advised that trends supported the fact that the more retail available in an area, the better the market was for everyone; and advised there was no concern by Wal-Mart with existing retail in Roseville. Spacing of Stores/Potential Closures At the invitation of Mayor Roe, Ms. Steinwall responded that, while again not privy to her client's business and/or future plans, in observing other big box re- tailer space throughout the Twin Cities area (e.g. Target), there were similarities for locating close to other stores. Whether one store may close due to another store being built in Roseville, Ms. Steinwall noted that she was unable to predict the future; however, she anticipated that a vast majority of customers will visit this Wal-Mart from within a two (2)mile radius. Roseville Design Standards/Development Process