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Regular City Council Meeting Monday, October 22,2012 Page 21 Councilmember Pust noted that, given today's date, and the current weather, the ten (10) days if not longer would be an applicable suspension for the remainder of this season. Pust moved, Willmus seconded, authorizing the Roseville Police Department to issue and administer the $1,000 presumptive penalty for sale to a minor as set forth in Section 302.15 of Roseville City Code; to issue and administer an addi- tional $1,000 penalty for failure to comply with manager/server training re- quirements; and further to issue and administer a ten (10) day suspension of the liquor license at Cedarholm Golf Course; with the City waiving the ten (10) day grace period for appeal, with suspension to commence immediately. At the request of Mr. Brokke, City Attorney Gaughan confirmed that the appeal period could be waived by the City in this instance. Roll Call Ayes: Willmus; Johnson; Pust; McGehee; and Roe. Nays: None. 13. Business Items—Presentations/Discussions a. Discuss Redevelopment of the Hagen Property at 2785 Fairview Avenue into Market-Rate Apartments and the Use of Twin Lakes TIF Funds to As- sist in the Project Community Development Director Patrick Trudgeon reviewed the status of the Hagen property, located at 2785 Fairview Avenue as detailed in the RCA dated October 22, 2012. Mr. Trudgeon noted that this property currently consisted of a multi-tenant trucking terminal; with the City having purchased approximately 2.05 acres of the property in 2009 for future Twin Lakes' right-of-way. Mr. Trudgeon noted that the City had recently been approached by property and de- veloper representatives regarding potential redevelopment of the remaining 5.83 acres of this parcel into 215 market-rate rental apartments. Mr. Trudgeon noted that this proposed development by Twin Lakes Apart- ments, LLC, as proposed, would serve to promote a desirable mix of uses in Twin Lakes; provide a housing style (market rate apartments) that is needed and desired; provide a great entry point into Twin Lakes; provide for a significant reinvestment of tens of millions of dollars into the property; and provide a posi- tive revenue stream into Tax Increment Financing (TIF) District 17. Mr. Trudgeon advised that the project was proposed in three (3) phases, and pro- posed 1, 2, and 3 bedroom units with high quality finishes and amenities. Mr. Trudgeon advised that a significant cost of the development was due to design standards established by the City for underground parking for tenants, as well as