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Regular City Council Meeting Monday, July 22, 2013 Page 7 Mr. Foster further opined that, from a business perspective,he would like to see a consortium formed of bankers, a lawyer, and perhaps Councilmember Willmus, to set up a Business Task Force that would provide contact information in the lobby of City Hall to direct business interests I who to see if they wished to expand or re-establish a business in Roseville. Mr. Foster noted that this was not a compli- cated process, and would greatly improve business communications. In order to put together a successful project, Mr. Foster noted that it took architects and en- gineers, with the land aspect only a small part of the equation. Mr. Ralston opined that by the City Council considering financing options (e.g. 1033) and put- ting together a consortium, it would be a real plus for the City of Roseville. Councilmember McGehee thanked Mr. Foster for the information he provided, and noted that discussions were already underway for outreach efforts to the busi- ness community by the Community Development Department. Councilmember McGehee questioned if property owners for parcels #1, 2, 3, 4 and 8 were all in- terested in selling. Mr. Foster responded by saying it wasn't if you sold, but how you sold: whether a partnership, leveraged buyout, or other option; and that part of the selling pro- cess was addressing a large capital gain and how to address that. While appreciating the information provided by Mr. Foster, Councilmember McGehee advised that she was more interested in how property owners saw future development of the area, or the kinds of businesses or activities they would prefer in the Twin Lakes area. Mr. Foster responded that Roseville should set up a development corporation or something to serve as a facilitator for Twin Lakes, Har Mar Mall area or any other particular area, exclusive of any particular owner or any specific cash contribu- tion, but to simply serve as a facilitator. Mr. Foster noted that the SBA and banks now had money and were more flexible, offering an option for demolition and construction of a new facility as a possibility. However, Mr. Foster noted that a financial vehicle was needed to do that; with enormous benefits possible. Mr. Foster advised that this could be done with a tenant as well as a property owner, and opined that the City needed to look long-term. In response to Councilmember McGehee's request to elaborate, Mr. Foster opined that it would take a culmina- tion of everyone working together and all the pieces fitting together so when in- vestment bankers came into town, they would readily observe that Roseville was an investment town. At the request of Councilmember Willmus related to the positive feedback re- ceived for the Park & Ride facility, Mr. Ralston advised that it indicated that Ro- seville was looking ahead and had the foresight not only for its residents who were commuting,but also serving as a destination point. Mr. Ralston further not-