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<br />2.8 The staff has reviewed the three actions to be completed by September 30, 2004 and <br />found the actions to be completed consistent with the Agreement, and therefore recommends <br />adoption of a resolution authorizing further work through December 31, 2004. <br /> <br />3.0 RECOMMENDED COUNCIL ACTION <br /> <br />3.1 Adopt a resolution which affirms that the Master Developer has satisfactorily completed <br />the three actions set forth in the March 24, 2004 Twin Lakes Contract for Exclusive <br />Negotiations with The Rottlund Companies and authorizes the Master Developer and <br />staff to continue work in the next phase of the work program through December 31, 2004. <br />(draft resolution attached), <br /> <br />OR, <br /> <br />3.2 Adopt a resolution which terminates the March 24, 2004 Twin Lakes Contract for <br />Exclusive Negotiations with The Rottlund Companies, for reasons listed in the resolution. <br />(draft resolution attached) <br /> <br />Attachments: Draft Resolutions. <br /> <br />Prepared by: Dennis Welsch (651-792-7071), Cathy Bennett (651-792-7072) <br /> <br />\ \Metro-inet.us\roseville\CommDev\PLANNING _AND _ ZONING\PLANNING _ FILES\3500-3549\3543 _Twin Lakes Implement-Rottlund\Twin <br />Lakes Finance Plan\RCA _Twin Lakes Exc1 Negot Benchmark(092704 ).dcc <br /> <br />PF3543 - ReA (09-27-04) - Page 3 <br />