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Regular City Council Meeting Monday, February 9,2015 Page 17 as to whether there was a consensus of the Council to move the project further pending their submission of updated proformas and their analysis of different ap- proaches to orient units. Councilmember Laliberte opined that it was up to Sherman as to how much more work they were willing to do. Councilmember Laliberte stated that she was very interested in receiving the updated traffic study, as well as feedback from the community survey process recently completed and scheduled for presentation on February 25, 2015 at the Twin Lakes Planning meeting. Following her review of that material, Councilmember Laliberte opined that she could then pin down the financial pieces. Councilmember McGehee concurred with Councilmember Laliberte's comments; further noting that the City Council would be meeting for their own Planning Re- treat next week; and until those meetings and presentations were completed, she was not willing to commit to doing further work at this time. Councilmember Etten opined that there should be some work Sherman could do between now and then to further help the City Council's discussion rather than them not doing anything further. Without that updated information from Sherman as requested tonight, Councilmember Etten opined that the City Council could not make intelligent choices, and suggested Sherman complete their further due dili- gence within the next few weeks. Councilmember Laliberte concurred with Councilmember Etten's comments. Councilmember McGehee stated that Sherman could do so if they so chose, but the proposed project was not getting her resounding support right now. George Sherman Response Mr. Sherman stated that his firm wanted this to be a successful project for Rose- ville, and therefore, there were some additional things they could do as requested. Mr. Sherman advised that this included addressing the percentage of workforce units in each building, which he opined had a high probability of success, but reit- erated that he didn't think those revisions would provide any huge reduction if any in the amount of TIF assistance they planned to request for the project. Regarding Twin Lakes Parkway, Mr. Sherman again stated that, if the City chose to extend the Parkway, his development team would work with them, but if not the development could still proceed. Mr. Sherman advised that he was unable to clearly identify a firm number for the TIF funds request at this time, until they analyzed the financial gap further related to the affordable housing mix. However, Mr. Sherman reiterated his request to