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City/REDAis not comfortable with providing any level and/or types of support for this <br />31 <br />development, it would be appropriate to indicate so at this time in order to save additional time and <br />32 <br />expense by the developer and staff going forward. <br />33 <br />PO <br />OLICYBJECTIVE <br />34 <br />This is the first request for public subsidy based upon the City of Roseville and the REDA Public <br />35 <br />Financing and Business Subsidy Policy adopted on October 17, 2016 (Attachment D). <br />36 <br />BI <br />UDGET MPLICATIONS <br />37 <br />The REDA will hear various financing options. All financing options would require some level of <br />38 <br />public assistance. <br />39 <br />40 <br />SR <br />TAFF ECOMMENDATION <br />41 <br />Receive Presentation from Sands Development, LLC,provide feedback and level of interest <br />42 <br />supporting development of the site. <br />43 <br />REDAA <br />EQUESTED CTION <br />44 <br />Receive Presentation from Sands Development, LLC, provide feedback and level of interest <br />45 <br />supporting development of the site. <br />46 <br />Prepared by:Kari Collins, Community Development Director, 651-792-7071 <br />Attachments:A:Aerial of Site <br />B: Zoning Map <br />C:Summary ofProposed Development <br />D: Public Financing Criteria/Policy <br />Page 2of 2 <br /> <br />