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Regular City Council Meeting Monday, February 11, 2008 Page 21 Mr. Vauglui reiterated that this document was not to serve as programmed im- provements set in stone; but that each development proposal would be evaluated on a cumulative basis, with consideration of impacts after completion, mitigation measures necessary, and a phased approach to move into the future, with the in- tent to safeguard some of the expressed concerns, thresholds established when things were needed; and whether various components would come to fruition or not. Councilmember Roe noted the need for the Council to have a policy framework in place to address those issues, and their detailed implementation, as a friture dis- cussion. Economic Development Associate Jamie Radel Ms. Radel provided an overview of public financial participation framework; its purpose; criteria; priority funding activities; and general parameters for projects within the Twin Lakes Redevelopment Area. Items for discussion included the Twin Lakes Master Plan; Twin Lakes Design Principles; Imagine Roseville 2025; land uses; aesthetics; environmental quality and sustainability; parks; transit and transportation options; employment; tax base diversification; and housing oppor- tunities. Priority funding activities, such as environmental contamination clean up; public infrastructure construction; streetscapes; land acquisition; site im- provements; and grant opportunities, were highlighted. Discussion included criteria for City Council policy discussions; maximizing green space by clustering density to provide open space; potential assistance to developers to improve their economics to achieve some of the City's objectives (i.e., public transit to lower impacts on traffic in the overall system); relationship between traffic and what works economically based on tax generation; and meas- urement of public benefit. Councilmember Ihlan reiterated her interest in receiving from staff a fiscal impact analysis from the City's perspective related to the effect of using TIF and tax base and revenue implications, and how those will help to achieve goals and fit into the larger picture; criteria for benefits to the local economy from employment oppor- tunities; and livable wage guidelines. Mr. Trudgeon noted that such criteria was often a "mix and match" reality, and was very subjective, unless staff directed that a developer was to meet every one of the proposed criteria. Mr. Trudgeon advised that a fiscal analysis was feasible to a certain extent; and the Council should express their priorities and preferred criteria for the public's benefit. Councilmember Roe noted that, under the City's Capital Improvement Policy, discussed earlier tonight, there are requirements that any future redevelopment