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Regular City Council Meeting Monday, March 03, 2008 Page 16 Council on broader infrastructure challenges and design work in the Twin Lakes Redevelopment Area. Mr. Trudgeon advised that McGough had applied for TIF dollars in initial discussions with staff; and noted that staff anticipated that an- other developer in the Twin Lakes Redevelopment Area may also be seeking pub- lic assistance. Infrastructure Imarovements and Cost Allocation Study for the Twin Lakes AUAR Area City Engineer Deb Bloom introduced Traffic Consultant Craig Vaughn, S.R.F. Consulting Group, Inc., who highlighted minor modifications to the study since its last presentation, based on a review of the document in practical use with the McGough Development application and staff; as well as in response to questions and comments of the City Council at their February 11, 2008 meeting. Those comments were specific to pedestrian amenities in the concept plans; whether a sidewalk was included as part of the Fairview Avenue improvement, physical im- pacts to adjacent property owners along Fairview Avenue; flexibility of the con- cept plans for development proposals in the future; and cost assessments or as- signments in the future. Mr. Vaughn noted that roadway cost estimates for concrete median costs associ- ated with roadway infrastructure were increased by approximately $200,000 to account for oversight in that line item; utility concept costs were estimated, during discussions between McGough and staff, and calculations modified based on util- ity cost estimates on land use, with that land area slightly modified; and also that additional contingency costs for stormwater components were increased for po- tential stormwater ponding costs in the future at twenty percent (20%). Ms. Bloom opined that, as a result, staff was confident that the modifications were more reflective of realities and assumptions based on the best information cur- rently available and projected. Ms. Bloom noted that, as with current and past practice, staff anticipated holding public informational meetings for any major construction projects, outside of City Council meetings, with the proposals based on AUAR mitigation strategies previously outlined and detailed. Ms. Bloom reit- erated that these were concepts, and subject to change, but would provide a foun- dation for discussions. Councilmember Roe questioned how, with this first development, agreements and finances could be in place to allow them to be a contributor to mitigation strate- gies triggered by future developments. Mr. Vaughn noted that this discussion had been held between staff and develop- ers, seeking to establish that process, with staff concurring that the approach would be that, as a developer came forward, a portion of collected dollars would