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POLICY OBJECTIVE <br />The stipulation agreement will allow for the construction of the Park and Ride Transit facility in the <br />Twin Lakes redevelopment area in a timely manner. Redevelopment of the Twin Lakes area has long <br />been identified in the Comprehensive Plan as an important priority for the City of Roseville. <br />BUDGET IMPLICATIONS <br />Under the stipulation agreement, the City will not receive any compensation. Sesides staff costs <br />for review of the document, the City will not incur any other costs. <br />STAFF RECOMMENDATION <br />. Staff recommends that the City Manager and Mayor enter into the Stipulation Agreement <br />regarding the Condemnation Proceedings for by Metropolitan Council for property at 2750 <br />Cleveland Ave. for the Roseville Park and Ride Transit Facility. <br />REQUESTED COUNCIL ACTION <br />� MOTION to authorize that the City Manager and Mayor to enter into the Stipulation <br />� Agreement regarding the Condemnation Proceedings for by Metropolitan Council for property at <br />� 2750 Cleveland Ave. for the Roseville Park and Ride Transit Facility. <br />Prepared by: Patrick Trudgeon, Community Development Director (651) 792-7071 <br />Attachments: A: Stipulation Agreement <br />Page 2 of 2 <br />