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amount paid will be dependent on the final negotiated amount approved by the Council or will be <br />determined by the condemnation proceedings if negotiations fail. <br />STAFF RECOMMENDATION <br />Staff recommends that the City enters into the stipulation agreements with Pikovsky Management <br />LLC/PIK Terminal Co. Limited Partnership. <br />REQUESTED COUNCIL ACTION <br />Motion to enter into the stipulation agreements with Pikovsky Management LLC/PIK Terminal Co. <br />Limited Partnership regarding the purchase of property for the Twin Lakes Phase I Infrastructure <br />project. <br />Prepared by: Patrick Trudgeon, Community Development Director (651) 792-7071 <br />Attachments: A: Map showing Phase I Twin Lake Infrastructure Project <br />B: Stipulation Agreements with Pikovsky Management LLC/PIK Terminal Co. Limited Partnership. <br />Page 2 of 2 <br />