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1. Resolution 10166 <br />EXTRACT OF MINUTES OF MEETING OF THE <br />CITY COUNCIL OF THE CITY OF ROSEVILLE <br />Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of <br />Roseville, County of Ramsey, Minnesota, was held on the $'� day of December 2003, at �:00 p.m. <br />The following members were present: Kough, Maschka, Klausing, Schroeder and Kysylyczyn <br />and the following were absent: none. <br />Councilmember Maschka introduced the following resolution and moved its adoption: <br />RESOLUTION NO. 10166 <br />A RESOLUTION AUTHORIZING AN EXCLUSIVE NEGOTIATION <br />PERIOD BETWEEN THE CITY OF ROSEVILLE, MINNESOTA AND THE <br />ROTTLUND COMPANY, INC. FOR THE TWIN LAKES <br />REDEVELOPMENT AREA <br />BE IT RESOLVED by the City Council (the "Council") of the City of Roseville, Minnesota <br />(the "City"), as follows: <br />Section L Recitals. <br />1.01 The Twin Lakes Redevelopment Area ("Twin Lakes") is an approximately 275-acre <br />area which is generally bounded by Cleveland Avenue on the west, County Road C-2 on the north, <br />Snelling Avenue on the east and County Road C on the south, but also includes property along <br />Cleveland Avenue north of County Road C-2 and industrial properties north of Terrace Drive, of <br />which approximately 170 acres remain to be redeveloped. <br />1.02 Development of Twin Lakes began in the 1950s, and currently consists primarily of <br />trucking companies and related businesses. Federal deregulation of trucking in the 1980s has caused <br />an economic decline in the Twin Lakes area, and in 1988 the City designated the area as the Twin <br />Lakes Redevelopment Area as a target for long-term redevelopment. <br />1.03 The City's Twin Lakes Business Park Master Plan (the "Twin Lakes Master Plan"), <br />adopted on June 26,2001 as an amendment to the City's Comprehensive Plan, outlines the City's <br />plans to redevelop Twin Lakes into a"Business Park" which will include multi-story offices, one- to <br />two-level high-tech flex space, service industries, service retail and multi-family housing. <br />1.04 The City's goals far Twin Lakes include creation of a livable environment of less <br />intrusive and architecturally consistent land uses with well-planned roads, utilities, ponding and <br />