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� or redevelopment by a third party within the Redevelopment Area, condemn or agree to proceed with lhe canden�nalion ol�any property within the Redevelopment Area to assist or facilitate development within such area by any third party. 'The City acknowledges that Redeveloper has, during the ter� of t1�is Agreement, the exclusive right to deal with the City on matters relating to the redevelopment of tl3€: Rede�relap��lent Area. and the City will do nothing which is inconsistent with that right. Recleveloper understands, however, that much of the real property in the Redevelopment Area is • i11 iiL� by third parties and that the City cannot preclude the development thereof by its owners; ��-a4�ic(ec1, {�vtivevc�r, the City agrees tQ consider implementing an interim ordinance pursuant to Minncsota Statutes 462.355 as necessary for the protection of the planning phases of the [2edc��clnp��le��t Area, and proi�ideci f rr-ther that the City reserves the right to seeit the Redeveloper's written consent to modifications or exclusions from this paragraph on a case-by-case basis, which tftc �Zecfevelo�cr agrees to consider and cietern�ine in its reasonable discretion and within a reasonable iimk Is;3r��t�, G��} lti� in[orrr� the City of its decision promptly in writing. (b) �I�l�G C'ity agrees to promptly process ;i?I : p��t:,iiit:n.w relating to the It�cic��clo�7i��ent. �I�f�c f'ii�� shall lahe rcasUn�ble steps consistent �vith its statutory authority anci '��t�7�1;�' ��. a ciis�r�tio��, wt7�re ;�r:7'iic:.i'i�'iti�_ to ir�,;��i,i�� tncl complete or cause to have completed on a ti�ncly Iri7..,;;: �1�� eccssary and appropriate �;overnme�ital actions needed to redevelop the Reeleuefo�c��e��t Area, including, but not limited to, those actions set forth in Section �� �'� E'hased lle�elopntent (a} Redeveloper and the City acknowledge that the Redevelopment Area may be rcdevclope[i in non-contiguous phases over a number of years. The redevelopment of the Re�cvelopment Area, including the scope, nature and location of phased redevelopment, will be subject to such priorities as Redeveloper and the City, in their reasonable judgment, deem consistent with the Master Plan and market conditions, taking into consideration the following variables: timing, geographic areas within the Redevelopment Area; the scope of necessary improvements; and the type of development to take place (for example, residential or commercial). (b� As a result of the phased redevelopment of the .FZedeveloptne�[ Area, the City anticipates that it will enter into a Redevelopment Agreement for the Redevelopment Area with Redeveloper which rnay provide for separate Redevelopment Agreements with Redeveloper for certain phases of redevelopment of the Redevelopment Area. The terms and conditions of such Redevelopment Agreements shall be subject to the provisions of this Agreement and the mutual agreement of Redeveloper and the City. 7. Redeveloper Actions. Redeveloper shall take the following actions: i;a; =�� September 30, 2004: � � � Complete work with an Advisory Stakeholder Task Force to be appointed by the Council (to include property owners, residents, neighborhood groups, business owners and developers) in formulating the Implementation Plan. 4