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f I 1 Submit to the City a preliminary site plan for the Redevelopment showing the <br />size, nature and location of the proposed minimum improvements, including <br />parking, landscaping and other exterior improvements. <br />( 2] Complete or finalize necessary feasibility, marketing and financial analyses, <br />including the timing and phasing of the proposed Redevelopment, <br />preliminary pro �fo:r�as and likely revenue sources for the initial phases. <br />�? ] Review and comment upon the adequacy of existing ordinances, including <br />zoning ordinances, to facilitate the Redevelopment. <br />t��i Ascertain what approvals will be required from governmental agencies for <br />the Redevelopment. <br />r£ i Investigate adequacy of utilities and streets and identify required <br />infrastructure changes; also review existing transportation plan to determine <br />adequacy. <br />r�� � Review existing environmental reports and determine if additional <br />environmental investigation is necessary. <br />� L'{. LI 45:-I � . Findings <br />2.01 With respect to each of the required actions listed i�� Section 1.04, the Council makes <br />the following findings: <br />(�) <br />��) <br />a. Rottlund submitted a preliminary site plan for the Redevelopment <br />showing the size, nature and location of the proposed minim.ua� <br />improvements, including parking, landscaping and other exterior <br />improvements as discussed in Rottlund's ��ema presented to the City <br />Council on Februaiy 28, 2005 attached as Exhibit A. <br />b. The City Council provided Concept Land Use approval for a Pla�a.ned <br />Unit Development of Phase I on January 10,2005. The Council finds <br />that this submission satisfies the requirement of Section 1.04(1} <br />above. <br />a. Rottlund presented to the City Council a financial pro forma on <br />February 28, 2004 which outlined the financial feasibility of Phase I <br />development of areas 1-5 and 8. A copy of a cover transmittal andpro <br />forma as presented to the City Council with the Cotuicii requested <br />revisions is attached as Exhibit B; and <br />� <br />