Laserfiche WebLink
2.7 On April 18, staff, in consultation with the firm of Krass Monroe, presented specific <br />development and financing terms negotiated with Rottlund homes as part of the continued <br />requirements under the Exclusive Negotiation Contract. These terms, with Council <br />suggested modifications will become the basis, if approved, of the redevelopment <br />contract for the Twin Lakes Phase I project. <br />3.0 SUGGESTED COUNCIL ACTION <br />31 Per motion, accept the terms outlined in the term sheet and authorize the preparation of a <br />Redevelopment Contract with Rottlund Companies for the Twin Lakes Phase I <br />development plan per the requirements of the Council Resolution No. 10285 approved on <br />March 14.2005. <br />Report Prepared by: Dennis Welsch, Community Development Director (651-792-7071) <br />Cathy Bennett, Economic Development Specialist (651-792-7072) <br />Attachments: Council ResolutionNo. 10285, Term Sheet <br />�R��VG�It� ,q�l� �ic]hlh�i',NL�St+INIhJG FILCSti3i3�0-]i94�J595 Rnllluud-Tnin Lak�,c Ph� 15:��ntr�•t�J?.1C'A-P�S45- <br />ilatllundlmna�xaC4?fi{15j.i}oo - - - - - <br />.� <br />