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(3} (4} b. Rottlund submitted a marketing analysis completed by GVA Marquette Advisors outlining the market feasibility of the proposed project which is attached as E�ibit C. c. The Council finds that the submission satisfies the requirement of Section 1.04(2}. a. Rottlundpresented to the City Council onFebruary 28,2005 amemo from R�,� Kuusisto as provided in E�ibit D which provide the following: i. opinionsregarding the zoning, shoreland, andpark dedication ordinances and requirements; and ii. sunlmary regarding the approvals that will bc required fro��. govarnrriental agencies to complete the rede�'elaprnent proj ect; and iii. summary regarding the adequacy of utilities and sfireets and identified the required infrastructure changes as part of the Phase I redevelopment plan; and iv. a draft transportationplan. b. The Council finds that the submission satisfies the requirement of Section 1.04(3) and Section 1.04{4) and Section 1.04 (5). a. Rottlundpresented to the City Council on February 28, 2005 a mema from American Engineering Testing as provided in E�ibit E which summarizes the e�sting environmental reports that have been completed within the Twin Lakes Phase I areas as well as lists which includes a number of, but is not limited to, additional environmental investigationsplannedpriorto redevelopment. b. The Council finds that the submission satisfies the requirement of Section 1,04{f} withthe understandingthat additional environmental investigations would need to be monitored and approved by the Minnesota Pollution Control Agency under the Voluntary Investigation and Cleanup Program and the Voluntary Petroleun� Investigation and Cleanup Program. 2.02 In summary, the Council hereby finds that Rottlund has successfully completed a11 actions required to be taken by it by March 14,2005 under the Contract.