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City Council Regular Meeting — 09/13/04 DRAFT Minutes - Page 34 John Kysylyczyn, 3083 N Victoria Mr. Kysylyczyn provided a bench handout with his interpretation of proposed levy and inflation calculations. 10. Briefing about a Twin Lakes Redevelopment Financial Plan Tim Whitten, AIA of Rottlund Homes Mr. Whitten presented the most currently-revised site plan for the proposed Twin Lakes Redevelopment area, and pointed out the areas that had been revised since the Council's last review. Mr. Whitten briefly reviewed the process to-date, and highlighted his perceived improvements to the latest site plan (i.e., relocation of the proposed Costco to the lower quadrant to facilitate parking and traffic flow; creation of synergy for a "town center" and multiple use continuity; "Main Street" retail concept; and incorporation of stakeholder's panel goals. Mr. Witten opined that, from a housing standpoint, the project could succeed, and further opined that the plan had been revised well to meet the needs of prospective commercial developers. Councilmember Ihlan questioned and clarified several components of the revised plan related to the relocation of the major retailer, public plaza identification, and access functions. Councilmember Ihlan also questioned the intent of the developer related to Langton Lake and the apparent extension of the water feature into the development. Mr. Whitten noted that the developer was attempting to take advantage of this natural amenity and was looking at various options. Councilmember Ihlan emphasized that the park was not open for development, and the developer needed to be aware of the boundaries of the park and their private property. Mr. Whitten reviewed several options under consideration for a possible connection or walkway around the lake, and noted that the drawing presented was only conceptual, and should be Briefng about a Twin Lakes Redevelopment Financial Plan