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City Council Study Session —10/18/04 DRAFT Minutes - Page 18 whether for ponding to address wetland mitigation or as part of future Ladyslipper park development. Councilmember Schroeder reviewed potential advantages for the realignment of South Owasso Boulevard and right-of-way adjustments, as well as traffic calming affects. Councilmember Schroeder noted the need for soil condition information as part of the proposal. Discussion ensued regarding the $1.2 million bookkeeping issue for the internal loan or transfer. Staff was directed to draft a resolution for Council consideration for presentation at a future Council meeting as it related to this item. Mayor Klausing confirmed that he needed additional information on the ponding issues, noted Councilmember Ihlan's concerns regarding whether the ponding was consistent with current uses of the natural space; and opined that he was not supportive of selling the lots right now. Councilmember Ihlan noted that neighborhood meetings scheduled for the proposed South Owasso Boulevard reconstruction would provide neighborhood reactions. City Manager Beets sought further direction from the Council on the parcels located on the south side of Owasso, and whether those lots were going to be considered for sale, in order for staff to determine stormwater options for the proposed reconstruction project. City Manager Beets asked for clarification if the properties were at play for street realignment or not to be considered by staff. Councilmember Maschka opined that it made sense to sell four of the lots at each end, and retain the properties in the middle, and use open space for stormwater or maintain it as open space; further opining that such action wouldn't be detrimental to the overall open space and trading lots would make sense. City Manager Beets noted that soil samples would determine if the lots are buildable. Council consensus was to direct staff to order soil samples on the lots on each end of Ladyslipper Park.