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XL Construction Timing and Methods The expected year of completion is 2020 or beyond. The City does not anticipate that any new market-driven projects will be added to 'Itnr�n Lakes before the fall of 2001. in addition, the City anticipates that construction will begin on Twin Lakes Parkway in 2002-2003. Unfavorable market conditions, legislativeamendments to development statutes or othercirGumstances may contributeto delays in the commencement or completion of construction. The factors which may influence the timing and methods of construction include: I� The extent of hazardous substances and the level of effort required for cleanup prior to site developmentwork and priar to receiving approval by the Minnesota Pollution Control Agency; �j The national and local market conditions far the proposed type and total square footage for each properiy, competition with other regional business parks offering similar amenities, and marketabilityof individual site locations within the Twin Lakes Redevelopment Area; 3 a The interim or fina�l alignment of the proposed Twin Lakes Parkway and selected staging to provide access to interiorparcels; �) Degree of local controversy and challenges introduced by current and future land owners and area neighborhoods relative to relocations, condemnations and site- specific impacts such as traffic or noise; 5 j Business plans of existing properiy owners; and �� Availability dates and sources from which the City expects public funds needed for redevelopment and infrastructure. Building, parl�ing lot and outdoor storage area demolition and associated utility relocations will occur, and soil correction, surcharging, x�ass grading and pile driving will nced to be completed to prepare the individual sites for building development. Erosion control practices will be implemented to protect �rosion/sedimentation impacts to Langton Lake and Oasis Pond, and existing trees will be protected to the extent possible. l�