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Does not create property tax implications for Acosta /Boog associated with improvements abutting their <br />property. <br />Allows vacation of easement to keep Pine Tree Ponds project moving forward. <br />Cons: <br />Eliminates option for Brausens to be "developer" of their property. <br />As currently configured, does not meet 50 x 50 building pad accommodation while complying with setbacks. <br />Requires City to cash out Brausens today and sit on land until unknown date in the future, <br />Requires a value determination today of Brausen property that may take years to develop. <br />Requires Acosta /Boog to enter into Option Agreements. <br />3 <br />