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Rusty Fifield is doing an analysis whereby he makes use of excess <br />tax increment proceeds in various districts to assist us in <br />assembling sites with minimal financial exposure. This option <br />should allow us to acquire some selected parcels within a limited <br />budget. While we need to have the appraisal process completed <br />before we can enter into negotiations, I feel this opportunity <br />would show property owners that we are serious about acquisition <br />and allow to acquire those parcels where willing sellers <br />presently exist. <br />Appraisal Update <br />The last item to be discussed is the status of the appraisal <br />process. The City Attorney will be present to update the Council <br />on this redevelopment component. It should be noted that while <br />we have experienced some unexpected delays in this regard, we are <br />still making progress in the preparation of the RFP. <br />I am looking forward to reviewing the various possibilities we <br />have facing us at Wednesday's workshop. If you have any comments <br />or questions in the meantime, please feel free to give me a call. <br />