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Country Drive Redevelopment Project <br />August 9, 1988 <br />Page 4 <br />o Prepare commercial /retail feasibility report. <br />November 15, 1988 - February 15, 1988 <br />o Prepare preliminary financial plan. <br />January 1, 1989 - February 15,, 1989 <br />o Prepare request for proposals /developer negotiations. <br />February 15, 1989 - May 1, 1989 <br />Upon completion of the site development analysis, the City could <br />utilize either a direct developer negotiation or a request for <br />proposal process. At this stage, we are not recommending a <br />preference as the City will wish to review the data obtained to <br />determine the attractiveness of the site. <br />Overall, this approach will provide a cohesive, subsequential <br />effort to encourage the redevelopment of the site. <br />PWP /1d <br />Page 22 <br />