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B. Project Updates <br />City Council has directed staff to get an appraisal and make an offer on the property at <br />Market Place Drive and 77th Street. <br />City Council approved staff to gather appropriate numbers and to have property acquisition <br />conversations with the property owners west of the 49/J property. <br />Lyngblomsten submitted an application. The City is anticipating the applicant will be <br />requesting assistance. Plans submitted are fairly consistent with what was initially submitted <br />and construction could possibly begin in 2019. <br />The City is in the process of working through a master development agreement with Lennar <br />for Watermark. City Council authorized preparation of plans and specs the northeast <br />drainage outlet. <br />ADJOURNMENT <br />The meeting was adjourned at 8:37 A.M. <br />