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City of Lino Lakes <br />Goals, Objectives, Management Action Plan: 2007 -2008 <br />Quarterly Status Report — October, 2007 <br />1 Complete Town Center <br />A. Calendar Year 2007 and 2008 <br />(1) Objective: Complete development of owner and rental housing <br />component over five -year period <br />(2) Objective: Complete development of commercial component over <br />five -year period <br />a. Key Action Steps: <br />i. Aggressively market and continue to support developers' <br />marketing efforts. <br />b. Lead party: Community Development Staff <br />Key Contributors: Hartford Development <br />c. Funding Source: General Fund. Primarily Staff Time <br />STATUS: Hartford has retained Welsh Companies to Market the Development. Housing <br />slowdown has significantly impacted housing development on the site. Hartford is preparing <br />to submit Senior /Assisted Living Project in October. <br />2. Plan for and implement needed local regional transportation <br />improvements <br />A. Calendar Year 2007 <br />(1) Objective: Pursue funding for local transportation improvements for: <br />1) 49/J Intersection; 2) Lake Drive /Main Street Intersection; and <br />3) Northerly bypass (Main St - 35W to 35E) <br />a. Key Action Steps: <br />Support Anoka County applications for obtaining Federal <br />Funding <br />ii. Continue working with Anoka County on planning efforts <br />b. Lead party: Community Development Staff <br />Key Contributors: City Council <br />Anoka County <br />Springsted Inc. <br />Finance Department <br />c. Funding Source: General Fund. Primarily Staff Time <br />STATUS: Council approved Resolutions of Support in April of 2007 for Anoka County's <br />STP application for 49/J and Lake /Main intersections. A letter of support for the County's <br />1 <br />