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Staff will monitor and report on regional mixed -use <br />market trends affecting the Town Center development <br />b. Lead Parties: Community Development Staff <br />Finance Department Staff <br />Key Contributors: Springsted Inc. <br />Kennedy & Graven <br />Development sector (bankers, brokers, <br />developers) <br />c. Funding Source: General Fund — CD Budget <br />Note: Staff is requesting clear guidance from the city council on the direction it wishes to <br />take and how it wants the staff to deal with events and actions affecting the future of the <br />Town Center project. <br />b. Specific Performance Objectives for Calendar Year 2009 <br />(1) Objective: Continue to monitor and respond to events and <br />requests pertaining to the Town Center project consistent with the <br />direction and guidelines established by council (Ongoing) <br />a. Key Action Steps: <br />i. Staff will keep Council informed of all potential <br />development opportunities <br />ii. Staff will monitor and report on regional mixed -use <br />market trends affecting the Town Center development <br />b. Lead Parties: Community Development Staff <br />Key Contributors: Springsted Inc. <br />Development Sector (bankers, brokers, <br />developers) <br />c. Funding Source: General Fund - CD Budget <br />2. Goal: Plan for and implement needed local and regional <br />transportation improvements <br />a. Specific Performance Objectives to be completed during 2008 <br />—22— <br />2 <br />• <br />• <br />• <br />