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Item 8A − Reports <br />Expiration of Preliminary Development Agreement with Master Development <br />May 12, 2008 EDA Meeting <br />Page 2 of 2 <br /> <br />does, however, hope to maintain an informal relationship with the City and may be <br />approaching staff in the future regarding his interest in a different site located within <br />Mounds View. <br /> <br />Conclusion <br /> <br />Building and maintaining positive relationships with developers and other <br />redevelopment professionals is crucial to obtaining the best possible projects for the <br />community. Although the Preliminary Development Agreement with Master <br />Development did not provide the preferred results, it is important that the EDA, staff and <br />Master Development maintain a positive relationship. <br /> <br />Respectfully submitted, <br /> <br /> ____________________________ <br />Heidi Steinmetz <br />Economic Development Specialist <br /> <br />Attachment: <br /> <br />• 07-EDA-237 Resolution <br />