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3 <br /> • 1 able to lower the mill rate a little due to the revenues coming in <br /> 2 from those projects. <br /> 3 Holum Repgrts Receiving Good Lender Resuonse to the Project <br /> 4 The redeveloper indicated Evergreen had received three "solid" <br /> 5 proposals for financing so he didn't anticipate any problems with <br /> 6 financing the project. He also said thee was strong interest in the <br /> 7 project and they were not worried about sales at all. <br /> 8 H.R.A. Action <br /> 9 Motion by Ranallo, seconded by Marks to: <br /> 10 1. Designate Evergreen Development Corporation as the redeveloper <br /> 11 for the Evergreen Townhouse Redevelopment Project which is <br /> 12 recognized as a "for-sale" townhouse development to which the <br /> 13 H.R.A. will provide assistance in terms of soil correction. <br /> 14 2 . Direct the H.R.A. staff (Executive Director, Attorney, and <br /> 15 Planning Consultant) to negotiate a Redevelopers Agreement <br /> 16 with Evergreen. <br /> 17 3 . Authorize Development Advisory Services to prepare a Tax Incre- <br /> 18 ment Plan. <br /> 19 Notion carried unanimously <br /> 20 Mr. Childs indicated he hoped the redeveloper would be working on <br /> 21 the preliminary plat for the subdivision of the property and the <br /> 22 street vacation during the time the consultant is preparing the tax <br /> 23 increment documents so "everything can jell at the same time" so the <br /> 24 redevelopers would be able to get into the ground this fall. He <br /> 25 asked Mr. Hoium to call him at the office the following day so he <br /> 26 could tell him what kind of temporary signage the City Ordinance <br /> 27 allowed the project. <br /> 28 ADDITIONAL CLAIMS <br /> 29 A brief discussion of the two bills which Mr. Krier had submitted for <br /> 30 consulting services on the Kenzie Terrace Redevelopment Project and <br /> 31 the Evergreen Townhouse Redevelopment Project since January as well <br /> 32 as efforts being made by the architect on the Kenzie Terrace Phase I <br /> 33 project to get paid for his services on the Kenzington preceded the <br /> 34 following: <br /> 35 H.R.A. Action <br /> 36 .Motion by Enrooth, seconded by Marks to approve payment of $3 ,239.10 <br /> 37 to Development Advisory Services for consulting services on the <br /> 38 Kenzie Terrace Redevelopment Project from January through May, 1988 , <br /> • 39 as well as $699.91 to the same firm for services related to the <br />