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City Council Regular Meeting Minutes June 26, 2001 Page 6 1 Mayor Cavanaugh asked if they were making the recommendation responsibly, considering cost and 2 feasibility. Mr. Rapp stated that they were. He added that legislature, and=other things could impact 3 the recommendation but that they will put forward things and show them how they can be successful 4 and the choices that the City would need to be made. 5 Mayor Cavanaugh asked if the Market Rate for the City of St. Anthony is part of the study that is fixed. 6 Mr. Rapp stated that a fundamental part of the development process like this one must have a Market 7 Analysis attached to it. He added that any prudent developer would not move forward without s understanding of what they could achieve in terms of revenue. He added that a Detailed Market 9 Analysis is part of what they would be receiving at the next meeting. 10 Councilmember Thuesen indicated that they have been hearing new possibilities all throughout the 11 process, and expressed his hope that doors have not been closed on any of the suggested possibilities. 12 Mr. Rapp stated that he was there tonight to encourage them not to try to zero in too much on details. 13 He stressed that a general framework is the key, and added that a process like this requires patience. 14 Councilmember Thuesen stated that all of the patience could still bring them nothing when they receive 15 the two Concept Plans. Mr. Rapp stated that was true,yet a project of this magnitude requires-: 16 patience so that they will get a different result than the one.they had previously.'-'71° 17 Councilmember Horst stated that the Council had decided to not be too instrumental in the project, and 18 said that they have kept out of the business of the steering committee on the project. He added that he 19 was uncertain of what preferences have been concluded. Mr. Rapp stated that all of the discussions 20 and preferences and input would be included in the information to be received next month. He added 21 that there is an inevitable balance between financial feasibility and preferences and they will need to 22 make tradeoffs in order to make them work. 23 Councilmember Horst stated that the residents have had a difficult time with spending money in the 24 past. Mayor Cavanaugh identified the anxiety they are experiencing in waiting for July and addressed 25 Councilmember Horst by saying that they will have material with which to pursue his concerns come 26 July. 27 Mark Ruff, Ehlers and Associates, stated that they would be faced with a number of people who will be 28 interested in proposing on this development. He urged them to think of this document to be received 29 next month as a list of priorities of things such as public amenities. Mr. Ruff stated that it would help 30 them later on in negotiations with developers in terms of priorities and what they want to see out of this 31 development. 32 Councilmember Horst gave an example of townhomes, and not wanting to see them anywhere in the 33 new development, and asked how that type of public input would be helpful. Mr. Ruffstated that they 34 have the majority of the control on those types of issues, by keeping track of their list of priorities.