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along with what Landform is doing and to continue to provide what the City needs from a public finance perspective. He reiterated that Northland's goal is to support City staff as well as Landform staff in its decision-making. City Administrator Ulrich suggested that the Finance Committee retain Northland to work on the Ramsey Town Center (RTC) project and this retainer could be approximately 10-15 hours per month, or as needed, to work with the RTC project team. He stated a retainer of 15 hours per month, or $2,500 per month, for the remaining four months of 2009, would be $10,000; the Finance Committee could also recommend payment of Northland's hourly rates of $160/hour, with a not to exceed clause. Discussion ensued regarding the scope of work being performed by Northland and by Landform. Mr. Fifield noted that over the course of the last couple of meetings, it has become clear that City staff and Landform have come up with a list of improvements related to the RTC and that list informed Northland's list of capital improvements. He stated that list then dovetails in with what Landform is doing in terms of sequencing, where revenue might come from, etc. He indicated that any number of scenarios could be reviewed, and Northland's biggest challenge will be to create an analysis that fits with the testing of those scenarios. He added there are two elements that come to mind, i.e., how does the project generate revenue with whatever borrowing occurs, and then how does that add cost to the landowner and does that create development that is feasible. Motion by Councilmember Elvig, seconded by Councilmember Wise, to recommend that the City Council adopt a resolution Authorizing Proposal from Northland Strategies for Strategic Financial Planning Proposal in an amount not to exceed $13,600. Motion carried. Voting Yes: Chairperson Look, Councilmembers Elvig and Wise. Voting No: None. Case #2: Consider Partial Acquisition of Lot 1, Block 1, Alpaca Estates Public Works Director Olson presented the staff report and stated the City currently has a signed development permit for this property. Chairperson Look stated it appears the property owner had to modify his site plan to allow for this partial taking by the City. He asked if the site plan was approved by the City. Public Works Director Olson stated that through the platting process, the City can require additional right-of-way; but if the property owner has a site plan, the City cannot take additional right-of-way. He stated in this case, he was not certain what the property owner had as far as drawings, and the property owner did not have site plan approval. Chairperson Look stated he wants to make sure this is a valid request from the property owner and that he did in fact do everything that was asked of him. Finance Committee / August 25, 2009 Page 2 of 4