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and residential builders. All of our efforts and those of our team will be closely coordinated and communicated with the city and city staff. Bonestroo will provide professional planning and engineering support services on an as needed basis which could include master planning, urban design, design guideline revisions, market research, engineering services, grant writing and regional issues/intergovernmental affairs. The resulting products and graphics will be used in finalizing or modifying the Town Center vision; in creating a sound economic strategy for the development of the Town Center; and in the sales and marketing efforts for the project. Bonestroo will prepare cost estimates and be able to provide construction plans and budgets, as necessary, for the design and implementation of the infrastructure for the project. Bonestroo has performed similar services for Arbor Lakes (Maple Grove), Heart of the City (Burnsville) and many other award-winning urban projects for cities throughout the upper Midwest. BCS will provide financial support and materials in our collective efforts to establish a comprehensive financial strategy and plan for the project. In addition, development profonnas and financial models will be created analyze each opportunity along the path of our implementation so wise decisions can be made. These financial models will be necessary in order to track and measure the team's success in meeting the over-all financial objectives for the project, as well as helping us determine the impact each deal structure will have on the over-all financial objective for the project at large. Our Relationship with the City In our approach as the Development Manager, we will be acting on behalf of the city, the city staff, and the community of Ramsey to ensure the best possible outcome for the completion of the Town Center project. Solomon will work closely with the city in establishing expectations between the parties on the scope and limitations of our responsibilities as the Development Manager. In this role, we would expect to be the lead company and team in all marketing of the Town Center to the marketplace at large. In essence, we will become the public voice, on behalf of the City, to the marketplace for the Town Center project. As such, we will communicate all of our plans and strategies with the city in advance so both parties have a road map of where we are and where we are going as a team and with the project at any given time. Our Compensation We would propose a fairly basic compensation structure for our team's efforts in this capacity. Initial compensation will be paid by the city on an hourly rate to each team member for the services it shall provide, plus the reimbursement for expenses. Specific rates and terms shall be established as part of an over-all project budget as part of the contractual agreement between the parties. Each team member (i.e. Solomon, Bonestroo, and BCS) will have their own contract with the city and will be paid directly by the city as services are provided pursuant to the terms of the contract.