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Both Mark Ruff and Stacie K vilvang have been involved in providing financial analysis of the development profonnas, negotiating development agreements and sizing public assistance as needed for the past ten plus years. Most recently, they have assisted the City with the negotiations and TIF analysis for the West End Development at 1-394 and Highway 100. The West End development is a 1,500,000 square foot redevelopment consisting of office towers, retail with structured parking, and hotels. The City financed the development with a small G.O. TIF Bond and a large PAYGO developer note. In addition, Ehlers just completed assisting the City with negotiations and review of developer profonna for redevelopment of the AI's Bar site into a veliical mixed-use development consisting of 132 apatiments over 16,000 square feet of retail space. Prior to these projects, Mark Ruff actively patiicipated with the City in its eff01is to revitalize the Excelsior Boulevard corridor and define a town center serve as an excellent redevelopment case study. The cornerstone of the City's redevelopment eff01is is Excelsior and Grand, formerly known as Park Commons. Completed in 2007, this project has brought over 500 housing units and 240,000 square feet of office/retail development into St. Louis Parle Ehlers, as the financial advisor for the City's Excelsior and Grand project, assisted the City with the following: . The first public patiicipation meetings in the mid 1990s . Selling G.O. TIF debt in 1997, including variable rate taxable G.O. TIF bonds, for the land acquisition of the project . The RFP process for selecting the developer, TOLD . The master developer to the final negotiations in which TOLD took a pay-as-you-go note for the parking ramp costs and other site development costs. . Assisted the City in the administration of the TIF rep01iing . Development agreement compliance and modifications as the market for housing changed from rental based to condominium based . An internal loan for the public right-of-way costs . A special service district to fund on-going maintenance of ROW improvements The City of St. Louis Park turned to special service districts to make sure that their investment in redevelopment is sustainable. As pati of its comprehensive redevelopment plans, the City instituted improvements and enhancements to Excelsior Boulevard. Funds from the districts will be used to supp01i a variety of services related to improvements made to Excelsior Boulevard. In creating the districts, Ehlers: . Analyzed the impacts on individual parcels from various funding options . Analyzed service charge options . Advised the City on the process to create the districts and impose the service charges . Prepared information explaining the district and finance concepts . Worked with City Staff and propeliy owners to create consensus on plan Proposal for Development Management Services to the City of Ramsey Provided by Ehlers Page 4 October 26, 2009