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CASE # <br /> <br />RAMSEY TOWN CENTER DEVELOPMENT PROJECT UPDATE <br />By: Kurtis G. Ulrich, City Administrator <br /> <br />Background: <br /> <br />Darren Lazan, RTC Development Management Consultant, has requested time with the <br />HRA to discuss the Ramsey Town Center development project; including the business <br />plan and the development management proposal. Below is an agenda of items to review. <br /> Budget Plan <br /> <br />1.Overview of the current site plan(s) <br /> <br />2.Overview of the current dashboard <br /> <br />3.Prospective revenues, expenses, fees, etc. <br /> <br />4.Proposed budget allotments for Incentives, Marketing, R/E Commissions, DM <br />fees, etc. <br /> <br />5.Potential Development Scenarios <br /> <br />6.Conceptual direction/approval of Business Plan <br />Development Management <br /> <br />1.Review Contract Framework <br /> <br />2.Discuss phasing, measures, and benchmarks <br /> <br />3.Conceptual direction/approval of DM Contract <br />Portions of this discussion may be closed to the public. <br />Action: <br /> <br />Based upon discussion. <br /> <br /> <br />Reviewed By: <br />City Administrator: <br /> <br />HRA: 03/02/10 <br /> <br />