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HRA BUSINESS <br />Case #1: Update on Ramsey Town Center Business Plan and Development Management - <br />Darren Lazan, Development Management Consultant <br />Darren Lazan, Landform, talked about the importance of having a business plan for the Ramsey <br />Town Center. He presented a map and talked about some replatting that may be necessary and <br />would make it easier to market. He presented a history of the area. <br />Councilmember Elvig stated that he always thought there should be a couple of options for <br />Sunwood Drive. He asked how roundabouts work with pedestrian traffic. <br />Mr. Lazan showed how that would be compatible. He presented more of the components of the <br />RTC development. He reviewed the current parking plan and noted that it will have to be <br />revisited. He presented a brief overview of the current dashboard - concept, incentives, etc. He <br />reviewed assumptions, transportation, prospectives, revenues, and expenses and talked about the <br />6alance. <br />Land values and prices per square foot were discussed. Financing and financing programs were <br />discussed as well as timing. Commercial densities and evaluations were talked about as were t~ <br />rates. Development incentives were discussed. The group also talked about the upcoming <br />International Conference of Shopping Centers that will be held in Las Vegas in May of this year, <br />and who should attend and what the value is of attending. <br />COMMITTEE REPORTS <br />None. <br />EXECUTIVE DIRECTOR'S REPORT <br />None. <br />COMMISSIONER INPUT <br />None. <br />ADJOURNMENT <br />Motion by Commissioner Look, seconded by Commissioner Ramsey to adjourn the regular <br />meeting of the Housing and Redevelopment Authority. <br />Motion carried. <br />The regular meeting of the Housing and Redevelopment Authority adjourned at 10:40 p.m. <br />Housing and Redevelopment Authority / March 2, 2010 <br />Page 2 of 3 <br />