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negotiate engineering. Designating Landform as the project engineer, the price was dropped. Mr. Lazan proposed we take the capital cost of this building only and make money up on other pads and we do engineering on these. It might be a $20,000 Development Management fee but he has to do all the Development work Chairperson Dehen asked do we not have the person that can deal with his request. It feels like we are doing everything to babysit this. Maybe someone on staff could shepherd this. Mr. Ulrich stated this project was seen as a strategies priority for the City and because of that, we devoted whatever resources to staff we had. It went from Sean Sullivan to Darren Lazan looking at COR sites. So we have had both internal and consultant staff working on this and it's being babysat a little. It's an important project in the City. Sergio is not really a developer — he's a businessman that wants to do this. Our development contracts did anticipate that Darren Lazan may work outside The COR and on a case -by -case basis. He had done some work on it so we felt it was a natural extension. We have someone else that can work on it but this recommendation seemed to be a good fit. He thought we are not expecting a lot out of this development. If you say this is a priority, we will put the work into it. We need to step up and take the role of developer. Commissioner Wise stated let's not muddy up the water — let's not wait — Darren has shepherded this project — let's keep it this way. Chairperson Dehen inquired if it is one pad or three. Commissioner Wise stated one pad. Commissioner Ramsey stated it's kind of like someone doing a training job — he's already got the job — let's compensate him and get this done. Chairperson Dehen stated we talked earlier about giving chunks of land away but are we selling this land and they will be paying for that. Mr. Lazan stated the third pad will more than cover that. Commissioner Elvig stated he agreed to move this along but we do not know what it will yield. We have to keep it as the one pad now. He said to Mr. Lazan — your engineering fees will likely be financed under the building of this project. You will be working as engineers for him. Mr. Lazan stated we will do parking lot and road extension and he will build the curb in. We will do it as the developers. Commissioner Elvig stated that engineering is the price of reduced compensation on the commission. He stated he did not want to put another $20,000 in on top of the commission for land. Mr. Lazan stated we will bring the deal forward — if it dies — it dies. Commissioner Ramsey clarified that Mr. Lazan is only getting commission on the one deal. Mr. Lazan stated that from what he has heard tonight, he is concerned about acting in good faith. Chairperson Dehen commented that this deal was in the works before Mr. Lazan was contracted with. Mr. Lazan stated he is working very hard with this person. He added he is not a broker and listed the work he's done. Motion carried. Voting Yes: Commissioner Ramsey, Wise, Elvig, Jeffrey, Look, and McGlone. Voting No: Chairperson Dehen. Case #4: Consider Fall/Winter 2010 and Spring 2011 ICSC Conference Participation HRA Executive Director Nelson presented information on the ICSC Conferences. There are a couple of opportunities prior to the Las Vegas conference. The Chicago Deal Making conference is October 28 and 29, 2010. Staff recommends sending a limited team to that conference and reported that Michael Greeby will be there coordinating meetings and representing The COR project. The estimated cost for Chicago is $2,500. The CneterBuild Conference is December 1 — 3, 2010, and the purpose of attendance would be for training and continuing education for the Development Management Team staff as well as continuing the presence of The COR project with the retail market and meeting with potential developers. She Housing and Redevelopment Authority / October 5, 2010 Page 9of11