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However, I have never been an advocate for actively playing the role of developer. That is not the role of a city. It creates - at the very least - the perception of an unfair playing field since the city has the ability to make the rules and enforce the rules while - at the same time - essentially competing with the private sector. In my opinion, The COR will never be an attractive option for any significant private development project as long as these conditions exist. This has been proven by Landform's inability to deliver significant projects driven purely with private sector funding. Landform has cleaned up the issues and I thank them. The contract should not be renewed and we should not be developers. It is time to move this land back into the hands of the free market and let the free market do what it does best. Randy Backous Ramsey Councilmember At -Large Commissioner Tossey stated he would support consideration under two separate motions: one to let the Landform contract expire and not seek renegotiation; and, whether to seek outside counsel. Vice Chairperson LeTourneau requested consensus agreement on those two issues without motions taking place. HRA Executive Director Ulrich supported that suggestion and noted staff recommended this matter be continued to February 26, 2013, to allow time for review of documentation from the HRA Attorney. Commissioner Tossey stated he does not support going to outside counsel because the previous HRA had entered into a contract with Landform and whether you supported the terms or not, it is a contract and the City needs to fulfill its end of the contract. He stated he is concerned with the message it would send to the market should the City not fulfill its end of the contract. HRA Executive Director Ulrich advised these two issues can be considered under two separate motions and if no action on the contract is taken, it will expire on March 31, 2013. Upon a poll of the Commissioners, Vice Chairperson LeTourneau recognized the unanimous consensus of the HRA to allow the Landform contract to expire on March 31, 2013, and to authorize staff to negotiate terms for finalizing open items that remain to be addressed. Vice Chairperson LeTourneau asked for discussion on whether to seek an outside legal opinion. Commissioner Elvig stated he does not see it in terms of fulfilling a contract but whether the contract contained anomalies. Commissioner Tossey stated contracts should not be political based on the membership of the HRA. He stated whether you think Landform brought value to Ramsey or not is up to debate but Housing and Redevelopment Authority / February 12, 2013 Page 3 of 6