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Staff recommends that the City Council confirm direction to continue funding discussions with the City offering to <br />pay up to 1/3 the project costs on the Pearson Properties Frontage (excluding Anoka County Parcel). <br />Note - Capstone Homes is recommending that the City contribute 50% of the cost of the Pearson Properties <br />Frontage (excluding Anoka County Parcel). Staff will have scenarios available at the meeting that demonstrate this <br />pro -forma. <br />Action: <br />Motion to recommend that the City Council confirm direction to continue funding discussions with the City <br />offering to pay up to 1/3 the project costs on the Pearson Properties Frontage. <br />Riverstone South Concept Plan <br />Riverdale Drive Plan <br />Proposed Cost Share Plan <br />Proposed Cost Share Agreement <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Diana Lund Diana Lund 03/12/2020 03:01 PM <br />Bruce Westby Bruce Westby 03/12/2020 03:24 PM <br />Grant Riemer Grant Riemer 03/12/2020 03:29 PM <br />Kurt Ulrich Kurt Ulrich 03/12/2020 03:43 PM <br />Form Started By: Tim Gladhill Started On: 02/13/2020 09:41 AM <br />Final Approval Date: 03/12/2020 <br />