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<br />~ <br /> <br />--- <br /> <br />CITY COUNCIL WORK SESSION <br />Topic Report: Ramsey Crossings <br />By: James E. Norman, City Administrator <br /> <br /> <br />Background: <br /> <br />Staff has been working with consultants and attorneys to work out the detail on the Development <br />Agreement with the Robert Muir Company for a development in Ramsey Crossings. Jim Lasher, <br />the Project Manager for the development, provided a summary in a memorandum last week <br />describing in detail what has taken place over the past month regarding the project (memo <br />attached to Topic Report). <br /> <br />~ <br /> <br />A team meeting was held on Thursday, September 28, where some of the final details were <br />discussed. Staff now feels that a firm proposal can be put in front of the Robert Muir Company <br />to determine. if the Development Agreement is near completion. Once the details of the <br />Development Agreement are agreed upon, the attorneys will be directed to draft tl1e formal <br />document. Primary topics staff would like to review with the City Council include the "deal" <br />that will be part of the Development Agreement, creation of a Tax Increment Financing District, <br />and the land acq)lisition/eminent domain process. <br /> <br />....}!> <br /> <br />Action Statement: <br /> <br /> <br />Staff will receive direction from Council for completion of the Development Agreement with <br />Robert Muir Company. <br /> <br />Reviewed by: <br />City Administrator <br /> <br />CCWS: <br /> <br />10/03/06 <br />