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EDC Meeting Notes <br /> January 15, 2013 <br /> Page 2 <br /> Pulte is prepared to invest additional time and money into the site investigation, but they want <br /> some level of commitment from the City that we will continue to work with them. Currently, <br /> attorneys for both sides are working on an agreement that would allow Pulte to do groundwater <br /> and soil testing. This analysis is critical in understanding where residual petroleum <br /> contamination exists and how much additional soil cover might be needed to protect the homes. <br /> Once the testing is completed, Pulte would determine whether to proceed. If so, the parties <br /> would need to negotiate a term sheet or redevelopment contract. Attached as Exhibit 3 is a <br /> proposed schedule for the Pulte project. <br /> C. Monthly marketing report by Colliers (Informational) <br /> Staff will distribute a copy of the December marketing report from Colliers at the meeting on <br /> Tuesday. The month was relatively quiet in terms of activity. Staff continues to work on the <br /> New Brighton Exchange video, which is in the editing process. <br /> D. Update on New Brighton Exchange Work Plan (Informational) <br /> Attached as Exhibit 5 is a copy of the current New Brighton Exchange Work Plan. This <br /> document provides additional information on the behind-the-scenes activities related to project <br /> management. Some times the public perception is that the City isn't doing anything to promote <br /> or actively manage the project. However, in reality there is a long list of things that are in <br /> process or under consideration, ranging from very specific tasks to broader policy discussions. <br /> If the EDC finds this document helpful, we will continue to include it in future commission <br /> packets. <br /> V. Other Topics <br /> E. Presentation by EDC Chair to City Council on 2012 EDC Activities (Informational) <br /> Each year in January,the City Council asks the advisory commission chairpersons to make a <br /> short presentation on their group's activities from the previous year. On January 22"d, Chair <br /> Zisla will discuss the EDC's 2012 accomplishments. Staff will work with the chair on a short <br /> power point and share that with the EDC at the February meeting. Among the major <br /> accomplishments was the development discussions regarding Pulte and APi and the on-going <br /> marketing of the site by Colliers and Ryan. If there are policy areas that the EDC would like to <br /> highlight, please contact the chair and staff. <br /> VI. Adjourn <br />