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7.A. - Page 2 <br />ALTERNATIVES <br />Direct staff not to move forward with private development opportunities on City -owned <br />land assets in Downtown. <br />FISCAL IMPACT <br />At this time, the primary cost associated with exploring these development opportunities <br />is staff time. If Council directs staff to move forward, the ultimate fiscal impact could vary <br />widely depending on the nature of the business terms that are agreed to with the City's <br />development partners. Staff's intention is that the development results in significant net - <br />positive revenue for the City. <br />ENVIRONMENTAL REVIEW <br />This study session does not commit the <br />Appropriate environmental review will b e <br />are fully understood. <br />City to any particular project or project design. <br />determined in the future when project details <br />ATTACHMENTS <br />-Map of City -Owned Land <br />DAN ZACK <br />STAFF ORIGINATOR <br />JILL EKAS <br />PLANNING MANAGER <br />BOB BELL <br />CITY MANAGER <br />