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ETROPLAINS <br /> METROPLAINS PROPERTIES INC <br /> METROPLAINS DEVELOPMENT LLC <br /> " h o u s i n g t h e h e a r t l a n d <br /> Elk River Downtown Revitalization Project <br /> Predevelopment Stage <br /> October '02 thru April `03 <br /> Project Tasks and Schedule <br /> October 1, 2002 <br /> Task Timeline <br /> • Team Assemblage throughout phase <br /> (Architectural, Environmental, Financial, Broker) <br /> • Determination of site control feasibility throughout phase <br /> • Site determination boundaries throughout <br /> • Background information accumulation throughout <br /> (Topographic,jurisdictional authority, utilities, <br /> Setbacks, design standards, transportation) <br /> • Concept Development throughout with mid and end <br /> Term reviews <br /> • Tax Increment determination throughout <br /> (City site and boundary determination) <br /> • Preliminary environmental review-phase 1 throughout <br /> • Commercial options and feasibility throughout <br /> • Informal market analysis throughout <br /> (Rental and market rate w/for sale option) <br /> • Financial Feasibility and sources of funds throughout <br /> • Public meetings and community information mid phase and end of phase <br /> Sharing. <br /> S <br /> SPRUCE TREE CENTRE • 1600 UNIVERSITY AVE. • SUITE 212 <br /> ST.PAUL MINNESOTA 55104-3825 <br /> 651 646 7848 • FAX 651 646 8947 • www.metroplains.com <br />