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<br />. <br /> <br />e <br /> <br />.:. By securing agreements with owners/developers early public dedication/acquisition <br />of these areas can be secured. <br /> <br />.:. Other owner/developers will have access to the drainage/detention and can buy in at <br />a later date. <br /> <br />.:. Promotes a unified vs. a piecemeal approach to drainage. <br /> <br />.:. Is a TIRZ eligible project cost and reimbursable from future TIRZ revenues. <br /> <br />.:. May provide a drainage outlet for the proposed Fairmont Parkway and overpass <br />projects. <br /> <br />.:. Detention basin(s) could double as a city park facility and possibly assist in <br />relieving certain overcrowded park facilities. <br /> <br />.:. Development of the watershed plan would also be a positive step and signal of <br />commitment to have the Zone succeed. <br /> <br />In recent discussions, major property owners or their representatives expressed an interest <br />in pursing this concept. The key to this would be successful negotiation of an agreement <br />with the owners/developers. The Chairperson of the Redevelopment Authority has agreed <br />to place this item on the August 1 agenda. The major property owners will be invited. <br />