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Mr. Schroedei' staged that the average value of homes in Ramsey is $81,000 and the average value <br />of homes in ~ndover is $91,000. He inquired if Council was "okay" with that. <br /> <br />Discussion ~nsued regarding covenants, etc. Mayor Gilbertson felt that covenants are a way to <br />ensure deceni suladivisions in the City. He added that he feels Ramsey has both middle income <br />and executiveihomes. <br /> <br />Councilmenib~ Peterson suggested restricting the minimum square footage of a house being built. <br /> <br />Councilmeml:~er Zimmerman disagreed with a minimum square footage requirement as he felt that <br />as people gq bld~, they don't want as large a house and that with amenities, a smaller house could <br />have as high[ a value as a larger house. <br /> <br />Councilmeml~er peterson added there should be some way to protect someone with a $200,000 <br />home from having a $60,000 home built next to them. <br /> <br />Mr. Schroed~ again inquired if Council wanted the average value of homes within the City of <br />Ramsey upgraded or maintain the $70,000 to $100,000 homes. <br /> <br />An architectural review ordinance was suggested. Mr. Jankowski stated that would cost the City <br />money to which Councilmember Peterson stated it would be worth it. It was determined that the <br />Planning and ZoMng Commission should review that suggestion. <br /> <br />Councilmember Peterson asked if the City should be lobbying to get the four in forty density <br />zoning removed. <br /> <br />Mr. Schroeder stated that the City is basically out of land for residential development. He added <br />that the City can slowly get the MUSA lines expanded. <br /> <br />Councilmember Peterson inquired if there is too much land in the City zoned industrial and should <br />the City look tnto~rezoning. He inquired if industrial properties are a better tax base. <br /> <br />Mr. Schroeder stated he has heard that single family homes are actually a better tax base. <br /> <br />It was detemflned that City Administrator Schroeder and Zoning Administrator Frolik would work <br />on drafting a policy regarding building (where to build, etc.). <br /> <br />I) Financial Position J) Tax Levy <br /> <br />City Admints~rat0r Schroeder asked how important it is where the levy is at and how important it is <br />to have a savi~gs !account in place before the City borrows money. <br /> <br />Councilmember Peterson stated that he had seen the auditor's report and until 1991, the curve was <br />going the wrOng way, the expenditures were exceeding the revenue. He wondered how long the <br />City could ke~p doing this. <br /> <br />Councilmember Zimmerman stated that the State will be another $700 million short again next year <br />and they will look to the cities for revenue. <br /> <br />Finance Officer Itelling questioned where Ramsey wants to be compared to other cities with regard <br />to finances afld taxes. She stated that the City has paid for sewer and water by not replacing <br />equipment. <br /> <br />City Council Goals Workshop/July 21, 1992 <br /> Page 6 of 8 <br /> <br /> <br />