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Agenda - Economic Development Authority - 11/13/2008
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Agenda - Economic Development Authority - 11/13/2008
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3/25/2025 3:10:22 PM
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11/7/2008 10:26:23 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
11/13/2008
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<br /> <br />_.--1:,;.;-;;~::_e-~'~~..;:-=:",.~-",,,:,,,::,,:-,,,-""':""~'____"""'''''__'_____ <br /> <br />City and EDA of Ramsey Tax Abatement and Tax Increment Financing Policy <br /> <br />9 <br /> <br />3. That the business assistance req~est complies with all provisions set <br />,forth in Minnesota Statutes 2007 chapters 469.1812 through <br />469.1815 as amended (Tax Abatement), and chapters 469.174 <br />through 469.1799 as amended (Tax Increment Financing). <br /> <br />4; That the project is consistent with the City's comprehensive plan, <br />land use plan, and zoning ordinances. <br /> <br />E. APPLICATION PROCESS <br /> <br />1. Applicant submits a Business Assistance Application (Exhibit A) to the <br />EDA and/or City. <br /> <br />2. Staff reviews the application and completes the Application Review <br />WOrksheet (Exhibit B/C). <br /> <br />3. . Staff uses results of the Worksheet to infonn the EDAlCity. <br /> <br />4. EDA reviews proposal, provides comments, and makes an advisory <br />recommendation to the City Council on denial or approval of the <br />request within 30 days. <br /> <br />5. If advisory approval is granted, staff prepares all necessary notices, <br />resolutions and certificates. <br /> <br />6. City Council hOlds public hearing(s) on the proposed project to <br />consider the advisory recommendation( s). <br /> <br />7. . The City Council grants fmal approval or denies the request. <br /> <br />22 <br /> <br />The Economic Development Authority and City of Ramsey, Minnesota. Policies. <br />
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