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<br />-. ~"?"'32:'x.}L;'K:0ffi~':,'f".}.f:7Z-"..s: _ 1(2n";i$O""'.""-''''"OC?:,''cCc.".,.C'. - <br /> <br />12 <br /> <br />C. PUBLIC PURPOSE OBJECTIVES <br /> <br />It is the policy of the City and EDA of Ramsey that the business assistance should result in a public <br />benefit as identified in items 1-10 below. Please indicate how the proposed project will accomplish . <br />this by checking the appropriate boxes. Attach additional narrative as Part 7. <br /> <br />o <br />o <br />o <br />o <br />o <br /> <br />o <br />o <br />o <br />o <br /> <br />1. To encourage redevelopment. <br /> <br />2. To retain local jobs and/or increase the number and diversity of jobs that offer stable <br />employment and/or attractive wages and benefits. <br /> <br />3. To enhance and/or diversify the City's economic base. <br /> <br />4. To encourage additional unsubsidized private (re)development. <br />5. To remove blight and/or encourage (re)development of cOlmnercial al1d industrial <br />areas. <br />, . <br /> <br />6. To create housing opportunities. <br />7. To provide a diversity of housing. <br /> <br />8. To provide a variety offalnily housing ownership alternatives alId housing choices.. <br /> <br />9. To promote ,neighborhood stabilization and revitalization by the removal of blight <br />anci the upgrading of existing housing stock in residential al'eas. <br /> <br />o <br /> <br />- <br />10. To accomplish other public policies which may be adopted suchas the promotion of <br />quality urban or architectural design, energy conservation, and decreasing capital <br />and/or operating costs oflocalgovenuuent. <br />. Utilization of architectural alId lalIdscaping teclmiques that will enable the <br />components of the project toblend with the natural enviro11lnent. <br /> <br />. Mitigation of project impact on the natural envir011lnent. <br /> <br />D. SOURCES & USES OF FUNDS <br />Attach additional information as Part 8 <br /> <br />SOURCES <br />Bank LOalI <br />Other Loans <br />Owner Equity <br />Fed Grant/Loan <br />State Grant/Loan <br />Industrial Development Bonds <br />Tax Increment FinalIcing <br />Tax Abatement <br />Revolving LOal1 Fund <br />Other <br />TOTAL <br /> <br />AMOUNT <br /> <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br /> <br />25 <br />