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<br />PART l-EXECUTnffi SUMMARY <br /> <br />PURPOSKOF EVALUATION <br />LHB was hired by' the City of Ramsey to inspect and evaluate the properties within a Tax <br />Increment Financing Redevelopment District ("TIP District") proposed to be established by the <br />City. The proposed TIP District is located West of Saint Francis Boulevard NW, bisected by <br />167th Avenue NW (Diagram 1). The purpose of LHB's work was to determine whether the <br />proposed TIP District meets the statutory requirements for coverage, and whether seven <br />buildings on seven parcels, located within the proposed TIP District, meet the qualifications <br />required for a Redevelopment District. . <br /> <br /> <br />Diagram 1 - Proposed TIP District <br /> <br />Page 3 <br /> <br />18 <br />