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08/09/10 Special
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08/09/10 Special
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7/17/2025 3:02:47 PM
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8/5/2010 12:52:42 PM
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Meetings
Meeting Document Type
Agenda
Document Title
Housing & Redevelopment Authority - Special
Document Date
08/09/2010
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Vertical Stories /Height Requirement: 4 story construction (Minimum 50') preferred, will <br />consider proposals with less than or more then 4 stories. <br />Architectural Design Requirements: In compliance with THE COR and the City of Ramsey <br />Architectural and Design Guidelines <br />Office Use: The City will consider any type of office use. <br />MUNICIPAL INCENTIVES <br />Land: The City shall contribute the land at No Cost to the selected Applicant <br />Tax Increment Financing (TIFI: The COR and development sites <br />boundaries of a TIF District, Applicant shall propose, if F p <br />toward the development of the office construction. , <br />Parking: Parking to be provided and paid for by the Cit <br />parking garage that will be attached to the corporate o <br />alternate means of parking, said shall be stated and describe <br />Additional Equity: The City would consider a <br />participation shall be proposed by the App <br />Bonds: The City would consider the <br />development, Applicant shall pro <br />DEAL STRU <br />ill be within the <br />at they want allotted <br />~ by mean i-story <br />. If Applicant prefers <br />proposal. <br />ib ,any such additional <br />ds to help facilitate the <br />build, finance, own, and maintain their facility. <br />OPTION B: The Sider aBuild-to-Suit Lease with Applicant. Lease terms, <br />conditions, and no rmance penalties shall be proposed by the applicant. The City of <br />Ramsey, or related party, would maintain ownership and maintenance of the facility. <br />The COR -Solicitation for Offers www.CorAtRamsey.com <br />
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