Agenda - Council - 03/27/2001 - Laserfiche WebLink

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located on the parcel that was owned by L.W. Makens. The resultant industrial park should be filled by the end of 2001. In addition to the development occurring in the newly created districts, we have welcomed new businesses to the City of Ramsey. Systematic Refrigeration, and H & P Development have located in our previously established TIF District No. 2 (Business Park 95). Negotiations are also currently underway with Sharp and Associates, another business that is looking to relocate in Ramsey. Sharp & Associates are planning to build a new office facility offof Sunfish Boulevard and McKinley Street in the year 2001. These new businesses will bring with them new jobs that benefit the City of Ramsey. Within a two-year period, it is estimated that these new businesses will bring the City of Ramsey 70 new jobs. The City will be able to verify this information because as a participant in the Business Subsidy program, state law requires that those agencies with the authority to grant business subsidies report the number of new jobs created by these new businesses by April 1, 2001. COMMUNITY DEVELOPMENT Housing: Through December 2000, the City issued 91 housing permits. This comprised of 79 single- family homes and 12 duplex/multi-family housing units. This amount is down from the 1999 total of 124 single-fmnily homes and 8 multi-family units. The total number of building permits issued in 2000 (including swimming pools, accessory structures, decks, additions, commercial buildings, septic systems, etc.) was 904, which compares to 1201 permits issued in 1999. The value of building permits issued since 1991 is as follows: 1991:$15,212,850 1992 $27,083,600 1993 $39,042,750 1994 $26,416,609 1995 $28,318,900 1996 $41,201,300 1997 $27,464,500 1998 $35,212,900 1999 $23,656,560 2000 $22,559,900 Economic Development The year 2000 was once again a very busy year for commercial and industrial development in Ramsey. The City issued 8 building permits for new construction that created over 225,000 square feet of commercial/office/industrial buildings. The projects included M&G Leasing, Ramsey Towne Square, ACE Solid Waste, West Radium Business Center, Chalich Trucking, Systematic Refrigeration, B&B Carpet Retail Center, and the Zitco Building. The construction West Radium Business Center and Systematic Refrigeration developments marked the completion of the City's Industrial Park south of 166and east of Sunfish Lake Blvd. that commenced in