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I <br />!1 <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> <br /> I <br /> I <br /> I <br /> <br />CASE # <br /> <br /> AUTHORIZATION TO BEGIN NEGOTIATIONS FOR <br /> LAND ACQUISITION FOR DEVELOPMENT PURPOSES <br /> By: James E. Norman, City Administrator <br />Background: <br /> <br />In June 1994, the Ramsey City Council was presented a recommendation to authorize <br />staff to begin negotiations to purchase land within the City for industrial development <br />purposes. The parcels were eventually purchased and became known as the City of <br />Ramsey's Business Park 95. The development of Business Park 95 has progressed <br />rapidly. It is anticipated that, by the winter of 1998, all phases of the first industrial park <br />will be completed. The City is now faced with the choice of simply completing the first <br />phase of the industrial park or consider moving to the second and possibly a third stage of <br />industrial park projects. <br /> <br />The City's interest of owning land for industrial purposes is a method to deal with the <br />primary obstacle to business expansion - site control. By having control over the type of <br />development allowed within the City limits, the City can focus on quality development. <br />By having the aforementioned control over a site, the City is able to manage the growth <br />of the development and attract the industries which best suit the City's overall conceptual <br />idea. Not only does an industrial park spur economic development by creating jobs, <br />increasing property values and such, it allows diversification of the property tax dollars <br />such that the tax demand on the residential homestead is not as great. <br /> <br />A financial report supporting industrial development through the City's Industrial Park <br />was presented to the City Council during a work session held on June 2, 1998 (document <br />attached to case). The Economic Development Commission (EDC) reviewed the <br />proposals to acquire additional industrial park land for development and recommended <br />the City continue its acquisition of land for industrial development purposes. <br /> <br />Recommendation: <br /> <br />City staff and the EDC would recommend the City Council authorize staff to begin <br />negotiation for two separate large holdings of land. The first site would include the 182- <br />acres of land currently owned by Waste Management and would generally be described <br />as the land immediately south of the former landfill site extending south to County Road <br />#116 and west of Sunfish Lake Boulevard. The second holding of land would include the <br />149-acre site immediately west of Ramsey Boulevard adjacent to the Anoka Electric <br />Cooperative Energy Park. <br /> <br />Council Action: <br /> <br />Motion to authorize staff to begin negotiations for the two parcels of land as described in <br />the previous section for industrial park purposes. <br /> <br />Reviewed by: <br />City Administrator <br /> <br />CC: 06/23/98 <br />jmt/INDPK. DOC <br /> <br /> <br />