Agenda - Council - 12/13/2011 - Laserfiche WebLink

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O. Parcels to be Acquired Within the TIF District (AS MODIFIED APRIL 26, 1988) It is anticipated that the City will acquire Lot 2, Blockl, Oxbow Addition for the purpose of writing down the cost of the land for a multifamily housing project. In addition, the land listed on Exhibit A and shown below shall be acquired in connection with the roadway and bridge improvements of Co. Road 116. 36-32-25-12-0003 36-32-25-21-0006 36-32-25-21-0003 36-32-25-22-0047 36-32-25-21-0004 36-32-25-22-0048 36-32-25-21-0005 36-32-25-22-0049 (AS MODIFIED NOVEMBER 24, 1998) In addition to any prior land acquisition specified in the TIF plan, the City may acquire any property or interest therein located within TIF District No. 1 or in the Development District as a whole, that the City determines to be necessary in order to accomplish the goals and objectives for the Development District. (AS MODIFIED DECEMBER 14, 1999) In addition to any land acquisition previously specified, the City intends to use proceeds from TIF District No. 1 to purchase the following parcels (approximately 149 acres): No. 1 28-32-25-14-0005 27-32-25-13-0001 28-32-25-42-0001 27-32-25-14-0001 28-32-25-13-0001 27-32-25-42-0001 28-32-25-41-0001 27-32-25-41-0001 28-32-25-44-0010 27-32-25-41-0002 The above listed property is located outside of TIF District No. 1 but within Development District (AS MODIFIED JUNE 24, 2003) In addition to any land acquisition previously specified and to amend previously specified acquisitions included in the Amendment to the Tax Increment Financing Plan dated December 14, 1999, the City intends to use proceeds from TIF district No. 1 to purchase the following parcels: 27-32-25-13-0001 27-32-25-14-0001 27-32-25-41-0001 27-32-25-41-0002 27-32-25-41-0004 27-32-25-42-0007 27-32-25-42-0008 27-32-25-42-0009 28-32-25-14-0005 28-32-25-42-0001 28-32-25-13-0001 28-32-25-41-0001 28-32-25-44-0010 City of Ramsey TIF District No. 1 Modification 2-5