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PART 1 — EXECUTIVE SUMMARY <br />PURPOSE OF EVALUATION <br />LHB was hired by the City of Ramsey to inspect and evaluate the properties within a Tax <br />Increment Financing Redevelopment District ("TIF District") proposed to be established by the <br />City. The proposed TIF 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 TIF District meets the statutory requirements for coverage, and whether seven <br />buildings on seven parcels, located within the proposed TIF District, meet the qualifications <br />required for a Redevelopment District. <br />Diagram 1 — Proposed TIF District <br />Page 3 <br />