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Drafted by Patrick Brama, Adopted XX/XX/2013 <br />PARAMETERS <br />Listed below are a number of parameters intended to develop a clear, consistent, transparent and fair <br />process the City, prospective developers, property owners and Staff can rely on as proposals and <br />inquiries are received. <br />A. City Land Acquisition: The City does not support purchasing property to redevelop the <br />167/47 retail node. <br />B. Ownership Group Facilitation: The City does support facilitating an ownership meeting <br />group to brainstorm options, share information and to investigate opportunities for <br />redevelopment and additional uses that are compatible with the surrounding residential <br />area. <br />The City desires a consistent, collaborative approach with a single voice amongst all <br />Owners if the City is to assist in the process. Several separate messages per individual <br />Owners is not a desired nor effective approach. <br />C. Marketing: The Ramsey EDA is interested in the idea of sponsoring a professional <br />marketing package for the 167/47 retail node to entice redevelopment/investment; <br />which would include: <br />I. Information matrix: asking prices, County valuations, tax information, utility <br />information, ownership buy -in, maps, current zoning information, future land <br />use information, etc. <br />II. An inventory of what City and State financial assistance options exist for a <br />potential redevelopment project. <br />III. Professional material developed and proactively marketed by a third party <br />broker. <br />-or- <br />Professional material developed and marketed by the City. <br />IV. List of desirable uses (i.e. retail and wide range of residential); and, other <br />allowable uses (i.e. compatible to surrounding residential) <br />D. Zoning: <br />I. The City would support a Comprehensive Plan and Zoning Amendment to allow <br />retail or residential (of the appropriate density that balances compatibility of the <br />surrounding area and market viability) land uses at 167/47 Node. <br />II. The City does not support a Comprehensive Plan and Zoning Amendment for <br />the 167/47 Node to allow warehouse and/or light manufacturing land uses. <br />Policy for Guiding Development Participation: 167/47 Retail Node Page 2 of 4 <br />