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Drafted by Patrick Brama, Adopted XX/XX/2013 <br />III. The Planning Commission will review requests for additional Permitted or <br />Conditional Uses. <br />E. City Financial Tools: <br />I. The City has a number of financial assistance programs potentially available for <br />qualified redevelopment projects; including <br />i. Redevelopment Tax Increment Financing District (TIF) <br />ii. Tax Abatement <br />iii. Ramsey EDA Fund and Revolving Loan Fund (RLF) <br />iv. State Redevelopment Grant and Loan Program <br />The EDA will not consider City financial assistance for proposals that do not <br />directly address existing blighted properties; see Appendix A: Primary Area of <br />Concern. <br />Utilization of financial assistance requires completion and approval of a <br />Business Subsidy Application by the Ramsey EDA and City Council. <br />II. If an appropriate and qualified development steps forward, the City would be <br />willing to consider utilizing City Sewer Fund dollars to construct a trunk sewer <br />line to serve the 167/47 Node. <br />NOTE: The 167/47 Node is not currently connected to City Sewer. Through the <br />City's Comprehensive Sewer and Water Plan, it has been determined a trunk <br />sewer line shall be constructed to serve the 167/47 Node in the future (estimated <br />$1.5M expenditure 2013). The City does have sufficient dedicated funding <br />available to construct said sewer trunk line (City Sewer Fund balance estimated <br />$3.4M 2013). <br />Policy for Guiding Development Participation: 167/47 Retail Node Page 3 of 4 <br />