Agenda - Council - 07/31/1990 - Special

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m secure the increase of property subject to taxation by the City, the County, Anoka-Hennepin independent school district No. 11 and other taxing jurisdictions in order to better enable such entities to pay for public improvements and governmental services and programs required to be provided by them; secure the construction and provide moneys for the payment of the cost of public activities or improvements in Development District No. 1, including site improvements and installation of utilities, which are necessary for the orderly and beneficial development of the Development District; promote the concentration of appropriate development within Development District No. 1 in order to maintain the area in a manner compatible with its accessibility and prominence in the City; encourage local business expansion, improvement, development and redevelopment, when compatible with the Development Program; and create a desirable and unique character within Development District No. 1 through quality land use alternatives and design in new and re modeled buildings. Through the sale of bonds in 1987, the City has provided funds for certain site improvements, including ponding for storm water management, soil correction, landscaping, fencing, security lighting and site grading within the Development District. The City has made public improvements in the form of streets and an extension of water and sanitary sewer to a portion of the Development District designated for industrial development. In addition, the City constructed a well and water storage facility within the Development District for public use, primarily serving properties within TIF District No. 2. The City plans to construct improvements of .Front Street within TIF District No. 4, including storm drainage, sanitary sewer, and water improvements. In addition, the City will fund site improvements for a commercial development (Anoka/Ramsey Sports Center) within TIF District No. 4. Within TIF District No. 1, the City will fund park improvements in the River's Bend development, and site improvements associated with the Rum River Terrace Apart ments. The City further plans to fund extension of water and sewer for residential development within TIF District No. 5, with costs paid by special assessments and tax increment. In addition, the City plans to fund site improvements (Para Body, Inc.) and streets and utility construction, within TIF District No. 2. D. Environmental Controls. It is anticipated that no development within the Development District will present major environmental concerns. All City actions, public improvements and private development will be carried out in a manner which will comply with applicable environmental standards.