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Adopted XX/XX/2013 <br />City of Ramsey <br />STATEMENT OF GOALS: <br />167TH AVENUE AND TRUNK HIGHWAY 47 RETAIL NODE <br />DRAFT DOCUMENT <br />BACKGROUND <br />The retail node located at 167th Avenue and Trunk Highway 47 has been a topic of discussion with City <br />Councils and EDA boards for several years ("167/47 Node"). The 167/47 Node has struggled to become <br />economically viable for some time, is experiencing high vacancy rates, an increase of blighted building <br />conditions and escalating crime. <br />The City has received a significant number of inquiries from property and business owners located in the 167/47 <br />Node from 2012 to 2013 requesting assistance to help correct a market failure. <br />Additionally, the City of Ramsey owns an inventory of real property located adjacent to the 167/47 Node <br />totaling 16.52 acres. Said property was identified as surplus City owned land in 2012 and is available for sale. <br />The EDA, Planning Commission and City Council have expressed interest in addressing the 167/47 Node. <br />PURPOSE <br />Guide City participation in the redevelopment of the 167/47 Node; and, specifically identify a common goal, <br />vision, working parameters and garner public input. <br />The desired outcome of this document is to develop a clear, consistent, transparent and fair process the City, <br />prospective developers, property owners and Staff can rely on as proposals are received. The Ramsey Economic <br />Development Authority (EDA) shall act as first point of contact for City in relation to the 167/47 Node by <br />utilizing this Statement of Goals. <br />Note: The City Council makes all final policy decisions; which may deviate from this document. This document <br />is not a legally binding agreement. <br />GOAL <br />To improve and/or remove properties -of -concern and encourage sustainable market -driven redevelopment of <br />the 167/47 Node that will benefit the entire City of Ramsey. <br />Please reference Appendix A: Primary Area of Concern. <br />VISION <br />A mixture of residential and retail uses. Residential users may include single family residential, townhomes, <br />apartments or senior living units as directed by the market. Retail will include a market driven neighborhood <br />commercial node. Redevelopment of the 167/47 Node should include a connection to Elmcrest Park and/or <br />nearby trails where feasible. <br />Policy for Guiding Development Participation: 167/47 Retail Node [DRAFT] Page 1 of 7 <br />