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Exhibit C — Statement of Goals <br />Drafted by Patrk k B7 aim, Adopted ,XX/2013 <br />City of Ramsey <br />STATEMENT OF GOALS: <br />167TII AVENUE AND TRUNK IIIGIIWAY 47 RETAIL NODE <br />BACKGROUND <br />'1110 retail node located at 167th Avenue and 'Trunk Highway 47 has been a topic of discussion with <br />City Councils and EDA hoards for several years ("167/47 Node"). The 167/47 Node has struggled to <br />become economically viable for some time, is experiencing high vacancy rates, an increase of blighted <br />building conditions and escalating crime. <br />The City has received significant number of inquiries from propcity and business owners located in the <br />167/47 Node from 2012 to 2013 requesting assistance to help correct a market failure. <br />Additionally, the City of Ramsey awns an inventory of real property located adjacent to the 167/47 <br />Node totaling 16.52 acres. Said property was identified as surplus City owned land in 2012 and is <br />available for sale. <br />The FDA, Planning Commission and City Council have expressed interest in addressing the 167/47 <br />Node. <br />PURPOSE <br />To guide City participation in the redevelopment of the 167/47 Node_ and, specifically identify a <br />common goal, vision, working parameters and a process to gamer public input. <br />Ale desired outcome of this document is to develop a clear, consistent, transparent and fair process the <br />City, prospective developers, property owners and Staff can rely on as proposals are received. The <br />Ramsey Economic Development Authority (EDA) shall represent the City of Ramsey in relation to the <br />167/47 Node by utilizing this document. <br />Note: The City Council makes all final policy decisions% which may deviate from this document. 'Ibis <br />document is not a legally binding agreement. <br />GOAL <br />To improve and/or remove properties -of -concern and encourage sustainable market -driven <br />redevelopment of 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. <br />Residential users may include single family residential, <br />townitotnes, apartments or senior living units as directed by the market. Retail will include a market <br />driven neighborhood commercial node. Redevelopment of the 167/47 Node should include a <br />connection to Elmcrest Park and/or nearby trails. <br />Polley for Guiding Development Participation: 16747Retail Node [DR4FTJ Page 1 of 5 <br />Project Summary — 167th Avenue Node at Saint Francis Boulevard <br />