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Member Strommen stated that one of the reasons this is before them is that the EDA discussed <br />that the City could purchase land along Armstrong Boulevard at today's rate. <br /> <br />Associate Planner Wald noted that the City Council has discussed the option of leasing back <br />property, but they have not expressed interest in doing so. <br /> <br />Member Gromberg inquired as to how the City will find willing sellers. <br /> <br />Associate Planner Wald replied that the property owner would approach the City. <br /> <br />Member Strommen noted that the property owners have been informed that their property has <br />been officially mapped. <br /> <br />Member Gromberg inquired if any willing sellers have contacted City staff. <br /> <br />Associate Planner Wald replied that one or two property owners have contacted City staff. <br /> <br />Member Steffen stated that it will still probably be several years before Highway #10 is upgraded <br />and he doesn't think they want to have vacant buildings along Highway #10 until those <br />improvements take place. <br /> <br />Associate Planner Wald replied that was true. <br /> <br />Member Kurak stated that she thought it was early to discuss the issue at this time. The EDA <br />concurred. <br /> <br />Case #5: Business Park Monument Signs <br /> <br />TIF Specialist Sullivan explained that the City of Ramsey has spent a great deal of money and <br />time on constructing and redeveloping its industrial parks. The City continues to grow and is <br />trying to establish an identity for itself and it would make sense to attach its namesake to <br />successful projects within the City. <br /> <br />Member Kurak inquired if the Town Center will be having similar signs, but it would be nice to <br />have continuity. <br /> <br />Mr. Feeges replied that is something they are currently looking into. <br /> <br />Member Kurak stated that she thought the signs were a great idea. <br /> <br />TIF Specialist Sullivan inquired if all of the signs should be the same or should they have some <br />variety. <br /> <br />Economic Development Authority April 19, 2004 <br /> Page 7 of 10 <br /> <br /> <br />