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Agenda - Council - 03/27/1984
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Agenda - Council - 03/27/1984
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
03/27/1984
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PROCEEDINGS OF CITY COUNCIL <br /> WORKSHOP MEETING <br /> CITY OF RAMSEY <br /> ANOKA COUNTY <br /> STATE OF MINNESOTA <br /> <br />A City Council/Staff/Commission Chairperson meeting was held Wednesday,-March <br />14, 1984 at the Ramsey Municipal Center, 15153 Nowthen Blvd. N.W., Ramsey, <br />Minnesota. <br /> <br />Members Present: <br /> <br />Also Present: <br /> <br />CALL TO ORDER <br /> <br />.Mayor Tom Gamec <br />Councilmember A1 Sorteberg <br />Councilmember Jean Schlueter <br />Park Commission Chairman Dennis Donovan <br />Airport Commission Chairman Jack Ippel <br />City Engineer Peter Raatikka <br />City Attorney William Goodrich <br />Planning and Zoning Chairman Ken Peterson <br />City Administrator Lloyd Schnelle <br />EDC Chairman Don Greenberg <br /> <br />Commissioner Zimmerman, Planning and Zoning <br />Commissioner Hardin, EDC <br />Commissioner Vevea, EDC <br />Commissioner Deemer, Planning and Zoning <br />Commissioner Lichter, Airport and Charter <br />Charles Weaver <br />Dan Nelson, Graven and Holms <br /> <br />Mayor Gamec called the special meeting to order at 8:00 p.m. <br /> <br />Mayor Gamec stated that the purpose of this meeting is to become better <br />acquainted with another method of financing that can be used to help <br />promote economic growth, Tax Increment Financing. <br /> <br />Mr. Dan Nelson distributed copies of an outline to be used for discussions <br />of Tax Increment Financing. (See Attachment I). <br /> <br />Mr. Nelson stated that a city needs intra-structure, industrial development <br />and housing development. ~nese can be accomplished by way of Industrial <br />Revenue Bonds, Tax Increment Financing, State funds (CDBG), and Urban <br />Development Action Grants. <br /> <br />Mr. Nelson stated that Tax Increment Financing is particularly attractive <br />because the city can do certain improvements in the area it is targeting <br />and all of the costs can be passed onto the developer, which ties in nice <br />with industrial development. <br /> <br />Mr. Nelson proceeded to review the outline with those present at this time. <br /> <br />Mayor Gamec inquired as to the advantages in tax increment financing for the <br />developer. <br /> <br />C/March 14, 1984 <br /> Workshop Meeting <br /> Page 1 of 3 <br /> <br /> <br />
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