Agenda - Council - 07/09/1985 - Special

Home

SECTION II. TAX INCRZM£NT FINANCING PLAN FOR TAX INCREMENT FINANCING DISTR~CT NO. 1 Subsection 2.1. Statement of Objectives. See Section I, Development Program for Development District No. 1, Sub- section 1.4, Statement of Objectives. Subsection 2.2. Development Program. I, See Section Development Program, Subsectlons 1.2 through 1.12. ! ! Subsection 2.3. Parcels to be Included in Tax Increment Financing District No. 1. The following parcels located in the City of Ramsey, County of Anoka, State of Minnesota: River's Bend Government Lot 5, and Government Lot 6, of Section 25, Township 32, Range 25, Anoka County, Minnesota, lying west of the normal high water mark of the Rum River. Together with all that part of Government Lot 3, and of Government Lot 4, said Section 25, lying and south of the normal water mark of the west high Rum River, and further described as Commencing at a point on the centerline of St. Francis Boulevard N.W. distant 480.00 feet northwesterly, as measured along said centerline, from the intersection of said centerline with the South line of Government Lot 6 of Section 36, said Township 32, Range 25; thence continue northwesterly along said centerline for 250.00 feet; thence northeasterly at right angles from said centerline for 350.00 feet; thence northwesterly, along.a line tobe hereafter known as Line "A" for the purposes of this description, parallel with said centerline, for llO0.00 feet to a point to be hereafter known as Point "B" for the purposes of this description; thence northeasterly, along a line to be hereafter known as Line "C" for the purposes of this description, to the point of intersectionof the two following described lines: Line 1 is described as a line parallel with 900 00 east, as measured at and distant . feet right angles, of the West line of said Govern- ment Lot 3 of Section 25; Line 2 is described as a .line parallel with and distant 600.00 feet south, as measured at 2 - 1