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Councilmember XXXXXX introduced the following resolution and moved for its adoption: <br />RESOLUTION #17-09-232 <br />RESOLUTION REQUESTING THE ANOKA COUNTY HOUSING AND <br />REDEVELOPMENT AUTHORITY (ACHRA) ALLOCATE $1,750,000 FOR <br />INFRASTRUCTURE COSTS ASSOCIATED WITH THE CITY OF RAMSEY'S NEW <br />BUSINESS PARK DEVELOPMENT <br />WHEREAS, over 300-acres of green -field land is available for development located <br />northwest of the U.S. Highway 10/Armstrong Boulevard interchange in the City of Ramsey <br />(the "Armstrong -West Developable Area"); and <br />WHEREAS, the City is pursuing the development of a new business park in the <br />Armstrong -West Developable Area totaling 131.52 acres in gross size. A new business park <br />will benefit the City by creating well -paying jobs, increasing tax -base, and increasing local <br />consumer spending; and <br />WHEREAS, Riverstone Development has recently platted a 298-unit single-family <br />residential Development on 84.77 acres of land located in the Armstrong -West Developable <br />Area. A new 298-unit residential development will benefit the City by providing quality new <br />housing stock, a quality designed residential community, development fees, increased tax -base, <br />and an increase in local consumer spending; and <br />WHEREAS, development of the Armstrong -West Developable Area will require <br />various improvements to arterial infrastructure located along Bunker Lake Boulevard and <br />Puma Street. Arterial infrastructure improvements include trunk -water line extensions, trunk - <br />sewer line extensions, a sewer lift station, trail extensions, new roads, street lights, and storm <br />sewer ("Arterial Infrastructure") totaling an estimated $3.68M; and <br />WHEREAS, annually the ACHRA levies Ramsey residents; and <br />WHEREAS, the ACHRA levy has been used to help fund certain development <br />and redevelopment projects within the City of Ramsey; and <br />WHEREAS, the City of Ramsey is requesting that the ACHRA utilize available <br />tax levy to partially fund Arterial Infrastructure costs related to the City's new business park. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br />1. That the Ramsey City Council formally authorizes a request for the ACHRA to <br />utilize $1,750,000 levied from Ramsey taxpayers to help fund a portion of <br />Arterial Infrastructure related to the City of Ramsey's new business park. <br />Resolution #17-09-232 <br />