Agenda - Council - 04/24/2018 - Laserfiche WebLink

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CC Regular Session Meeting Date: 04/24/2018 Submitted For: Patrick Brama, Administrative Services By: Patrick Brama, Administrative Services 4. 7. Information Title: Authorize Staff to Complete Three Shovel Ready Certifications Purpose/Background: PURPOSE Provide staff direction to complete shovel ready certifications on three sites within Ramsey. • Authorize staff to coordinate/ manage work on behalf of private property owners. • Authorize a not -to -exceed $25,000 budget from TIF # 1. BACKGROUND: Shovel Readv The State of Minnesota development ready certification program (known as "DEED Shovel Ready" certifications) is a pro -active process/ effort that attempts to collect all information that would be needed by a developer/ investor to consider a project in Ramsey ahead of time. The intention of the process is to eliminate risk, unknowns, speed up the development process, and make Ramsey sites more competitive. More information can be found a http ://mn. gov/deed/government/shovel-ready/program-overview/index.i sp. BACKGROUND: Proposed Sites Staff is proposing three sites that are of substantial size and are zoned industrial/ office/ commercial. Two of the three sites are owned by private parties. One site is owned by the City. The two private property owners are generally interested and supportive of the process, both are willing to pay for costs associated with their site, and both have asked for the City to coordinate/ direct the efforts/ application. • Bunker Lake Industrial Park, north side, Hageman Holdings portion (62 acres). Estimated cost of shovel ready work: $0-$3,000. Most of the work is already completed. • #55, City Owned Property within original business park, just south of Vision Ease Lens (9.3 acres). Estimated cost of shovel ready work: $10,000-$20,000. Major variable is if a Phase II ESA will be needed. • South Side of COR, PSD/ Diamonds Site (42 acres). Estimated cost of shovel ready work 20K-30K. Major variable is if a Phase II ESA will be needed. For details on each site, please see attached shovel ready data tables --specifically, see the last three sites. Notification: NA Observations/Alternatives: NA Funding Source: