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PUBLIC HEARING AND LEVY OF <br /> SPECIAL ASSESSMENTS FOR THE <br />RAMSEY ToWN CENTER ADDITION IMPROVEMENTS <br /> <br />CASE <br /> <br />Background: <br /> <br />The Ramsey Town Center Addition Improvements consist of the following: <br /> <br />City Phase I Roadway Improvements; <br />City Phase II ROadway ImProvements; <br />AUAR Roadway Improvements; and : <br />Municipal Parking Facilities in doWntown "Core Area". <br />(the "hnprovements") <br /> <br />The hnprovements are further identified in that certain Master Development <br />Agreement between the City of Ra ~msey and Ramsey Town Center, LLC dated <br />September 17, 2003, a copy of whiCh is On file for public inspection at the City of <br />Ramsey Municipal Center, 15[53 Nowthen Boulevard NW, Ramsey, Minnesota <br />during normal business hours. <br /> <br />(the "Improvements"). <br /> <br />Each of the hnprovements has been 100% petitioned for and the assessments agreed upon <br />pursuant to the said Ramsey TOwn center Master Development Agreement and the First <br />Amendment to the Master DevelOPment Agreement which is to be considered for final adoption <br />later this eveniug. The total assessment forleach:of the Improvements is as follows: <br /> <br />2. <br />3. <br />4. <br /> <br />For the City Phase I Roadway Improvements: $876,035.00. <br />For the City Phase II Roadway Improvements: $5 i4,810.00. <br />For the AUAR Roadway Improvements: $3,000,000.00. <br />For the Municipal Parking Facilities in downtown "Core Area": $6,000,000.00. <br /> <br />The specific assessment for each ParCel within Rmasey Town Center is determined by reference <br />to Exhibit F-1 attached, The PerCentage of Project Cost to be Assessed is applied to the total <br />assessment for each of the Improvements referenced above. <br /> <br />Enclosures: <br /> <br />Exhibit F- 1 <br />Separate Assessment Resolutions for each Improvement <br /> <br /> <br />