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Tactics <br />Timeline <br />Additional Resources & Tools Required <br />Key Outcomes/Metrics <br />(4) RALF <br />Ongoing <br />No additional resources requested. Normal staff <br />duties. <br />At least one purchase per <br />year. <br />Utilize the Metropolitan Council administered, MNDOT <br />funded, RALF (right of way acquisition loan fund) for <br />purchasing properties needed for U.S. Highway 10 <br />improvements in Ramsey. <br />(5) Sell Surplus City Owned Land <br />2018 <br />Currently Sufficient: assuming moderate customer <br />service demand levels, sufficient resources exist to <br />complete this tactic as proposed. <br />This work item does require use of third -party <br />professional services (Shovel Ready Certifications and <br />subsequent due -diligence). TIF #1 has been <br />identified as a funding source for this work. <br />Land sales are closed. <br />The City owns a large inventory of surplus land available <br />for development. In 2017, the City completed a process to <br />obtain shovel ready information for most city -owned <br />property. Through that process staff has identified the <br />following outstanding items: <br />1. Properties #37, #45, and #8 all have various <br />potential environmental findings to further <br />discuss and address. <br />2. The City should get the north side of the new <br />business park (i.e. former Legacy site) shovel <br />ready. <br />(6) Recruit new industry and major retail businesses to <br />Ongoing <br />Currently Sufficient: this tactic requires assistance <br />from the City's real estate broker CBRE; and demand <br />from the development market. <br />Secure two new 30,000 <br />square foot retail, and two <br />new 30,000 square foot <br />industrial facilities. <br />Select a strategy for <br />marketing/ selling city — <br />owned land. <br />Ramsey <br />This item includes developing and selecting a strategy for <br />marketing/ selling city -owned land. <br />