Agenda - Council - 03/23/2021 - Laserfiche WebLink

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Major Planning COR Planning Efforts EFFORT #1 COR Re -Visioning PURPOSE Update/ amend the vision for The COR. 1_ Update COR Master Flan (map that shows vision, how the COR will lock, how buildings will be oriented, where infrastructure should be located, etc.) 2. Update zoning district map (underlying land use regulations that will ensure the master plan will be implemented at the time individual projects come forward for review by the City) 3. Direction on outstanding major policy items: -ls vertically mixed use development a requirement? -appropriate size and location of retail uses? -Is there flexibility in location of zoning district borders? -Define basic vision and policy for community center. -Define basic vision and policy for parking ramps. RESPONSIBLE BOARD Planning Cornrnission will draft a recommendation for Council consideration. TIMING Anticipated to have draft completed by April 2017. Once a draft is completed, it should be checked against COR System Plans and COR Pro.Forma_ May need to be adjusted. EFFORT #2 COR System Plans PURPOSE The City purchased The COR with two goals in mind (a) recover previous public investments, and (b) ensure the vision of The COR is implemented. As a result, the City of Ramsey has taken the role of master developer for The COR. With the role, various assumed responsibilities are assigned to the City. Developers, businesses, and residents expect the city to have concept plans/ policies in place for the following items: 1. Storm water plan (regional) 2_ Road plan (public roads) 3. Sign plan (development signs, way finding sigs, etc.) 4. Park & Trails plans 5_ Community Center plan/ policy 6. Parking Ramp(s) plan/ policy 7, Cut/fill bask plan There are many benefits to having this preliminary information ready —please see system plan dashboard for details. These plans are intended to be preliminary/ concept level only —for the sake of planning and budgeting. RESPONSIBLE BOARD Likely, all boards will be involved with this process. However, for the sake of efficiencies, the EDA will lead this effort,._aa Findings will be presented to the 111 Planning Commission and City Council, TIMING Upon completion of 1" draft of COR re- vision, staff would like to order this work for completion (i.e. begin May 2017). This work will take 6-9 months. Once draft is completed, it should be checked against COR Master Plan and COR Pro- ill Forma. May need to be adjusted. 7550 Sunwood Drive NW • Ramsey, MN 55303 City Hall: 763.427.1410 • Fax: 763.427.5543 www.cityoframsey.com EFFORT #3 COR Pro -Forma PURPOSE i. Update COR pro -forma based on updated vision and system plans_ COR pro -forma will display the city's financial performance forecast/ project cash -flow over time (expenditures/ obligations versus revenues/ available funding). 2. Update COR TIF plan/ TIF analysis previously completed by Ehlers_ This plan plays a major role in the "funding" side of the COR pro - forma. Because actual TIF revenues are based on actual completed projects, it would be helpful to update periodically_ NOTE: TIF can only be used for projects completed before 2021. 3. Update COR land proceeds policy. Staff would like to (a) clearly identify what previous expenditures the City wishes to repay itse/f. (b) consider using land proceeds only for non TIF ehgible costs, and (c) update the City's land sale proceeds forecasts_ RESPONSIBLE BOARD EDA will draft a recommendation for Council consideration. TIMING Upon completion of COR re -vision and COR system plans, staff will complete this work (i.e. begin late 2017). This work will take 1-2 months. Once draft is completed, it should be checked against COR Master Plan and COR system plans. May need to be adjusted It is our mission to work together to responsibly grow our communit7 and to provide quality cost-effective and efficient government services. The COR Interim Development Plan Page 14 of 19