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Agenda - Economic Development Authority - 07/08/2021
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Agenda - Economic Development Authority - 07/08/2021
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3/14/2025 3:36:18 PM
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7/2/2021 3:40:26 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
07/08/2021
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IISEHLERS <br />.., PUBLIC FINANCE ADVISORS <br />Schedule of Events <br />City of Ramsey <br />Anoka County, Minnesota <br />For the proposed Modification to the Development Program <br />for Development District No. 1 & the proposed establishment of <br />Tax Increment Financing District No. 18 (Oppidan Industrial) <br />(an economic development district) <br />Draft as of June 30, 2021 <br />July 8, 2021 EDA meeting to consider preliminary authorization of TIF for <br />the proposed project. <br />July 9, 2021 Project information, property identification numbers, fiscal <br />impacts and maps sent to Ehlers for drafting documentation. <br />Ehlers confirms whether building permits have been issued <br />on the property to be included in the TIF District. <br />July 12, 2021 Ehlers conducts internal review of Plans. <br />July 23, 2021 <br />Fiscal/economic implications received by School Board Clerk <br />and County Auditor (at least 30 days prior to public hearing) <br />and County receives information for review of county road <br />impacts. [Ehlers will distribute.] <br />*The County Board, by law, has 45 days to review the TIF Plan to determine if <br />any county roads will be impacted by the development. Because City staff <br />believes that the proposed TIF district will not require unplanned county road <br />improvements, the TIF Plan was not forwarded to the County Board 45 days prior <br />to the public hearing. Please be aware the County Board could claim that tax <br />increment should be used for county roads, even after the public hearing. <br />August 13, 2021 Publication of hearing notice and map in the Anoka County <br />Union Herald (at least 10 days but not more than 30 days <br />BUILDING COMMUNITIES. IT'S WHAT WE DO. info@ehlers-inc.com <br />1 (800) 552-1171 www.ehlers-inc.com <br />
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