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Agenda - Economic Development Authority - 08/12/2021
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Agenda - Economic Development Authority - 08/12/2021
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3/14/2025 3:36:30 PM
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8/6/2021 10:59:31 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
08/12/2021
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DEVELOPMENT PROGRAM OVERVIEW <br />Pursuant to the Development Program and authorizing state statutes, the City <br />is authorized to undertake the following activities in the District: <br />1. Property to be Acquired - Although not anticipated at this time. <br />selected property located within the District may be acquired by <br />the City and is further described in this TIF Plan. <br />2. Relocation - Relocation services, to the extent required by law, <br />are available pursuant to M.S., Chapter 117 and other relevant state <br />and federal laws. <br />3. Upon approval of a developer's plan relating to the project and <br />completion of the necessary legal requirements, the City may sell <br />to a developer selected properties that it may acquire within the <br />District or may lease land or facilities to a developer. <br />4. The City may perform or provide for some or all necessary <br />acquisition, construction, relocation, demolition, and required <br />utilities and public street work within the District. <br />5. The City proposes both public and private infrastructure within <br />the District. The proposed reuse of private property within the <br />District will be for manufacturing, warehouse and distribution <br />facilities, and there will be continued operation of Development <br />District No. 1 after the capital improvements within Development <br />District No. 1 have been completed. <br />DESCRIPTION OF PROPERTY IN THE DISTRICT AND PROPERTY <br />TO BE ACQUIRED <br />The District encompasses all property and adjacent roads rights -of -way and <br />abutting roadways identified by the parcel listed below. <br />Parcel number <br />Address Owner <br />1 20-32-25-43-0005 <br />Unassigned <br />Hageman Hldgs. <br />Please also see the map in Appendix A for further information on the location <br />of the District. <br />1 <br />City of Ramsey <br />Tax Increment Financing District No. 18 (Oppidan Industrial) <br />3 <br />
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