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ECONOMIC DEVELOPMENT AUTHORITY <br />CITY OF RAMSEY <br />ANOKA COUNTY <br />STATE OF MINNESOTA <br />The City of Ramsey Economic Development Authority (EDA) conducted a regular meeting on <br />Thursday, October 13, 2022, at the Ramsey Municipal Center, 7550 Sunwood Drive NW, Ramsey, <br />Minnesota. <br />Members Present: <br />Members Absent: <br />Also Present: <br />Chairperson Michael Olson <br />Member Chelsee Howell <br />Member Rachal Johnson <br />Member William MacLennan <br />Member Chris Riley <br />Member Shanna Stewart <br />Member Scott Wiynmgliiiiiuuii <br />Sean Sullivan <br />21111. <br />4. EDA BUSINESS <br />4.01: Request Re4o <br />11111191it <br />Wetland Anal ,;II <br />Economic ment NT' I'IjO <br />uu I dill I <br />uuuuppWuuugiiiiu ,,, <br />Memb <br />iiiii dto complete <br />asked Ip4tU 1,1,1,4sk n 1 workl <br />lul6 <br />p to t`' � lil�l <br />ment Man�'liiplliliiui <br />Economic De��lWap arum, Sullivat�iii�replied that the delineation work in task one has been <br />completed but rn t wetland an his was yet to be done. He explained that in order to complete <br />a delineation, the v g Cation h/ ��!to be growing and therefore that was completed during the <br />appropriate season to eq" e tin i would not be additional delay to complete the report. <br />11lllllllo1 <br />Member Howell asked how'ese project costs would be recouped through development. <br />Yendat h p i to Com <br />conomic Dev'; II! <br />1111111.11 <br />liiillllllllllliilll'il "'' „,1111 <br />111111111111111111111. <br />anager <br />���Illlllllllii����ll <br />Site' provements, Infrastructure and <br />u„preseni Illlt <br />he staff report. <br />s alreadY <br />1 Ilan completed or whether there would be more <br />10'1 the delineation that was completed. <br />Economic Development Manager Sullivan replied that some of these costs have been identified in <br />the CIP, such as Zeolite Street improvements. He stated that the other costs are able to be funded <br />through TIF or could be schedule through the CIP or street improvement program. He stated that <br />most of the costs, aside from building the waterfront park, are TIF eligible expenses. He explained <br />that those costs could be spent now and reimbursed later if TIF is used. He stated that once the <br />costs are better known, staff would present more specific options for funding. He noted that the <br />study itself could be funded through TIF. <br />Economic Development Authority/ October 13, 2022 <br />Page 1 of 3 <br />