Laserfiche WebLink
Economic Development Consultant Mulrooney replied no. <br /> <br />Councihnember Zimmerman stated that he thought that some sort of commercial business use <br />would be more attractive along Highway #10. <br /> <br />City Administrator Norman stated that since the analysis is a simple finance study they have not <br />yet tried to determine what the other costs would be for the different types of development, but <br />noted that they could try and put together the other costs prior to the next meeting. <br /> <br />Counciimember Hendriksen stated that the industrial businesses pay a higher tax rate and have <br />the lowest demand for services which is just the opposite for residential developments. The one <br />issue that needs to be considered is the river crossing and typically when he sees a major <br />highway crossing there is usually shopping malls etc., not residential uses, and he thinks that the <br />City needs to plan around the assumption that there will be a major intersection in that vicinity. <br /> <br />City Administrator Norman noted that the difficulty with attempting to do an office/commercial <br />type in addition to an industrial development the City would need to add additional housing in <br />the area. <br /> <br />Economic Development Consultant Mulrooney stated that he visions the type of development <br />that would service more of a community rather than a regional market. He stated that the odds <br />would be pretty small to have a regional center in Ramsey. <br /> <br />Consensus of the Council was to continue discussions with the EDA regarding the issue. <br /> <br />Economic Development Authority Member Wagner noted that the EDA has many the same <br />concerns regarding the assumptions that were used in the analysis. <br /> <br />Councihnember Hendriksen stated that his main concern is that after waiting numerous years for <br />a river crossing, he does not want to sell the property to gas stations etc. when they are close to <br />having very valuable property. <br /> <br />c) Sewer & Water Western Extension Feasibility Study <br /> <br />City Administrator Norman stated that an analysis was prepared to assist the City of Ramsey in <br />evaluating the feasibility of constructing City sewer and water services to the west border of the <br />City. Various landowners have expressed interest in expediting development upon the <br />completion of sewer and water services. He explained that certain types of development <br />strategies were used based on approval and /or guidance by the individual landowners and <br />developers. The study compares the cost of construction against the revenues generated by <br />prospective development along the Highway #10 corridor. The estimated cost of constructing the <br />City sewer and water services from Ramsey Boulevard to the western border of Ramsey along <br />the Highway #10 corridor is $6,386,700. More than likely the extension of the services would be <br /> <br />City Council/September 26, 2000 <br /> Page 3 of 5 <br /> <br /> <br />