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Agenda - Council - 04/12/1988
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Agenda - Council - 04/12/1988
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
04/12/1988
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<br />REQUEST FOR RAMSEY CITY PARTICIPATION <br />TAX INCREMENT FINANCING <br /> <br />I. APPLICANTS <br /> <br />Companion Dog Training & Supply <br /> <br />Kris tin L. Fluegel <br />6640 155th Avenue NW <br />Ramsey, MN 55303 <br />612-427-0252 <br /> <br />Sarah Sawyer <br />12481 Ridgewood <br />Elk River. MN <br />612-441-5642 <br /> <br />. Dri ve <br />55330 <br /> <br />II. LOCATION/ADDRESS OF PROPOSED PROJECT <br /> <br />14640 St. Francis Blvd <br />Ramsey, MN 55303 <br /> <br />III. DESCRIPTION OF PROJECT <br /> <br />Companion Dog Training & Supply is a dog training school and <br />retail pet supply store. Our expansion plans include construc- <br />tion ofa 7,500 square foot commercial building in the urban <br />area of Ramsey. The building will be constructed of block, <br />with parking for approximately 50 vehicles. Outside areas <br />will be landscaped and have security lighting. <br /> <br />IV. DESCRIPTION OF ASSISTANCE REQUESTED <br /> <br />We are requesting participation from the City of Ramsey with <br />Tax Increment Financing in the amount of $63,000.00 to be used <br />for land acquisition, site preparation, city sewer and water <br />improvements, new access road, landscaping and security fencing <br />and lighting. <br /> <br />V. ESTINATED VALUE OF PROJECT <br /> <br />$288,000.00 <br /> <br />Our financing package will consist of tax increment financing, <br />SEA 504 and bank loan, and ow~erls equity. <br /> <br />VI. SITE PLA.l\ <br /> <br />Please see attached site plan. <br /> <br />81 <br />
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