Laserfiche WebLink
<br /> <br />" .- ;,-:_;:,: ',' ,'-;:: <br /> <br />jdev~loper of the indust9,,~@~~~~l~S thy. 'developer include <br />'site ~ontrol, creation otij bles,. dlvers~ficatlon of the property <br />tax 4011ar, maintained ..~ Jyene$s' .......... hbopng citi~sandthe provision of <br />,land tfor expanding conjp~otellfi~~~~ .. '. ttequire further study for industrial <br />;parkidevelopment incluP ~.soqth1o~J1efl~dfill, whichqonsists of roughly 150 <br />developable acres and west of~se~aQulevard and. north of the railroad <br />trac~, which consists ~f Y' less'~;J5Q~9res.38 The City of Ramsey should <br />conti~1Ue to work with ,;;.Nfinn~s()~tP()l~qtionControl Agency and Waste <br />M~gement, Inc. to expl.4 otprtuniti~$ :f()r~eqseofthe landfill site. <br />~-;,-', a' ,;: - '-.- -' -~ <br />" <br /> <br /> <br />2001;Cornprehensive Plan <br /> <br />D. Economic Development Ttt II . <br />1. Tax Increment Financin'~Tlt) <br /> <br />t,c <br /> <br /> <br />[;:E::~r:.~l~~~~:.!::~~f~ <br /> <br />l'rovi.ion of livable wage t~l~ento"po~ties,an4jmprovement of tax base. 2 <br /> <br />RamJey has two tax in~r~nl1~*Oject~~$ ~tC?ntain six tax increment districts <br />desigpated for redevelopntn,t .ata,econol11ic(,~e~elopment. <br />~"fr- " "y <br /> <br />2. Lival>le Communities AcJ <br /> <br />-f ~~L", , ~_, <br />f _ , ~, J:_~- ,,_:;~.; _' -, :~-_ _;~ <br />$y. b~ing a participant in .lh~~~ropoli~.;~otipcil'~LivableCommunities Act, the <br />City .becomes eligiblefof ..*~ts .. a!\'flflo~slthat ..suPPyrt development and <br />redev~lopment of livabl~. 4Q~~ities:fIl!.~.base~evitaliz~tion acco~nt provi~es <br />funds ;to clean up con~IfttdJttl.d to'~ufP~tt ~ono~lc'redevelopment, Job retentIon <br />and j~b growth. This site ~~It1~ossi~ly;'ajl!s~~~e~itywithW1Y clean up costs that <br />1l1ight be associated wi1hittnt'Wn dqm's{onJ~otenti~ indus~rial land or spills on <br />redev~lopment lands. ., 1 ' , <br /> <br /> <br />3. Tax Abatement <br /> <br />f.,~, <br />A new law created in r9~7~ s M:~eS,RtaI'~o11UllqQ.ities to individually "abate" <br />taxes on a parcel of land r" l11Il1un~Y19an'itind that it is in the public interest. <br />Such public interest reasdmS lude to:' . <br />.' increase or preseivi." _ ASe '. <br />· provide employniett:;~tmmt,ie~ > <br />· help to acquire Q'~.. '.,d;t pUQliClf~ilities <br />· help redevelopb, .tt~~; ~r ...... ..... .. <br />· help provide resia~l!~ w'~ acces~Itotservices <br /> <br />~~. <br />~! <br />It " <br />; . t ... . !",~ <br />38 Information extracted out of a memorandUlIl"'~JI1'ik L]lIld,4~FinanceOfficet; June 2, 1998; subject: <br />"Industrial Park Report" i . ~ ; <br /> <br />'li <br />2 Tax Increment FiQfUlcing March 1996, Pro8tcuJ <br />:J;- <br />l <br />2001 RamseyCorflpre~nsive Plan I <br /> <br />Legislative Auditor <br /> <br />PageJ(JI-5 <br />