1997 CAFR - Laserfiche WebLink

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As a result of the recent building activity, the expected growth of the community through the year 2000 is anticipated to be as follows: 1990 Census Households 3,641 Population 12,408 1997 City Staff Estimate 5,411 17,850 1998 City Staff Projection 5,606 18,500 2000 City Staff Projection 5,700 19,500 The preceeding projections will be adjusted periodically and will vary depending on changes in the economy and Council decisions. In September 1995, a Chart: r referendum was held which is expected to slow residential growth of the community beyond the year 2000, but is not expected to dramatically impact the above estimates due to existing land inventory in the Urban Service District and projected future planning of rural planned unit developments. In terms of commercial and industrial development, the City issued building pernuts for 212,373 square feet of commercial or industrial construction projects valued at $7,316,000. The projects included Heritage Millwork, Shorewood RV, Landmark Community Bank, Children's World Daycare, Accent Kitchen and Design, Spectrum Fixtures, JMJ Business Center, Wolf and Associates and Ramsey Bicycling. The City developed its own industrial park south of County Road #116 and east of Sunfish Lake Boulevard in 1995 to encourage industrial development. During the past three years, the City Council has approved more than one million square feet of commercial or industrial construction totaling more than $34 million in market value. In 1997, the City Council approved 12 new subdivisions including 148 residential and 14 commercial lots. Additional activity for 1998 Council consideration is currently in process. With a stable economy, 1998 should prove to be another busy year. The Metropolitan Council requires cities within its jurisdiction to prepare and follow Comprehensive Plans for land use and transportation. Ramsey's next update is due by December 31, 1998. The City has hired the consulting firm of Hoisington Koegler, Inc. to facilitate the process of updating the plan. In 1998, the first draft of the updated plan will be written and there will be more opportunities for public input before the plan is submitted to other agencies for review. Each year the Cit Council approves a Capital Improvement Program. This document projects the priority and construction schedule for the completion of public improvements over the next six years. Most of these improvements are funded through dedicated funds that are set aside specifically for the noted project. A few projects will require general tax levy in order to realize completion. It is this document that gives the community the best picture of projected new roads, utilities and parks over the next several years. iv