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CITY NEWSL RAMSEY CHARTER AMENDMENT PASSES SEPT/OCT 1995, VOLUME 10, NO.6 CITY OF RAMSEY 1994 COMPREHENSIVE .. ANNUAL FINANCIAL REPORT On August 15,1995, a referendum election was held on a proposed Charter .. amendment. 965 persons voted in the elcction with 752 voting in favor and 213 :::: The City of Ramsey is required to annually undergo voting against the amendment. Total voters represented 11.6% of the 8,353 j a certified audit of all of its funds and account groups. registered voters in Ramsey .~: The audit for 1994 was performed by the certified public The new Charter provision now mandates that an urban area expansion ,: accounting firm of Malloy, Montague, Kamowski, (MUS A) takes a vote of 4 of 5 Council members (3 of 5 in the past). After that, ': Radosevich & Co., P.A. The preparation of the a proposed modification in the urban area "must be approved by a majority of .... Comprehensive Annual Financial Report [CAFR] is registered voters. . ." J done internally, by the Finance Department The above does not impact that part of Ramsey currently within the MUS A.:: The net worth of the City at the end of 1994 was Presently, if the City receives a petition from 35% or more of the properties in a J approximately $15.8 million. A large portion of this net neighborhood, the Council will order a project feasibility study. This study will j worth, over $14 million, is restricted for specific uses, include proposed property assessments due to the project ifitisconstructed. Upon:. such as those restricted by laws, designations,orCouncil approval of the study by Council, residents have 60 days to petition against the ::: adopted policies. The remaining $1.8 million is project. If the Council receives a petition against the project signed by 51 % or J available for general operations of the City, including more of the benefitted properties, the project cannot be built. This process existed @ the operation of City owned utilities. prior to the above referendum and it continues after the referendum. Any future .. Included at the beginning of the 1994 CAFR is a additions to the MUSA will also have the benefit of this process now and into the ::: detailed report of the City's activities during 1994, and a future. J brief description of all funds and account groups. This The referendum was not intended by the citizen petitioners to "alter ~he:: report is available for review at City Hall and at the planning and evaluation process required by law." Therefore, the Plannmg j Anoka County Library-Rum River Branch, located at Commission, Park and Recreation Commission, and Economic Development:. 5910 _ 167th Avenue N.W. in Ramsey. Questions Commission are expected to continue to plan for future development and land use ::. regarding this report can be forwarded to the Finance patterns within the community. ~.~ Officer at 427-1410. RAMSEY INDUSTRIAL PARK OPEN FOR BUSINESS Since the middle of 1994, the City has been acquiring land for creation of an industrial park. To date, just over 100 acres has been purchased. Over the same .. period of time, various parcels have been sold to manufacturers for business expansions. Of property in which the City has had an ownership interest, two projects are complete and three more are about to get underway. Even though the streets, sewer, and water were not constructed within most : of the industrial area, the City has been successful in attracting development .. interest. The ftrst sections of roadway are now complete in what is called the Ramsey Business Park. This new industrial area is south of County Road #116 .. (Industrial Avenue) and east of Sunfish Lake Boulevard (County Road #57). A total of 68 acres is owned by the City within this area. Additional parcels are .. located just outside the primary development area and all are available for sale and development. The City is requiring fairly stringent development standards which .. will ensure that this industrial area is a long-term benefit to the City. Upon , completion, it is expected that $35,000,000 in market value will be added to the :' local tax base. PLEASE NOTE: Ramsey City Offices will be closed on September 4th in observance of Labor Day and October 9th in observance of Columbus Day