Laserfiche WebLink
Overview of MDA <br />•Master Developer Agreement (MDA) and Purchase Agreements are linked <br />•Master Development Agreement is contract between JDA, Ramsey County <br />and Alatus Arden Hills LLC <br />•Purchase Agreements must be approved by the County, as landowner <br />•Cooperative Financing Agreement (part of MDA) must be approved by <br />County Board and City of Arden Hills <br />•Vertical Developer’s Agreement (part of MDA) will be required of each <br />developer of vertical improvements <br />•At the time of platting and acquisition of property <br />•Will require development escrows and performance goals required under MDA <br />•County and City goals including job creation, tax base increase, energy <br />resiliency and affordable housing <br />3