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1A, Consider Approval of TCAAP Reuse Statement
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1A, Consider Approval of TCAAP Reuse Statement
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10/15/2024 12:39:36 AM
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Consider Approval of TCAAP Reuse Stateme
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Consider Approval of TCAAP Reuse Stateme
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11/16/2009
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Additional Considerations <br /> • The City will seek to diversify its commercial tax base and generate high quality jobs (i.e. <br /> high technology,medical). The City is interested in a corporate campus to help diversify <br /> the City's existing commercial tax base. <br /> • The City will seek to establish viable retail groupings to enhance long-term sustainability. <br /> • The City will seek to provide a variety of housing options on the site to accommodate the <br /> current and future needs of Arden Hills. This may include affordable housing and market <br /> rate housing with a focus on owner occupied housing. <br /> • The City will seek to have uses that generate property taxes. <br /> • The City has not guaranteed the use of Tax Increment Financing(TIF) or any other type <br /> of financial incentive for the redevelopment of the property. <br /> • The only access points to the property are at County Road 96 just west of Snelling <br /> Avenue and at the intersection of Interstate 35W and County Road H. The development <br /> capacity of the TCAAP property is limited by the capacity of these two access points. <br /> The City does not have funds to upgrade these intersections. <br /> • All development and permitting fees in the City's fee schedule apply. <br /> • In addition to the Metropolitan Council sewer and water access charges, the City charges <br /> a sewer and water access charge. <br /> • The United States Army operates a network of wells, underground pipes, and a treatment <br /> plant to clean the groundwater contamination. This groundwater treatment must be able <br /> to continue along side any redevelopment. <br /> • Additional information, such as environmental data, may be available from RRLD, LLC. <br /> To find out what is available and how to obtain the information, it is necessary to contact <br /> RRLD, LLC directly. <br /> 4 <br />
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