86-1283 WHITE - C�TV CIERK
PINI? - FINANCE I COUflClI Y(� �y7 2
ClNARV -�DEPARTMENT I GITY OF SAINT PAUL �+ � /O� 4 �/
BLUE - MAVOR File NO.
� � Counc ' esolution �
.
_ J �
Presented By �y�
Referred Committee: Date
Out of Committee�By Date
R SOLUTION APPROVING AMEIVDMENT OF
T E REDEVELOPMENT AND TAX INCREMEIVT
INANCING PLANS OF THE NEW HOUSING
ND BLIGHTED LANDS DEVELOPMENT PROJECT
WHEREI� , by its Resolutions , Council File Nos. 276969 and
276970, ad pted June 9, 1981 , the Council of the City of S int
Paul appro ed t e Redevelopment Plan and Tax Increment Finan ing
Plan (the ; lans) and the New Housing and Blighted Lands Deve op-
ment Proj ct ( he Project) and Tax Increment District the
District) � there n provided for encompassing the provision of
new housin � , inc uding housing for low and moderate income per ons
and famili s, on eighteen separate, blighted sites with tax in re-
ment finan ing a sistance; and
WHERE15 , b its Resolution No. 280218 , adopted April 26,
1983 , the �City ouncil modified the Tax Increment Financing lan
for the istri t by authorizing housing financial assist nce
by means o� an I terest Rate Reduction Program, and by its Res lu-
tion No. 4-126 , adopted September 20 , 1984, the City Co cil
amended th� Pla s and Project and District by enlarging the un-
daries of � he E a-Birmingham site; and
WHERE S , t ere has been submitted to this meeting a Pro osal
to Amend he N w Housing and Blighted Lands Development Pr ject
and Tax Ir� reme t District consisting of twelve typewritten p ges,
five site� maps (Exhibit A) , a Schedule of Sources of Re enue
to Financ Publ c Costs and Amount of Bonded Indebtedness (Ex ibit
B) , Sche � le o Original Assessed Value of Taxable Prope ties
(Exhibit ; C) , chedule of Estimated Captured Assessed alue
(Exhibit � D) , nd Amended Attachment B to the Tax Incr ment
FinancingiPlan Exhibit G) ; and
COUNCILMEN �
Yeas Na � Requested by Department of:
Drew �r\
C�-j�
N��os�e i [n Favor
Rettman
Scheibel
Sonnen I __ Ageinst BY
Tedesco
Wilaon I �
Adopted by Council: i Date Form Approved by City At rne
Certified Yassed by Cou cil Secr tary BY
✓ /
B}�
Approved by Mavor. D� te _ Approved b Ma for u �ion to C uncil
` �
BY - - — y
. : • , � � � /��'�
. 1 . .
WHERE S , th Proposal to Amend the P1ans would delete th
Brandtjen- luze, Robert/Concord, and Miller Hospital sites fr m
the Projec and istrict and would add the Lincoln School , Mi ne-
haha/Kent ,! Conc dia/Milton and Trout Brook Phase II sites th re-
to, which ! ddit'onal sites are hereafter referred to as the " ew
Sites") , ai d th said Proposal to Amend identifies the basis or
qualificat�'on o the New Sites as redevelopment and housing d s-
tricts asi efin d in Minnesota Statutes Section 273 . 73 , Subdi i-
sions 10 a� d 11 , the impact of the proposed amendment to effe ted
taxing ju�t' sdic ions and the changes in the Tax Increment Fin ncing
Plan resul� ing rom the proposed deletion of three o1d and ad ition
of four n� sit s to the Project and District; and
WHE S, t e Housing and Redevelopment Authority of the ity
of Saint aul, innesota (HRA) presented the Proposal to Amen to
the Ramse Coun y Board of Commissioners and the Board of Ind pen-
dent Scho l Dis rict No. 625 , and has received the written co ent
of both B ards , and the Saint Paial Planning Commission has ap roved
the Propo al to Amend the Plans by its Resolution No . 86-73 ,
adopted A gust 2 , 1986 ; and
L�THER AS , t e HRA by its Resolution No. 86-8/27-2 , adopt d
August 27 1986 determined that the new sites constitute
blighted and u der Minnesota Statutes Section 462 .421 , Subd"vision
13 (1) , ( ) or (3) , that the new sites constitute redevelopm nt
districts� under Section 273 . 73 , Subdivision 10(3) and housin
districts� under Section 273 . 73 , Subdivision 11 of Minnesota
Statutes , ' that he amendment of the Project and District Pla s
would imp ove t e financial feasibility of redevelopment of he
existing nd n sites for housing, thereby removing conditi ns
of blight and lleviating a shortage of adequate, suitable h using
for low a� d mo erate income persons , and the HRA approved th pro-
posed Pla Ame dments as being in accordance with the purpos s and
objective� of aid Plans and necessary to their accomplishme t ; and
WHER� AS , he City Council has received public comment f om
all inte� sted parties at a public hearing conducted on the ro-
posal to ' mend on Tuesday, September 2 , 1986 , upon notice pu -
lished i the aint Paul Pioneer Press and Dispatch on Augus 19 ,
1986 , ha� revi wed the reasons and data set forth in the Pro osal
to Amendisuppo ting the findings and determinations set fort , and
has cons dered the findings and recommendations of the affec ed
taxing d stric s , the Planning Commission and the HRA and ot er
informat on av ilable to it and within the knowledge of the ouncil
Members ; now, herefore, be it
2 .
_f '
� ' • _ ' � ' ��- a �'�
, .
RESOLV D, b the Council of the City of Saint Paul , in iew
of the for going hereby approved as findings, that the follo ing
further fin ings are hereby made:
1 . �That the new sites individually, and the Dist ict
collective], con titute a Redevelopment District within the m an-
ing of 5ec ion 73. 73 , Subdivision 10(3) and a Housing Dist ict
within the meani g of Section 273. 73 , Subdivision 11 of Minne ota
Statutes, nd t at the new sites individually, and the Pro ect
collective y co stitute a Redevelopment Project within thern an-
ing of S� tion 462.421 , Subdivision 13(1 ) , (2) or ( 3) an a
Housing De elopm nt Project within the meaning of Section 462. 21 ,
Subdivisio 25 o Minnesota Statutes.
2. T at t e Amended Project and District would not be ade
available or r development, nor could the provision of new low
and moder te i come housing thereon reasonably be expecte to
occur sol ly t rough action by private enterprise within the
reasonably fors eable future without the use of tax incre ent
and the o her biic assistance sought and to be provided der
the amende' Project Financing and District Tax Increment Fina cing
Plans.
3 . , hat e Amended Project and District will afford axi-
mum oppor unity consistent with the sound needs of the comm nity
as a who e fo the provision of new housing by redevelo ment
of the Am nded roject and District Area.
4. hat he Amended Redevelopment and Tax Increment F nan-
cing Plan con orm to the Saint Paul Comprehensive Plan, the
general p an fo the development of the community as a whole.
5 . That the implementation of the amended Project and
Redevelop ent lan will not result in the displacement of 'ndi-
viduals a; d fa ilies as the old and new sites are largely v cant
and mostl uni proved, and that as to displacement as will ccur
in Trout Brook Phase II there exists an adequate supply of uit-
able hous 'ng w' thin the community to accomplish necessary re oca-
tion with n the means of those so displaced.
3 .
WHIT� - CITV CLERK
CANARV� • o€P RTMENT GITY OF SAINT PAUL Council ��p���.3
BLUE - M\VOR File NO.
Council Resolution
Presented By
Referred To Committee: Date
Out of Committ e By Date
RESO �VED URTHER, that amended Redevelopment Project and
Tax Incre ent D strict and amended Redevelopment and Tax Incr ment
FinancingiPlans for the 1Vew Housing and Blighted Lands Pr ject
and Distr 'ct ar hereby approved as submitted and HRA is dir cted
to file opies of the amended Plans and this Resolution with
the Minne� ota epartment of Energy and Economic Developmen and
the Ramse ' Coun y Department of Taxation and Records Manageme t.
4.
COUNCILMEN � Requested by Department of:
Yeas Drew Na s
Nicosia l �
Rettman Irt FBVOC
Scheibel �
so,,,,a„ __ Against BY
Tedesco
Wilson
Adopted by Council: Date �Cr � � � Form Approv by City Att rney
B �✓
Certified Pa: •e I cil Se ar Y
sy�
SEP 15 1986 Approve Ma r or Su 'ssion to C uncil
Approv lNavor: D te — ` t
A
B)' - Q'�`—�`� J
P� IISHED S t P � 01986
�
. � � � � ���3
.
..,,
_��� �
�
WHEREIS th Pro osal to e
, p Am nd the Plans would delete the
Brand 'en- luze, Robert/Concord, and Miller Hospital sites rom
the Pr 'ec and istrict and would add the Lincoln School , Mi ne-
haha/Ken , ' Conc rdia/Milton,�"""�rout Brook Phase II ,
&:e�e���- sites thereto, (which additional sites are herea ter
referred as he "New Sites" ) , and the said Proposal to end
identifies the basis for qualification of the New Sites as
redevelopm n a d housing districts as defined in Minne ota
Statutes S� ct ' o 273. 73 , Subdivisions 10 and 11 , the impac of
the propos! d ndment to effected taxing jurisdictions and the
changes inl the Tax Increment Financing Plan resulting from the
proposed di leti of three old and addition of €� new s tes
to the Pro ect a District; and �z-
WHERE S , t e ousing and Redevelopment Authority of the
City of S int aul , Minnesota (HRA) pressented the Proposa to
Amend to e Ra sey unty Board of Commissioners and the B ard
of Indepe dent School istrict No. 625 , and has received the
written c mment of bo Boards, and the Saint Paul Plan ing
Commission has pproved he Proposal to Amend the Plans by its
Resolution No. 8 -73 , adop d August 22, 1986 ; and
S
WHERE S , t e HRA by i Resolution No. 86-8/27-2 , ado ted
Rugust 27 , 1986, determined t t the new sites constitute blig ted
land unde Min esota Statute Section 462.421 , Subdivisio 13
( 1 ) , (2) r (3) , that the ne sites constitute redevelop ent
districts under Section 273. 73, Subdivision 10(3) and hou ing
districts under Section 273. 73 , Subdivision 11 of Minne ota
Statutes , that he amendment of e Project and District Plans
would imp ove e financial feasibi ity of redevelopment of the
existing nd n sites for housing, thereby removing condi ions
of blight nd alleviating a shortage o adequate, suitable ho sing
for low a d mo erate income persons , nd the HRA approved the
proposed l�lan endments as being in ac rdance with the pur oses
and objecti'ves f said Plans and necessar to their accomplis ment;
and
WHERE S , t e City Council has receive public comment from
all inter sted arties at a public hearing c nducted on the Pro-
posal to � end on Tuesday, September 2, 198 upon notice pub-
lished i the Saint Paul Pioneer Press �nd Dispatch on
1 , 1986, has reviewed the reas�ns and data set
fort in e r posal to Amend supporting the fint�ings and d ter-
minations herei after set forth, and has considere�c� the fin ings
and reco endat ' ons of the affected taxing districts ,`�.�the Pla ning
Commissio and the HRA and other information avai�,,able t it
and withi the knowledge of the Council Members ; now,�`�,,there ore,
be it
�
2.
PEO - Housing Oiv. �� �`� � 05'743
Nancy West QEPARTMENT � _ .
� 7494, Ext. 277 � � CONTACT
Au ' PH�NE , . . ,_
DATE ��� Q
SIGN NUh�ER FOR. ROUT NG. OR R Cl i All Locations for Si ature :
��2 bepartmerrt Directo � Director of Management/ yor '
Finance and Manage ent Se vices Director � � City Clerk
Budget. Qi recto,r _
ity Attorney : . . 5 HRA Chair er n
AT WI L BE ACHI VED X TAK G ACTION ON THE ATTACHED .MATERIALS? (P+�rpose/
Rationale) :
By signing the attac ed, y,.o will be presenting for .City Council consideration a solution
amending the New Hou ing an Blighted Lands 0eveloprr�t�t Project and Tax Increment istrict
(an eighteen-site ho sing d redevelopment project and district).
k��CEiV�D
COST BENEFIT BU ETA Y AND ERSONNEL IMPACTS ANTICIPATED:
�E P � 'ty�b
The amendment would esult 'n:
P�4AYCR'S Q��lCE
a.) The.deletio of fo sites from the Oistrict (potential gain of $�5,400 i �
tax revenue share by all local taxinq jurisdictions). :
b.) The additio of fi e sites to the District (two of which are now HRA owne sites). .
FINANCING SOURCE AND UDGET CTIYITY NUNBER CHARGED OR CREDITED: (Maypr's signa-
tµre not re-
Total Amount Qf;T nsact n: N/p quired if under
- ��o,000)
Fundin� Source: N/,4'
Activity Number: PED P oject #33599 •
ATTACHMENTS List an Numbe Al1 Attactnnents :
1 .) City Caunci Resol tion �
2.) Proposed ndmen
3.) City P1!an�i g Co 'ssion Resolution � -
4.) H�A Re�olu 'on
DEPARTMENT REVI�YI CITY ATTORMEY REVIEW
�Yes No Counc 1 Reso ution Required? � Resolution Required? Yes No
Yes x No Insur nce Re uired? Insur.a►nce Sufficie�t? Yes No
Yes No Insur nce At ached: N/A
< , . . .
( EE •REVERSE SIDE FOR INSTRUCTIONS) _
Revised 12/84
. �� �� �
-
THIRD
PROPOSAL TO AMEND
THE EW H USING AND BLIGHTED LANDS DEVELOPMENT PROJECT
(TAX INCREMENT DISTRICTS #12 AND #44)
AS ADOPTED JUNE, 1981
AND AMENDED AS FOLLOWS:
_
FIRST AMENDMENT APRIL 1983
�
SECOND AMENDMENT JUNE, 1984
,' DEP RTMENT OF PLANNING AND ECONOMIC DEVELOPMENT
CITY OF SAINT PAUL, MINNESOTA
.
SEPTEMBER, 1986
. -
September I, 1986
� /��3
(Revised Pu suant Action by the Board of Commissioners
of the Hou ing and Redevelopment Authority of the
City of Sa� t Paul, MN on August 27, 1986 and
Pursuant t Actio by the City Council of the
City of Sa� t Pau MN on September 2, 1986)
TAIRD
PROPOSAL TO AMEND
THEj NEW H USING AND BLIGHTED LANDS DEVELOPMENT PROJECT
TAX INCREMENT DISTRICTS �12 AND #44)
CONTENTS
I. INT ODUC ON
II. PR IPOSED AMENDMENT
III. SIT S TO B DELETED
IV. SIT S TO B _ ADDED
V. HO SING EVELOPMENT AND REDEVELOPI��ENT PLAN
VI. TA INCR MENT FINANCING PLAN
VII. QU� LIFIC TION AS A REDEVELOP?�'IENT DISTRICT
AN, A HO SING DISTRICT
VIII. IA'I ACT 0 PROPOSED AMEND�RENT TO TAXING JURISDICTIONS
M Added Sites Onl
EXHIBI'� A. Site Location aps ( y)
EXHIBI B. Sources of Revenue to Finance Public Costs
.
and Amount of Bonded Indebtedness
EXHIBI C. Original Assessed Value of Taxable Properties
EXHIBI D. Estimated Captured Assessed Value
EXHIBI; E. Amended Attachment B
Amended Attachment C
EXHIBI� F. Anticipated Development for New Sites
EXHIB�' G. Legal Description of Sites
Comprising the Project and District
. .
� �,G -%��3
I. INTRO� UCTI N
The N Iw Hous n and Bli hted Lands Develo ment Pro'ect was approved by
the Ci,y of Sa nt Paul in June, 1981, and received Ramsey County certificat on
of the; rigina assessed value on September 3, 1981. The purpose of the
Projea is to:
1) ncreas the supply of decent, safe, and sanitary housing available to ll
i ncome roups, especially low and moderate income households;
2) i evelo or redevelop sites which are blighted or deteriorated areas;
3) �Provid financing for these activities under one Housing and Redevel pment
i Projec and Tax Ircrement Financing District.
f ei hte
en scattered Sites whi h
The. riginal roject and District cansisted o g
had ' een de ermined to meet statutory definitions of blighted or deteriora ed
land�and to equire some form of public involvement in order for develop ent
to o cur. T -date, twelve of the Sites have successfully undergone develo ment;
two' ther S'tes have development proposals under analysis by staff of the Housing
and; edeve opment Authorify of the City of Saint Paul (the "Authority").
Eac� Site, nd the District as a whole, qualifies as both a Housing Projec and a
R,e evelop ent Project under the State Tax Increment Financing Act.
Th New H usin and Bli hted Lands Develo ment Pro'ect has been ame ded
on � wo occ sions: in April, 1983, to add language to incorporate Interest Rate
' Re uction Assistance as a form of housing assistance allowed under the inancing
P1 n; and i June, 1984, to add a parcel of land adjacent to the Etna-3ir ingham
Si� to th Redevelopment Project and Tax Increment District.
- 1 -
� �-i� ��
II. PROP' SED MENDMENT
An a � endme t to the Redevelopment Project and Tax Increment District i
propa ed to complish the following:
A) To del e three existing Sites from the Project and District:
#5 andtjen-Kluge Site
' #14 obert/Concord Site
' #16 iller Hospital Site
; (Note: The numbers listed above refer to the Site Numbers designat d
in the riginal Plan.)
B) � To ad the following new Sites to the Project and District:
�19 incoln School Site
#20 finnehaha/Kent Site
#21 Concordia/Milton Site
' #22 Trout Brook Phase II
(Not : The numbers listed above refer to Site Numbers which woul be
• desig ated as a result of the proposed amendment.)
The mendment is proposed as a necessary modification in order t allow
the _ uthority to accomplish the purpose of providing new housing, especially
rent I housing affordable to low and moderate income households '.e.,
m s of 28 080 or less .
. hous holds with 1986 inco e � , )
III. SII ES TO E DELETED
.
T I ree Sit s which are currently included in the Project and District hav not
r� lized ny development to date. Further, Authority staff have deter ined
t 'at deve opment of these Sites for housing is either infeasible, due to ost
o' practi al constraints, or inappropriate, due to new, non-housing dev opment
o jective .
- 2 -
.
� �� ����
The S tes to deleted are:
- istrict 7
Site 5 B andt en Klu e (D )
T is Site, located on the south side of Blair Street between Elf lt
a d Galtier Streets, holds a large, older structure. Several pro osals
t renovate the structure for ownership or rental housing have een
rsued; all were determined to be financially infeasible. The tructure
i currently being used as a warehousing facility.
Site�#14 obert/Concord (District 3)
his vacant land Site on the east side of Robert Street betwee
oncord and George Streets has severe topography. Land ass mbly
to package a larger development area) had been expected to ecur,
id not. Previous development proposals have proven to be i practical
and infeasible.
Sit� #16 Miller Hospital Site (District 17)
This Site, located on the southeast and northeast corners of 9th Street
and Summit Avenue, contains the old Miller Hospital. Acqui ition
and renovation of the structure for housing has been determi ed
to be financially infeasible. The Site has been selected as th
location for the State History Center.
.
.
- 3 -
. -
� -����
N. SITE TO BE ADDED
The E llowin Project Sites are proposed as additions to the New Housing a d
Bligl� ed Lan s Development Project and Tax Increment Financing District
Lincoln School Site
Minnehaha/Kent Site
Concordia/Milton Site
Trout Brook Phase II
Bel w is a 'te-by-Site listing of location, legal description, and factors ich
ma{� each ite undevelopable under private market conditions.
19. ' LINC LN SCHOOL SITE (District 5)
This ite is located between Fred and Tedesco Streets, east of Burr Street.
The te is legally described as: Lots 1, 2, 3, 4, 5, and 6, Collins Su division
-
t ' 'on of Outlots to the Cit of St. Pa 1, according
of L s 8 and 9 of Irvine s Additi Y
Ramse Count Minnesota; and Lot , Irvine's
to th recorded plat thereof, y Y,
Addi ion of Outlots to the Town of St. Paul, according to the reco ed
plat hereaf, Ramsey County, iViinnesota. This vacant land site ha held
an o solete school building which has been demolished. Correctio of
poor soil conditions remains to be done.
20 MIN EHAHA/KENT SITE (District 7)
Thi site is located on the s
outh side of Minnehaha Avenue betwe n Kent
and Mackubin Streets. It is legally described as: Lots 50, 51, 52, 3, 54,
55, 6, 57, 58 and the West 1/4 of Lot 59, all in Block 3, Smith's S bdivision
. of lock 3, Stinson's Division of the N�N 1/4, Sec. 36, T. 29, R. 23 West.
Soi tests reveal that the site needs total excavation of all existi g fill �
an organic swamp or top soil materials, and replacement with a
�n ineered fill system prior to development.
- 4 -
� �� � -!a��
21. � CONC RDIA/MILTON SITE (District 8)
� This si e is located on the northwest corner of Carroll Avenue and M lton
' Street It is legally described as: Except streets, the South 1/2 of t e
SE 1/4 of the NW 1/4 of SE 1/4 of SW 1/4 of SEC. 35, TN. 29, RN. 2 .
� The si e is presently vacant. Soil conditions are questionable.
22. � TROU BROOK PHASE II (District 6)
I This u developed area is generally bounded by Wheelock Parkway a d
� Timb rlake Road on the north, Arlington Avenue on the south, Jack on
jStree on the east, and improved and unimproved Wanda Street on t e
i west. The legal description is: Lots 7 through 18 inclusive, Blnck 1 ;
! Lots through 16 inclusive, Block 17; Lots 1 through 4 inclusive, Bl ck 18;
' Lots through 24 inclusive, Block 19 including North 1/2 of vacate alley;
and L ts 1 through 17 inclusive, Block 20 including South 1/2 of vac ted
� alley; all in Gurney Highland Park. The site will require extensive oil ,
' corre tion and slope stabilization in order to produce development.
As, ad bee done in the analysis of Sites included in the original Project nd District,
thi listing of proposed Sites has been reviewed so that a determination ould be
ma! e that he following three criteria, contained in State Statutes, are tisfied:
1) They are blighted, underused, or inappropriately used lands o acres,
deteriorated as that term is used in the Housing and Redevel pment
• Act (Minnesota Statute, Chapter 462).
2) They are of such a physical condition that they could each se aratel
qualify as a "redevelopment district" under the Tax Increme t Financing
Act (Minnesota Statute, Chapter 273).
- 5 -
�
. -
� � ° l��'�
� 3) ousing to be constructed on each site will be made available, t
1 ast in part, to persons who qualify under the income definiti ns
f the Housing and Redevelopment Act (Section 462.421, Subd. 15
nd Section 462.445, Subd. 1 (8)), and of the Tax Increment Fi ancing
ct (Section 273.73, Subd. 11).
V. HO SING EVELOPMENT AND REDEVELOPMENT PLAN
The�origina statement of purpose and the statement of objectives and re uirements
in t e Plan s adopted (and subsequently amended) remain unchanged. In eleting
cer ain site and adding certain other sites, the Authority intends to enh nce
its ' bility t increase the supply of housing for all income groups, especi lly
low' and m derate-income families and individuals, and to develop or re velop
bli Ihted an deteriorated sites.
�Nh le spec fic development plans do not exist at this time, the following eneral
larn uses a e proposed as a guide for the development of the Sites to be dded:
Site General Land Use
Lincoln chool te Residential 2: Townhouse, atta hed
' houses; maximum density of 13 nits
per acre
Minneha� a/Ken Site Residential 2: Townhouse, atta hed
houses; maximum density of 13 nits
- per acre
Concor ia/Milt n Site Residential 2: Townhouse, atta hed
� houses; maximum density of 13 units
per acre
Trout rook P se II Site Residential 5: A combination f Townhouse,
� attached houses (maximum de ity of
13 units per acre) and A'lultiple Family
ftesidential (maximum density f 30
units per acre and maximum h ight
of 5 stories)
- 6 -
��/���
.
VI. TA INCR ENT FINANCING PLAN
The uthori ed development activities identified in the original Plan, as a ended,
are nticipa ed to be used by the Authority to assist the development of t e
land on Site currently in the District and on Sites to be added. These act vities
are and ac isition, relocation (as necessary), site preparation, public im rovements,
and ousing assistance. Tax increment or bond proceeds may also be used to
rei burse t e Authority for public redevelopment costs set forth below w ich
it h s finan ed from sources other than tax increments. The proposed bu et
for ublic a tivities under the Plan, including the new Sites, is as follows:
I� Land c uisition � 8 085 12Z
9 > >
Reloc tion 267,000 �
Publi Improvements 542,848
i Site P eparation,
De olition, Utilities 3,200,112
Speci 1 Improvements 110,000
Housi g Assistance 3,000,000
Cons tant Services 250,000
I Admi istrative Expenses 771,332
T al $16,226,413
Exhibits , C, an D contain amended tables for: (1) Sources of Revenue to Fi ance
� Public C ts and mount of Bonded Indebtedness; (2) Original Assessed Value o Taxable
Propertiei ; and O Estimated Captured Assessed Value. Each table was contai ed
in the ori inal Fi ancing Plan and is revised to reflect the future development f
existing d new ites.
- 7 -
I
� -/��3
Exhibits , C, an D contain amended tables for: (1) Sources of Revenue to Fi ance
Public C 'sts and Amount of Bonded Indebtedness; (2) Original Assessed Value o Taxable
Properti , and ( ) Estimated Captured Assessed Value. Each table was contai ed
in the ort inal Fi ancing Plan and is revised to reflect the future development f
existing nd new Sites.
VII: QU LIFIC TION AS A REDEVELOPMENT DISTRICT AND A HOUSING ISTRICT
AS MEN ED BY THIS PROPOSAL
The Distric was established as both a "redevelopment district", as defin d in
Sed ion 27 .73, Subdivision 10, and a "housing district", as defined in Sec ion 273.73,
Sub ivision 11. Each of the original 18 noncontiguous sites was analyzed to determine
its ligibili y under both statutory provisions. The Sites which are now p oposed
as ddition to the Project and District were aLso analyzed to make this etermination.
Th follow' g language is intended to replace the first full paragraph cur ently
on age 37 in the original Tax Increment Financing Plan:
�T n Attachments B and C as amended to ther
Th infor ation summarized o , � g
wit� the d ta supporting such summaries, supports the following conclusi ns
wit respe t to the qualification as a Redevelopment District for the Sit s to
_
be dded a d the District as a whole:
"1. Sites 6 and 17 are comprised of land predominantly occupied by bui dings,
• stree s, utilities or other improvements and 100% of the buildings, ot
inclu ing outbuildings, are structurally substandard to a degree req iring
subst ntial renovation or clearance. These sites are 13.04 acres in area.
This s 11% of the total area of the district, as amended. This site is
com ised of a total of 75 parcels; this is 13% of the total parcels n the
, distr' t, as amended.
"2. Sites 1, 2, 3, 4, 7, 8, 9, 10, 11, 12, 13, 15, 18, 19, 20, 21 and 22 are omprised
� of la d not predominantly occupied by buildings, streets, utilities o other
impr vements but 100 percent of the total acreage of such land, o these
indiv dual sites has a fair market value upon inclusion in the redev lopment
distr ct which, when added to the estimated cost of preparing the 1 nd
for u e, including utilities, if any, exceeds its anticipated fair mar et
valu after completion of said preparation. These sites are 111.00 acres
� in ar a. This is 8996 of the total area of the district, as amended. These
sites ere comprised of a total of 483 parceLs; this is 87% of the to 1 parcels
in th district, as amended.
_ - 8 -
i
- � - /o'�d'�
"3. i Take collectively, sites 1 through 22 are comprised of land not pre ominantly
I occu ed by buildings, streets, utilities or other improvements, and 6
I perce t of the total acreage of such land (101.08 acres of 105.34 to 1
I acres of vacant land) has a fair market value upon inclusion in the r development
! distri t which, when added to the estimated cost of preparing the la d
! for u , including utilities if any, exceeds its anticipated fair marke value
' af�er ompletion of said preparation. The 22 sites (excluding the th ee
� sites ecommended for deletion) are 124.04 acres in area and consis of
� 558 p rcels of land." �
Eac of the Sites to be added will contain a housing development, and eac
dev lopme , in turn, will contain dwelling units intended for occupancy y
hou eholds f low and moderate income, as defined under State law.
Exhl bit F i ntifies the type of housing proposed to be developed on each ite
to b� added as well as total unit estimates, low/moderate income unit es imates,
and� otenti 1 sources of financing assistance. This attachment is intende to
be � guide nly. The Authority's standard process of involving district co ncils
andi ther i terested organizations in the review of housing proposals will ontinue
to b; follo d, as soon as specific development proposals are identified.
VIII. IMPi CT 0 PROPOSED AMENDMENT TO TAXING JURISDICTIONS
-
By � e Aut rity's and City's adoption of this amendment, Article X of th original
Tax�Increm nt Financing Plan (Pages 38-40) would be deleted, and the fol owing
lang age w uld be substituted:
"Th overla ping taxing jurisdictions whose assessed valuations this Tax I crement
, Pla amend ent may affect are:
� Indep ndent School District No. 625 -- whose boundries are cotermi ous
� with t e City of Saint Paul.
I Count of Ramsey -- to whose total assessed valuation the City of
. I Saint aul contributes approximately 5396 annually.
The H using and ftedevelopment Authority of the City of Saint Paul --
I who is the requesting authority for this amendment. (The Authority will
be co idered identical with the City of Saint Paul for purposes of t is
analys s.)
- 9 -
� � � �a��
The ort Authority of the City of Saint Paul -- whose power to le and
use operty tax revenue is limited to 789 mills. (For this analysis the
Port ill be treated the same as the City of Saint Paul.)
Metr politan Authorities -- for example, the Metropolitan Council
Metr politan Airports Commission, Metropolitan Transit Authority
Metr politan Waste Control Commission, and the Metropolitan Mo uito
Cont ol District. Of these, only the Metropolitan Council, Metrop litan
Tran it Authority and Metropolitan Mosquito Control District levy n
real state. .
"O these j risdictions, the only two which would be affected more than ominally
by i his am ndment would be Independent School District No. 625 and the County
of amsey
"TH Auth ity anticipates that it will retain 100 percent of the tax incr ment
der ved fro the Captured Assessed Value of the District. The taxing ju isdictions
ma be aff cted in two ways: (1) experience an absolute increase in the ax
rev' nue du to the deletion of those Sites proposed to be dropped; and (2
pot ntially experience (assuming the development of the Sites to be adde had
oc� rred w thout public intervention) an opportunity cost of tax revenue hich
is f�� regone due to the Tax Increment Financing Plan. This impact is illu rated
in ti e tabl s below.
PERCEN, OF C RTAIN GAIN OF TAX REVENUE ATTRIBUTABLE TO TAXI G
JURISDI TIONS
MilLs Annual
Taxing (Taxes Payable Tax Reve ue
Jurisdict'i' n in 1986} Percent Gain
City of S int Pau 35.888 28.2 18,443
County o Ramse 31.867 25.1 16,416
School D' trict N . 625 53.980 42.5 27,796
Miscellanl ous* 5.402 4.2 2,747
127.137 100.0 65,402
*All othel Cit a d AZetro olitan Taxin Authorities
Y P g
.
- 10 -
C��-���
.
PERCE I T OF P TENTIAL TAX INCREMENT ATTRIBUTABLE TO TAXING
JURISD� TION
Annual
Mills Potential
Taxing , (Taxes Payable Tax
Jurisdic ion in 1986) Percent Increment
City of aint Pa 1 35.888 28.2 49,292
County f ftams y 31.867 25.1 43,873
School 17 strict o. 625 53.980 42.5 74,287
Miscella eous* 5.402 4.2 7,341
127.137 100.0 � 174,793
*All oth r City nd Metropolitan Taxing Authorities
"The tax�,increm nts derived from developments in this Plan would not be avail ble
to any of� the tax ng jurisdictions, were it not for the public intervention of the Housing
� and Rede elopm nt Authority of the City of Saint Paul.
"For the � ole pur ose of complying with the State Tax Increment Financing Ac 's
requirem nt that the Authority estimate the impact of tax increment financin on .
the asses ed valu s of affected taxing jurisdictions, a mathematical calculatio was
made ass ming t at the captured assessed value represented by potential devel pment
of the Sit s to.b added were available to each taxing jurisdiction. The calcul tion
represen� an est mate of the amount by which each jurisdiction's mill rate mu t
increase ' order to raise tax dollars from property outside of the tax incremen
financ:ng,amend ent area in an amount equal to the potential tax increment a ount.
�
.
.
- 11 -
�� i���
IMPACI ON T XING JURISDICTIONS IF DEVELOPMENT COULD OCCUR
�
WITHO T PUB IC ASSISTANCE)
ftequire
Mill Rat
Annual Increase
1986 Potential Per $1,0 0
Taxing � Assessed Tax Assessed
Jurisdici ion Valuation Increment Valuatio
City of aint P ul $1,748,314,738 49,292 .00003
County f R.am ey 3,292,017,989 43,873 .00001
School istrict o. 625 1,748,314,738 74,287 .00004
"This ta� le is re evant onl to the extent one assumes that the development o the Sites
to be ad; ed wo d have occurred without the existence of the Development P oject
and Tax' ncrem nt District. If this assumption is incorrect--as the Authority believes
it is--th, only i pact of this amendment on the assessed values of the other xing
jurisdict' ons are -
(1)� All t xing jurisdictions will benefit from actual increased assessed values,
due o Sites being deleted from the District;
_ (2)' To t e extent that there is any inflationary value from Sites to be dded
whic would have been attributable to the tax base of these jurisdi tions,
such alue will be foregone by them during the duration of the Dis ict; and
(3)! To t extent Sites to be adopted are developed, all taxing jurisdic ions
, will enefit from future, higher assessed values upon termination o the
Distr ct."
.
.
_ - 12 -
�t ��, �►� = �'�. �.�•'� F '�'. . � �; ' j��.��'+�i�`Y:+r.e4:�::l�R:.L.I� r ....1-5...:.•:i. _ : I .-1:a1. �ln_1i11.` jf., �+.-� _ F:r.
� � ..r �-'y . 3S T 'k'`t:y. ..r_•_.____�.__ --e ,� r� 6i.�. u
i � d+ < �. t
a y . r ��.ti � w,� � ..f t 1 �.� �.1 �
.'„ ., ..,�$ � � -�;.�, �, :,�. A =,�'�,� �u�Q- SS� S � . -'. •� .� �� T.
'�. _ �`' °S"` ��. ,��= _ � _ l.- _ .�� a '• ,. ..
•:• . •• , .� � , . .0 . , �;�=�- ��P3 ��;,. � e . .
, . �,.;
c.+e) . � • ' .. :+ .t' .+ ,. . .o , � :
'x � � i �. �i I N E ' iS c.�, �»� �„<� ;a�� �,,,� �;� � �. �
�`s v� •►` ., I ' �!«� �..s� � � 2 3 4 . �' � _ � �� 8 . Iir .
♦T �'�-� �I I � • r.) � ��. Y e , ,P% �,t� • . . 1 �.i
s ::�L�1p,� ,: 2 . ; �-_�� z _ � T.U N U L'S �, �� � e � -.
'et. .. J1) 3 O. � � O '.oc- '' . _ �_�— _ ^ . IQ �:,u .
+ ... �t" �'y'— ;,, T S 3 i u e. `''' `='' _ ~" � �� •,:�
. r •� ,
; �7 cy� ,,,� � ` — — `� ' � a S o 1:�TJ�'� l.tiA � E V .N �
,�' '( _ s r..4 •a
— — — -� � • „'. I (�ie; �:,y .�> a. •.. S
Ou ��, ' Zy '0 �(«.
., -,��,�.' ,.�: �r'+ c9� 5 �. � � ;���, s„� ,; .� ., --�� � 2 D . N. �i
� ' . L� � � �r
_�iL- • ..Y� a (
r � � �; � V
'' � � , 3 .. � _ � i� Y� _ .b ., /e� (L r (,afi %�r � .
� we� �or '�N tti�7 � � '� o � � . cr; �ii, c ♦ o A�
.�w�-r..+w n�T 8 � . � � ,� r ' %
� .A�J� W �t �.�. Q �'
ov� s���s " � Z f,o, .,.• F •I�
S �` •tr I � -:'s
� V �
�O M 8. `�. � ` 3. � �� z' '� �"� � ���� �
. �
' � � � ;'� ' � '� i 14 '.
, . , T_ . /�
^ti„' -
'M� ,.� �° �, � , -f:..o, �,
r " - \
i2 I i i0 _ 4 S g _ V :�itti�� � � � �i,� i5 �s�
iie� �+ O iu�l„u I ;y� I ;�' 16 �_z•.'� ,�.
, I.5 .., ,.� .. � 17 � �Y.
I ���
; -- J . - ��� . � �
�s c o ��- � r tv 5 --� 5 T. i8 ;� ,�
�9
�j� i�.• ,. ` - - - - - - - - - - - - - - - - - - -- F �D � .
�� �) �I •� O
��♦
I `L:� �7i 1 .
� °. ���, ?; �•�,,, � �p —�• ; �'.
1 = j . 3 4 S 6 � e g �p '* .� .� � KL!!v$ ST. �� R 20 � :,r
�
l , s� ��s; , . ' ° '" �e '° �,`•c,.
t � �` � � •'� / .''•/� ,•!tl , � � .c.✓ � � e
, � �� I „ F =AD �• 2� : z� � � �
.. � v c �, o
� . ,,, .,� T K _ ,. ,� � �.; � /
... .. �.. „., ,� A 2�
1 �MW� (i�a)�, ��t.:�, ;.4f �i.'i 1M� � i � (.�a'..�r l.:l � � • �il� �
, _I P .. ` - � ;J
� , ,, r 5 v �s z,6. �7 _,� �9 ,- ; � zz 2
� . R zo : 2 , .
� � l� 13 r ' ' � .
� �
I 4 �.,i,' : .
�� e� � +J
I z �i s �� i v t :2 e. ic
� a♦ I Q.
� ' I
� — , J
w 1e o�o
r��N .. .. _ ., ��S °i � ..
N � s �G o'+s. �_ „ ,. ,,^ _O b o , -- - -- ; _ _- -- �
. txl I o5j L i �LC�' o
�� pZ OL � ni__..;y ' ` I
J• O- O ' _ '�
' - �t1/ � 1 � . � ^ � �� 4 �
Y 6 5 4 2 O . Q �• o ��i h � `d.. � o '!
� a � �:6 � ,� , ._ � : ;
,� o�:a — ��- _ 3 �2 � I . , I'::
03 '- - , •- - -- 5 4 3 : � ;,�
� c.:J .� � • . �. �1.
G3 ,R .. ` ' ,
� ' O • v 'li�o L •
I h D � Ih L . . _'�.�,. ' ofo � ��.
� � ��� � � � - � _ - 4 O` /10 ..J f ' '1_�� Y � � 'O, �, D J I �'
.. N
�<�I� • � .�' t � � i�
� �� �; f��f �o� :�� � � ' h is�i � • ��: W � � ,
�. � •, e o70 — - -� �-l��- - - - 13
b . .� —`L ��'>�, •>. : > � �ar�. '�.
� � �. + � -- — Q
7 0 ; l ��� , �rs; ��� ` 1y, f
b IQ l� I`��. ° 8 9 10 ` _1! 12 �
a � * ot '(�, �:. ; ; (7 7� 10
)� 092� iot ' � � ° . �,e�� �(>UI �7i.� , ... o!t•. � ' .
.
�, �� � ; � c) �S°.� (3ij �3:) i�d��i 1 � r (i/I p I
O _C .� - � Q '� . ; Q ;f ; B
•' 'it [1 �+.
o H � . . ,
" PKI S ,
, o
� ° 5 T.
.. � Q� _�o. �
v�� " ' ��s _,r.-� �: � � , o — .. .. _ , ...; ,
� o�I e°I�6�)I`y� I ('''�i I (+�„ .r,(w o° '..3� (..c� �� ��si> � e o i�o.�st _
� � � ,%:� � ic�^ � y n
� � � o � ' j�, p�� : ��� pSS^� o�� (� ' 14f? `` ' � � i + .
5 4 �
' 3 �,u � 1 6 S 4 3 -•' , . �T
L` � -� �'r» : + Z � v i l.l 2 (OLD� M t .
� � � ,
� „ � ; r�s ;r,,, .�,L: , o- �
' � p� � �� I '�. � .�01 � � (n5 ` y'�^'� 02� �S • i O .C o
��� OS t ; i)7/ 3 f✓i; h
75 25 i ' ,� Z� ; � .
�i e � e P . � ZfJ J� -..
., . .� S T. • �- .. - -
u a (i7) w • 4� 4p •,� 1 s o J'e� � .. _ �i..�L,j, '� t•
� ./I' •O�': �.. _
�yti� � '_ t �L� ���I ^„1)� . Cy� tl �' I S�J��0� Qi 1 .
i �
(x) a os 5 h � o► ; �.y'o.rL 7���r� ` �
� • .
� 8 9 0 �� i 2 �� c- � � o �,�.��r � ..�,� :�; '�;:r ' , q
o , I to .. 7 08 (� �hi� y I I I' ;� ��-- � ��� 3 � �.�� � �
. ° : os � C�I �� i o � � p
o K i I �
�.� I � OS LfJI . hq , o;�*.� ,ev � ts f� � o .
�ai .. • wr• , . j., � 6 ; p p
� " .. .��. ._� s. ir " . •
a,- 1_
.1� 4�
� . F'�� tti I j,. �. ... o
•a w. ' -
(� R �. r, •r• o 'A .
. t . �•�---• • . . � ,_,,,j �� • +.. •-�
� �
� � i � � � -
�� � % � � �� � `�_� _�o _�_ �,� � �._�_ _
.. ' I ' � A ` � '_ i " _.__.^ ... '_ '_
1 � h ���.
� -- -—
, � I �,; i o 4 c I y \� e� m ,�-� �,,•
� � . -Zf - "� If
�, - ` . —
( _ �, (ry � u: �� = 'e �' n�j �' _�- � �
G
� '` f
o n ' p� Sa�y _ � �� N � ` a „°�° N � r�it..
� ! � � � 1 , --` ' � -- _ - �o�
� �� � .�' ~ � N N h �
� � r. �--- :
�� ;�*I�+ �s v^ � � 1 rv � � � N + N � ���
'.,i • L' . F, ,[ y - -,�- ' �p
� � �w ��^ � °w •1 ' •O N-'� L' � N--- �r �� N r � N
� � h T
� � ��T` 1_ I S'G � � ' /�Y ♦ r♦ � N 1'V
�� ' 07 ei
� � • �i. `� �•w ' � � �.�' �. � . .. � v � � � � � � ��.� • � �� � '
`_ c� � ' �-��'y1�'�� 1 S— � -
i �!_ . � •Iy.. . O -.
i . ! I�� T II� �� S7� � ^ •�^I,• ��
t�� , .z I� .-- • ` 1A �' • p r= � Y1 c c`.V�GG � M� �'� h 4�0��
. V° G ^ � s� � � w ..j 1. .;.00 v�. �� s� �� �- �'�v
r •f o-ut' � o.�} � _ o r, 5 �' c oI � .-__r_m_; _ o �
/ � � —�_ � i N �+ ,F?_.. an � r I
!� �/ M _�N ' � _ i , I � ' e � ,
"t,r�,_ _ m :. � h � � g � ,� ., �
r f �G v � � ,- , �` O �� I •• _ � K �,., �. . r 1
�� ~ r �� N� r ,� - � ' � � ` i
� ry � N n � N
�t t f• � ��'T ..T :� l� Q,O . � N , ,7 � � Iry � W Y� I
4 � ' v
� . ` . � \��, � � h � 1 ' ta tf r I
. . `J � � � � � �v � � u ~ I
� ` _M �, ^"'_^r�oT I ,
� c� : � ° c° °�; u' �� o ' � `'� 3 �' • i
� . �ti.� N � � �n �- L • �
� - �� N ' ^ �
� % '° � �;;° � � " m"� s; " � i h � � ► r ` �'
�
r � �
�� : �c< � 0�°� � ti J F � m � � � �, . m �
� � � �
� �
r �a� = W � N � � � � ti S �
,� � r 1 �n " n
- � � . -- � r` [ �
: � nl _ �., r- _ .�
� :! �9° U � A � `� � � � h V h
� � , I
.. V � � '1' � •P O �' � h O v „�',G
.. G�V !7 Vl `� � �y r 1�
� � ^ I i
�. � 1 � � � � P C � � V n u �A.. f i
- � � �" � ''F O �r � I
� �� A
. i. �� " ° �� — ..P 1'1
., � �� "' � _ _
I '� � N T -/ �, L,—�J—= ` o ti` rrby�.c^ tJ ;
" � � h - i`., �, <o � i ' T° �-y =° � �
t� f � � c � �� _ l�r� o ` " - � � � � �:
� u > r f- 1w
�' _ ' I `i 5, �� � l i SZ� _ ` e I � � n �./ �/ '
• Q� ' �
` , ` 1 /
� `� � � � � � � G� � � � \ '�/ `� �,� ��s`�,` ��� � V� � � i � � � � �� � � i� � � �'� � � �
c�i � on - on �.. ,e. �'' e�� � _ �� ^ �`o �I `•'
I �^1 � .� +:� C rF • i`Y'.- � � I �.' i�I�• �� ' t G �J� � w� ��'<c,
� �I f,� C� �v� `^�� � S ��I_� � ;`� � � y .O �'� ,n � j - ' �'. - � �" .d ^.t I
++.�. j� , .� � �e 4 I ( --��� ' � c e� !
_ � I �o �ao � ^ ;, ` £�r.s- 1•�^� � M�I �' �' "" ,_Y �� .+� i N N � .n I
. c + - �L� � — r` L-- l�°�b,°?�— — =� � �"' � F� '� — —� — ,
. ,� � I � p_ - - - ; � i � � ��� � !
.co i R�O - �'. '. * T^.,� 'c � c 9.� cl ��V K; � I a ? G� ♦�
� C `^.' S C C = � � �w O a � ` � ^' �.0 ?'+
� ? i � r. n �� � r n I � � f = I � i-o
F r. !. :
. - N ti'1 � N � � � �' " d� j
� vm � � � r ¢ � � r. _ _ y- - �
� - ''.
y :v - N I 1 �'' h � �^' i
1. �� � ,,, � � y N „a �n '= I :, ' ._``�',..;F �_ C. � �` j
i o - �: �, t� w �;�� �: � , �t•` ��`
Q —_r=�r ^ �
a� 6 � \ � ~ ., , ° Q► �t � i � e. r� � R t
" N v --- - - `�• N� N � ` � N �.
...� J S. v
O F.� � n � �' f _,:� o� , n� �c OJ n r- �i O � 1u"I n �' ��
� i �. `. � i I� n O N � � �l � a
. I v1 � �� ~I ——G : �1 .• �. ^ i
i
I �' .^.�_N � - 'S �C� " 1 nJ I N
. e� � .� _ N _ __c �_�I � —� � eo � � � N i
k- k � ,�" .- _ t J .,; .
; o .� a - o � � � ,..
o Oo ��V N^ � v �� � N �� � � „ � � j
n, � -
' N � N \ � , � �. �_e_ ° � o � _ � �o i
. r � v Qv N N � � p� N ' �, N
I � . " y •
i• �—�— r ( N � .n I
N ^n � _ s. �+ �a o � n � _ = = !
, _ �a+, " � ,_ .� ( � .
. �- a
—— o e o •., 'N �o -.� „ •�'j m 1 n ` 5 � m C ,
I _ � $ � "' " �` "� � � � �
• ' „ � -„_ ,-. �, ,., �
;o _ _o+ � r ��i;,=<�� � :, �� : i t �o � � = �o
. . �' . � • `_ � � . �
� �n ;� � .o �` 1 f+_+ i "^ � _ 1 'n �
----- �� ?• �' �° „ � ' � .r„
; _ . '•g•' �' 'g� �
�� --, ' . . . . .. - . . '
- .
.-�� � i ' _.� _-.---� 1----------, ----�- ------� ��---_ - .-� ,. --•.
� ? + . ,,. ' i ' - i
► )
, ; . .
.
.
�
� '
- �
` s� ` -
--- - � . ' , . � � __ .., � _ s, - `=�
� \ �_ ._ ._ Y � < <' 1 . ' �.�
O, � � i. .� . ' � ' ''� 1� ^C . ` �
�s 1 . . � N v► � 1 0'� C� �
�._ � L. , _ . '1 '_'_' _ ' ^ � `
� t- � 1 � r � � . , , � '� n. � �., �n u,. , _ I
� � t:: . I � °� � �� �• a `� :. I� �.
� - �� --- r- . - ;�� 1 � -- _ . . ^ •,., - , A �. �: 'r °�•, S:- �
Q 1 I. �� � ° _
�` � O L t'.i . � �� _ . _t I ' � �ili - rr n' t;ii � � s• �,, ,. '' f� - !
- - - -�' � - - - --! -
r C� , '
s �l� � = ' � G � ; ' _ . :
� � s< <<, �: -� �,� �:
� , ' � � �v _ � o . ;
�, ..,� : : � E� � i �
^ r --. -. ; . � - - --� _^--T-- ;, .. ._ - -.
O i � �
N a i . ' 7 � I I S � ' N ;� N .
c' - - _ - - - -- �_- J
� � ^ � � ; I � �—
t, m
~ � . �-- - - �I ` � -- --- -� � �'_�� �-.-.N -
�.. v� � ,� � � � �. �, t / ^d - - _ �
N . � �. 'Si � N
� v e �� ''� ` N
� I- - - -''� � � - - - - -I � � � �� � C� --- - � --- i
~ � `'+ U � � : O � N
� �� i � f i � � � �� � .
=" °-,,� �- - --- ;i. � i - - - - - i � � b � - ----- - -
� � I il /��✓✓ � � I � $ � N
N � � - - - � - - - -j I -� - - .. ~-- •-- '.
. '
c�ir J I � _ _ �� 'L . - - -� I O ►" � � N i
. ^ �
�n = � � � �i � I � j -;� ._ � _ _.___
I ''
� N s ' � � ��'� � � � �� '--.. . � � CD ^ N t
�' � , � � � � s'���• '°` � -'Y,^ f-�� � .- �-----' - � t
I � ; �' `o I
I �"� � �/ M N T,
�" C r- - - - � - - - - - -� � ��-i/�---- �, — � Oy `L N , i
� � i i � I •. - Q� _ N �n � � � _. .. '� _ �
�, J � � h , v P c .
1J C ' - - - - I � � - -� - - - -� �- - : p 0 N li .
`, � r :� -
\��o �- - - - -� I - - - -- -1 I- - � \ v - ^,(�'V _ f[{ �p ` �
F �yrv ' i I � � " Gv _ _�r �
.� � I � ; • � cJ O n _ `-A- - --N- --
v "
I+ r - _ _i_ - - - -- - -� I - - `� � .(�, P'• �'.
� - - ! -- � F - - - - ---i i _ � �r' ` ' �N o � -- ;�-�
� �:
� � � I I I � �o V = �' �' �
--- - -� � - - - -- - ' � _ �'— . _ =__._ •
o r - -i � � � = h ,
c . r- � i I I � � r, � �, � � � � _ _ ` : i
I I t � �- '` `J �i o- � - ...� _ �.�i
-� r- - - - - - - �- ,, _ � c �c _ .. ; �+
E `° � _ ' ' - _ _ - _ ' ' � � .��C\ m :� s v� � p ��" 0 =_ y.:
-- ( C7� .. �` � _� � _I '.,'` f����' �, � s Jri � o« e�
�r- � - - -r - - - - - - - - - I
�- - - - - - - - -- - y` I
� � �^
s; :7r C� �. r- - - - -. -.- - - - - - - -, �, ..� .. .. s � ��4� _ ts ,.•.,. I � F• :, ,r.
G �v ,, , , � � ' '�' �` - �> N,� � �;T� '—.=-- -
C�.� �. ��. a
" M �-- - • - - -� - - - - - - -I � .� _.�' . - ' ' ' I�"
�� _ _ � � I � � ��� � K, .,. ;u:��: - �GN � .. ��� �2 ^ : :t-- -Y----� ,
� i I i � � 'M • � i /"� .:(�� �-^_. 1 � _ . --- --
�` 'p i- - - � - - - -� - - - - - - - �i i �+� � e; � '�� `^J `` i ,;:; � _¢. �� h,ioT �
m M � I � i i I ��'Ifi I� � ^ � �2 � � �' -
� � w- 1- - - 1 - - - - � - - - - - --' I� � ".r � ^ - � J �� �-�-� -�---' ` �.
N �.' � I f N . . .� 'r N � �; �
�, i � - ? "` :�C: . '
� � I� - - - _ _ ' I _ � _ _ - _ �I I i �. 3 \i�i � :- ��. ' op� :
� -� �.�.�--�
C. N i � , � �n� . - m -
,- -
� � i � - - �: ' - -
R N - - - -- - - - - - - �- � � -J >. T, o,
i- - - � w O - •:
ti_ � � �� �' tc� _ o.-_ .
r n' -1... � .�� ���_�l _ _� � c v�r ss/ � 1.. C _:r • _--..
m � . � i I • _ � = - � ► ._
`� N � _1 � �'� � � � .i� = ��- t
� ��� � � � - - - - - - - - 1� �� � _ �: -_ _-�' -- �
N I � � I _� N '.� •�^
a i T � l
� �__ ___ _ 'I_ _ _ _ _ _ � i' e+ - �� a''- �.� !
� N I 1 ' � 'o In J t '�.� -� ti ' � - "'�� N--: - {
O- I I � � � J O A �; 'C "� � __'.-_' '
N. \ -�� � � � � � - - - � � - `,• v ..t 3
� �- - � I
� -
� I os
. � � .--- - . �
_ N Q 1 I ;A � :. � � -�; �
, � � a , 'a' -_,�v _ .-9 N - = _ : � = t J
- , -- -- - - - - - - -.�� _ �- - o - - �a= - � •- .�_-- - •
7�5 N � - � - T � �� _ :t "" _..
� i Q � � �w� � N i ----- '� =�"�' --�- -
0 � N - N • -,,,^ =Y
� . � 1 � �J _ � s
�
� � _
N _ � � � _ _ -- '; -
� (_ _
� _
._. .� 1 I .- _o _ -- ".
. 3 - � o
- O ._
— � .
, , , t �, �+ �, . - - N
r
«,
. � .. � � V _ N = -� --�
- - ` �-- - - - - � - - - - - - -� Z � ,� v ----- " ` �• �, `=5 =- 'r--
> •� ..� -�
�� r � 1 � O � a � Q � ♦ o o � �t `^ ., �. N a.
'q 1 � � C � ? t � r -� il�
m P- � �-- - � - � t� � - - - -•� '1 � V� � 1 -�N.. M� 7M •*• `; fi 'v�^
V o v �
� � • �
.y q'• �• ' ^
r :J / \ 1'� �� ' � 1 ' � � ' ' 'J ' ['1/r' �� //'l: P ' � ! 37/ :� ..^,�_ ;_
�t.. ..►�
� �:i
� :_���'�:b-Y,^.
'�� .
_ � � � � �� � � � � � � � �� � �� � � .� �� ...� � � � ' ��:r'�j - �:t�_:.
r ��
� �
� ' .►::s si . � .�i�,.
� S!02� � i - - ' ' - - - - - � 1 t^ : w� _Pi` � - _ " - .
y I �! _ ., _ ^' _ _._ ^ k
� � � , �� -
_..�_ 1 �,,,.� . ...
^�i � � ' � ' ;\0 � o__ N } ; y°. N :° ti - iv -
u� ' � __
--- + � � � ,� � ----- _ M • ` c. _ M .;..r.. . �
,- __ - _ _ ' _ _ _-'.. . . _ ' ' - , �. - .,
.
� �
I �, ,
I �
. (
� , R� t. . �
�- - � � , . , ; .
����3
� E ' � � !_ - - � � ' I •.� � �
•:; '� 19 � 3 , � I 9 ..,� , 6
� ,, - ' �,- . ��g �c r � o _ M � ! � 18 •, - �.e� � 7 `
9s �)e ,.e --• -- i».eo — 5' '�� — -- _'
�t ,.:.s� ; o • �^:, . 17 . • e
T R O V L v
� T R O K =• L �,.� 16 (a9) � 9 ,;
,� ° ,�,8 �. : is;� , io ,�
- 5 '°'� ' .
(��O' ' �r Si . _ -
� • 14 • ���04) II ',
e � � �o ��` 13 . 12 ' ;
.,
� �,r � �:s; i.,
�i 24 , 1 � v. :
i , !a �-- -- - v d
`� � �I" `;,�� 23 2
''•� X � �d o .x' 2 2 -
, -�.;
U � 3
T � � a + : 21 , � 4 �
,� .-..� __ .__.. �
%"° - rV--
- -..
W .. __ - -
� '� W c - — - ----- _ __. ____ --- _ '
I � � / y 3 r �RA,� 4;— � ��,��i�� :.�.� � ��:., �
i�y • c /,` O y _ �l ��� ��`° � ..
/ t �
� ? �.J R SC� ei: -- � - - --- `
�:; 1� O / ,' ,i a � ;: (�ir) 16 , _ _9 .._�_
_� I P /r� �•' .�
4�
.�i , ' oF� / �i�� ` ���: ✓' 15 r�r. :.^ai IO 's .
. I w � �. �� � v�b'� 14 ,�ot i�a; I I ! �:
L 1`��4��-- � °4 3 � V D• Z � 3e•� .,�.13 (�01) o �2 . ,
'� . . , .. . / ,z .F- c i
'%O � - -• � C ---
> l�-�-t�•; ..._ ...,c.
. - � W �o
. . —e — — �.. ..
T+
s'T,.'>
ir � �
tS. � � �( �' ' � h , �o ., .< f� .
y � � � M Y 4 � I I 1 I ,� �
,�'`?�_,'� � •� � --- _.._,_ _ ., _ - � _ _ � 23 2 ;:
,� 19 ; I � 16 � ` `,� 3-_ 22 3
. I• 18 .y , IS ,; J 4 „) 21 �-4 �.
• �' 17 •r 2 ,� � '� 14,,5' S 20 5 ►
,° 16 �, 3 ; , �
� ( 6 _._...�._,.,1°,�._..,, i � 6 ��) �
�` IS �c 4 ,� �3 � `' � 7 � .�s:: _" 18 / - .
� ,� . � - �t, 7 i•�
` 14 5 ; � s � � 8 '� �: � 17 � �`� 6, s
. 13 � 6 , .� �; � �
� � '' g ,
� - �2 ��. _ : �6 �,=j , g _ _; � .�;
` e ' � ` 10 IS 10
f
II
� i 10 '^~ . .� • II 14 I I 1:
� r n,..,- , .
I 'i� .
2� � , � ,i � , ,-ir a2 !3 • 12 � . a
I' .., l�
� 2� � � 2 � � � � ,., ; 24 I � N t �
' !_, ----� � '� �� ��. t 2 2 3 2
; �- 22 � 3 �, 'F,: 8- � `�\,� 3 s�� 22 3 . --
' i 2 0 � � I � `` I L:; 2 I 4 ' !
19 �) 6 - � �`� 7 `� � .`\` -- 20 5
� i � ;� `�f. � G m, , �g �;,4> 6
� �8 7, , �c_ 6 7 �' `� � I 8 7 .
, 17 6 ' � � 5 l � -- ---- -- -
� ' '�- , ;,� \ I 7 - �
` 16 _ g � i . 4,_� ` 16, ,� � q
; �; 14 ' ` �� .� ? 2 ��` \�� "S� I 5 :.: � ��
i '" _ _13 _ _Jy_ _ 12 _ _^,� ��-- - �� �F ,�� _ j4 � I I "
' `, �, � _ . ---_ _ � _... -!3- -- ���= -`-i2- �' O
-�—"'. f --- -- ---- �' ,� _
� _ � ,. _ , ';�:: ;;
j f �
:C�.' ._ - _
'. ,
�ry -�:��� -„r,•'---_7-. — � _rr'�i � I ,... qt��p � �
2 3 ,' �— 2 N �' 'c I �6 � � .�—��"�•I _ ,� �
22 �_—J� 3 � 2� ----1- 16 �„ 2 � d
� I 1 \ p � y
'� 21 �I 4� --- 20 , _ �� ' `.. ._IS �;,.i 3 ;
20 S I �9 4.,, � 14 ,.:� 4 -
t9 ,.� y � S
'�� 6 i 8
I • •Z,, 5 . � , ,i i,P) 6
I I8 7 � �•7 6 � �
17 �,� g 16 7 '', 8
�i 16 �, 9 �5 8 ; � „'
15 `"� ip' 9
� ' 14 9 �' 10
�4 �ti.l �� I 3 �0 =:
..
r-
r � �a � � ,2 ��a i
�� � .� i 2 i i •. ..
�� 24 ��� I ! � 24 � . '-"0 � � 12, �
� y 23 2 23 2 �:,Z �' �16 ' "�� 3
� �. 22 'T! 3 22 3 :,..Q 5 . ,
� 2i � ' 4 � 21 --4— _ � :� IS �. �
� 20 � 5 ' 20 S 14 ��
�z�� �9 ' 6 � 19 (zo`. 6 � ;� 13 �
.__ .18., . T , � 18 � i _. --7---. 19 II • �
� - � � �a �'�
EXHIBIT B
SOUR ES OF EVENUE TO FINANCE PUBLIC COSTS
AND A 40UN OF BONDED INDEBTEDNESS*
A. '� TAL ISTftICT COST $1 ,197,981
B. � TIMA ED SOURCES OF REVENUE OTHER THAN
X INC EMENT OR BONDED INDEBTEDNESS
1'' Ca ital Improvement Bond Funds $1,500,000
2 Co munity Development Block
Gr t Funds Z,500,000
31 Mu icipal State Aid Funds 500,000
4; De artment of Housing and
Urban Development 500,000
51 La Disposition Proceeds 1,000,000
61 Co nty Aid Funds, Minnesota
De artment of Transportation Grants,
Me ro �'arks Open Space Funds,
Urb n Development Action Grants,
Tax Levy Funds,
Min esota Housing Finance Agency, etc. 500,000 ,500,000
C. D STRIC COSTS TO BE BONDED $1 ,697,981
D. B N D C STS
1. Ca italized Interest Payments 4,500,000
2. De t Service Reserve 1,500,000
3! Cos of Issuance 500,000 ,500,000
E. T TAL B NDED INDEBTEDNESS $1 ,197,981
*The e isting l vels of funds available under the Sources of Revenue To Fina ce Public
Costs' nd Am unt of Bonded Indebtedness are sufficient to cover increased osts
. associ ted wi h the proposed amendment.
.
-
_
� (�,F- -/���
EXHIBIT C
ORIGINAL SSESS D VALUE OF TAXABLE PROPERTIES
Following is a �rea down of the Assessed Value for each site in the district (both
the current' ites a the sites proposed for addition). These will serve as original
assessed va ues for the district. A parcel-by-parcel breakdown of the original
assessed va ue is c ntained on Attachment A, Appendix.
Ori inal Assessed alue
1. Bake School Site $ 155,643
2. Ellis � venue ite 132,625
3. St. T� eresa's 22,613
4. The " outh-o -Front" Area (Block 355) 31,557
*5. Bran tjen-K ge Site* N/A
6. The elby A enue Area 687,425
7. Otto Mercer Site 6,140
8. Neval a/Ark right Site 26,691
9. Missi sippi- errace Area 37,869
10. Brad, ey St.- ase to Whitall 7,233
11. The ailroa Island Area 568,073
12. Haz 1 Park 48,15
13. Etn� Birmin ham Corridor 132,94
*14. Rob rt/Con ord Site* N/A_ -
15. Bel� dere P rk Site 7�79
*16. Mill� r Hosp tal Site* N/A
17. Uni �n Gosp 1 Mission Site 303,46
18. ftut and B rns Site 315,41
19. Lin oln Sch ol Site 27 �88
20. Min ehaha/ ent 11,08
21. Con ordia/ ilton 9,70
22. Tro t Broo Phase II 39 19
T TAL $2,571,49
.
*Sites pr posed o be deleted from the Project and District.
Parcels � ithin s me of the sites were tax exempt as of the date on which asse sed
values w re deri ed. Technically, at the date of certification of this district y
the Audi or, no ssessed value attributable to such tax exempt property will b
included�in the riginal assessed value of the district. However, when such pr perty
become� taxabl , Section 273.76 subd. 1 requires that the original assessed va e of
' the dist�'ct be i creased by the amount of assessed value attributable to such roperty.
For pur ' ses of he Plan, the anticipated assessed value at the time these tax exempt
parcels � ecome axable has been included in the original assessed value comp tation.
.
� _����
EXHIBIT D
ESTIM TED C PTURED ASSESSED VALUE
The Au hority as discussed the district with the Ramsey County Assessor's ffice
in an at empt t arrive at reasonable estimates of fair market and assessed v lues
for the urpose of arriving at an estimated captured assessed value for the di trict
at builc� out. F r purposes of those discussions, the Authority assumed:
1. T at for ites 1, 2, 3, 4, 5, 6, 7 and 18, development would occur consis ent
w th exis ing Authority plans and specifications;
2. T at for ites 8, 9, 10, 11, 12, 13, 14, 15, 16 and 17, for which the Auth rity
h s no sp ci°ic plans, development would occur to 75% of permitted de sities
a d consi t of average square footages and amenities;
3. T at curr nt statutory assessment classifications will remain unchange ; and
4. T at the riginal assessed value contained in Section VII is accurate an will
r�main c nstant.
The As ssor h s supplied certain "averages" or "rules of thumb" from which stimates
can be , ade. ssuming a $40.00 per square foot canstruction cost, these ave ages
are as f llows:
- ESTIMATED
CATEG RY ASSESSED VALUES
1. O' nershi
A Sin le Family Detched Homes
1,0 0 Sq. Ft �12,580
� 1,1 0 Sq. Ft. 13,140
1,2 0 Sq. Ft. 14,820
Bi To nhouses
8 0 Sq. Ft. $ 7,300
9 0 Sq. Ft. 9,060
1,0 0 Sq. Ft. 9,500
1,1 0 Sq. Ft. 10,900
l,l 0 Sq. Ft. 11,60d
C Co ominiums
7 0 Sq. Ft. $ 6,790
8 0 Sq. F t. 8,18 0
9 0 Sq. Ft. 9,390
1,0 0 Sq. Ft. 10,900
.
i
�—/� �-3
Dj Du lex �
1,1 A Sq. Ft./Unit
(2,2 0 Sq. Ft./Bldg.) $26,300
1,2 0 Sq. Ft./Unit
(2,5 0 Sq. Ft./Bldg.) 30,500
EI Gar ges
Ad for each attached single garage $ 672
Ad for each attached double garage 1,120
Ad for each detached single garage 538
Ad for each detached double garage 896
2. RI ntal --
A� Uni s
650 Sq. Ft. $ 7,980
700 Sq. Ft. 8,550 •
750 Sq. Ft. 9,120
800 Sq. Ft. 9,690
850 Sq. Ft. 10,260
900 Sq. Ft. 10,830
950 Sq. Ft. 11,400
1,0 0 Sq. Ft. 11,970 _ .
1,0 0 Sq. Ft. 12,540
1,1 0 Sq. F t. 13,110
B� Gar ges
Ad for each garage stall � 730
Applyin these verages and the Authority's assumptions, it is estimated that the captured
assesse value f the district upon completion of all development will be app oximately
$15,514' 779. T e Authority intends to enter into assessment agreements wit developer
and ass ssor as permitted and described in Section 273.76, Subd. 8.
.
�-+ i ►-+ r-+ � ►-� ►� r� �-+ � � . -
00 �I Q1 � W N � O tD � V 01 (J1 � W N �--� I N
. . . . . �
fD
.� I C 3 W .'a Y T� 2 .'� p 3 Z O N Q C n N f'�1 W
� � � -+• fD O c�r o+ O+ � -�' cD c* cD 'S O c* -r C+
� J. � � Q � N �• � t/� < t* � C+ • —+ 7r
S i O � G fD G+ !D -� C1 v� Ai O G' � �I -�• (D
� �p �. -S � � -S � -�. C. I �G G O --i cn 'S
iv 'S C1 c�r Co O fD cn G� 3 c� --h �'
� I G7 fD \ �• � fL �C �n \ fD D c�• I CD � t/)
n, o x � c� -s c+ n. i �. a � < cv -r, -s < �
cn o rn o � -s c� -o -s � cfl � � cn r� s
W i � N � �. 7r .-. G+ � 7r fD � 1 O tn � O
C fD � 'p C1 � N N �• � 'S C 7C � Oi C O
� I � �. � O � � � � � � � � � � �
� � t"'f �^S � S SL \ -1 -�• C N
v� 3 a � a a � � ro �n �n .-.
' �. .� X- � �. S 'S ? (D W
. N � ^ �• � � x' �I •
I � l / � � �
J. � � �
I O � �� � W
� � �� �
�
�/
r-� N N o--+
V N � W Ol W � (.f'� i--� N N � CT� N �
. • f�
07 V l0 O �D lD Q1 ►-' C.J O N N q N C..) �
tD v Q� vt cJi � r-+ O N � v � � r� tD cD
A�
(D
�-• ' o
►-� Oi W �I N W W V W N
�--� �O V � G1 � N CT �p .a. r--+ r+ t-+ lD
�F O
�E --h
N�
�
°i n
� 3
� m
� z
N �
m
.-.i-. � �
a. n ar� a� m
vv � a x
� � f�
OCNQ CD � `�"
' t"h t"r c"r C � D C7
Ol .A �--� �' �. � �. y f'� „"�
' J � � � �1 � �� y �
' O+ "S �• fD .^_ � 3
� SY 4� � c'� f� �. . Z nl
� �. N � ct
� i� � n ; r� � �
N V1 p
� n -s
0 0
a < -s
c�
�
c�
�
. �
�
•-. o w �
� � z c sv
�--� a1 W � N W W W W N 'S -�• �'$
lD v � t--� � N cn t,0 1� � r� r-� q � O CD �--� c')
O c* fD a CD
� < ? • �
r-� 1� t-+ fD CD V1 � N
V • � � � ;�
N v fD cn �
• rn rn v-� � •
w e+ rr
a � in �
n n c� x� o
c� • • ,i. c
. � �-- ,_,.
�
.
v� v�
c c
J (V Q J. �
? O r-J � V� ^
a� �v
J. L]J
� �
.a C
N SS7 �j
. � �`
� 1
N
�--� W W �
_ -+ C W
.A -►� �. . �.
r-� �ta -�
C � d
lp ct _..
� • � �• �
� � �
ro -a v�
. � �
• � Cn N N ►-+ O �O � � X
fD fD �. . . . . �-} fD �
� � � � a c
� � -� c� 3 r • rp �.
� . C� lrt �O �S O J. J. d f"f'
u�+ o�, o • c n � � D m
C� -o c�+ o fD O �
V7 ? O —1 '� ? � � �
�. � (n O G7 a Gu � C+
c'+ fD fD tt � • S f�
� � a c+ o si a cn �
� o � � � _
p � c-+ 7r 3 7C � !D
O c� O � -+. �D O �
C � � o �+
� � � � c't crt -�
Q. O (D S O W
� � �
� C r-• •--•
�G "h fD «..� C'�
� � � O
� � fD �
� ct c-t c-r
fD S fD -'.
� !,D a . �
Q Z
fD fD � N (") CL
� —� O .P Ul r� r� r-+ � ••..•
f'+ G� � • CD
� O O� O O cJi sv
�. p rr .A O 01 tT 0�
� 'S S fD
C+ (D
Cr e-r
C �
� O� J.
(D � !!� �
� ct O
� �
� J. CTI
� n oo �o ,_... � � o
q �-* -h
.A
'O
d
Z
��
N
� ^�
d C7 � fY. Q+
.��i �'S
C�
� O C t/� Q fD
�J � � � � ��
O � �J• � J• (^
� N (D J(D' J`
� �• fD � E
('} ('} J. J.
►-� �. N � lrt
� fD t::� ?
N N
�
O O
< �
fD
�
[D
�
�-h
N
��--� O Cn G7 �
• `� � c-* = A�
� I � 'S -+' 'S
,P 'S (D � Cl
�p V � �O r--� O rr fD a lD
G /rt J. J
fD !� N � Vf
� � v N �
� C.. �.
c�r c* r-t
N �• �'
�F � O
�(- C
c'F c'�
fU
N '
Q (n
� � e't
( J• �
Q� � N C
� � �
� C �
N �
J
� �Q
1
� � � �
� � �
� " I �, . �. �. �
W N _� n ��
C S G �
fp �.
. � . 2 �
n � :a
fD ' < N
lD
�
N N N N ►� ►.r �-.+ � p,_, �-• �--� f... � Z
�• N � O l0 G� Ul ,A W N ►--+ O �D 00 V J� W N F-+ �O
� . . . . . , . . . . . . . . . . .
� �,
� '--1 C7 3 r � W � I'T7 S � W 3 2 O N N f'r7 pp I N
O -S O -.. J. C [D p c+ fL !L 'S �• (D c+ O c+ -+ Lv .-�
"O O � � � e'* -r � � N �. fL N < cT _-+ 7r �
O C C) � f) 3 < <p fli fD � Q N a+ O • .�. �p m
N c�+ O fD O -�. � \ -+ � .� J. .d � O -i � 'S
� � �- -+ Or Q �..t W O rD tn o� 3 -h �
� W � S � fl. 'S \ �� A�i fl. � �. � fD (D � N
�* o o,� sL cn r� 0 3 -s cn -v n � � r�n � s
0 0 � � � oo � �• � �-, �-r -a � �n o �n . o
7r 3 7C � C � n � t/� � �.
� -+. fD O 'S Ai p c� -r fD -�S � c�-F � O
. � � �J � O � � � � � � � �• {/�
� 2 O c'h -+ N 7r d A� � c'+ fD ca �
fD �--� � �F � a 'S S W
� � -S c�F "''
� A� �
� C) .
� fD W
� �
CJ'�
� v
'T F.-+
O
� N V �--� � O r-+ V t-+ �--' N N C/Y D I'_
Cn -P -P Ql V N W � V al CT V W .A l0 O� N V � D
c�r N O� Ol 00 l0 pJ � 01 ►-� V V 00 � Ui Ol O C1 Ol m Z
_" '
(D 01 �--� N OJ -P � �y,� (J� 00 tD O .L1 00 N N � l0 N ..n D O
l0 N CJt 00 O CT� � Ql l0 W 00 W W OJ Ql V J� W --�
0 N cJ� O W Cn Q1 � tD tD � O V O (J't 00 W O� O
��
ct
�
J•
n D
� F-+ N i--� C7
• tTl �--+ f-+ f-+ V N I � .P W V W � U'1 �--� N F-+ U'i � � ' �--�
W O O Cn 00 lp �p O l� O� O� ►-� W O N pp N V � _
O dl Ql W l0 01 ,p CJ'i Cn W ►� O N � ►--+ Ql i-+ C7� Q) Cn
m ,..
�
Y
<
�
cf► �3mc7 � �
l0 � V r--� � r-+ ►-+ N D D N C O Z
W �--+ �P -P V µ., Ul .A � W � O �l U� W �O .P i"- .� -I .'G C "'�
� CJ W W V � W tp lD W N pp O O N N O C 7C • ."�
� � r
� cn w o w � cn cn ►--� cn v rn cn cn o cn w m —mi �, � r'
� o � oo � .,,, rv v, v, � cn .r� o 0 0 o cn a� � �
v •O 01 O .P � tD N �1 q O �! O O O O O � � Z
� � C 0
� �
r y
�r cn -v � 'T1 Y �
'_' t-' m 3� `� �-' .�
m v cn o� iv o, '�-, � oo rn � oo i� w cn .� .p cn • z � C -� �
cn oo w w � o �m rv v cn cn p o .1� rv o � w �+ m cn
� Z N C
� _
� = S
n � r
• _ = 3
m
64 �►� t") n v N �
�-+ �! �--� C.71 r-+ 1� r-+ r-+ N i--� r--� y -
l� �--� V ? �I y,J O O W 01 Ul pt V W W 01 W O"O �� �''� 0 f"
O N Cn V O ap V W N V �1 �--� Q1 V O W Q1 � �--� v �
O Ol O W V'I �µr Q1 00 CIl t� Ul W Q1 lD N CJ1 W --1 �C C7 O w V1
O Cr O O O � Cn O O O� N W V N O O V �--+ Pri --� -n N ,..j
o O o O o m � o O o O cn cn v, o o cn r 3 •-+ C
i .-. mocn =
-izzo � �
� �� � �
m cn r
cn� cn �- rn
�-, o y
m w f�
v=
..Nr
"�
. �
1 Eft N � C'7
�-+ N �--� t-+ (µ,� � N � rr-� p l�
,� . . . . . . . . . . . � N N
µ.� -P Ql C71 .P OJ V 01 � 00 V -P -i '�
CJ� -P l0 Ol N � W O 01 W O� O l0 V Ql N p0 � ' rn
�
-v �vm
N N �-+ N ►-+ �jJ �--� �--+ ►� � f-+ �--� W N N � � .'Cl C-1
V l0 V �-+ t0 •�1 �' � N N 01 Ol O l0 N � O cn m 3
W v N �I N � CT7 v �--� Qp Qp p N �p pl W � A D
I C �
� m
-n r o
—i C
� m �
� oc� �
D m C M
rz � \
i c cn � �
r-� �"' r-+ �-' �j-' ►� �+ � r-+ � f-+ ►-+ r-+ � m —I Z p,�
O N N V OC� � � �
t0 N N N .1� N O t� U't O �O R'i� � �
O O O Cn O � O c.Ti O O O O O cT� O o o � 3 N
� � no
' cn z z
� H
• mz
--i �
T
�
.
• i � -���''3
, � � � - /�� �
. �
.
EXHIBIT F. ANTICIPATED DEVELOPMENT
FOR rdEW SITES
APPROX.
APPROX. N0. OF
I TYPE 0 N0. OF LOIJ/M00
SITE HSG. D V. UI�(ITS UNITS
LINCOLN SCHOOL
TOwNH USE � 15 3—�
MINNEHAHA/KENT TOWNH USE 1� 2-5
CONCORDIA/MILTON TOWNH USE 10 2-5
TROUT BROOK PH II ' TOW�H USE/MIX 100-120 50-90
. �
. � � � ,�� �
�
� = �
No. 6. Selby Avenu Area 1
This area i legal y described as: Lots 12 through 18, Block l; lots 26 through 30, �
Block 3; lo s 10 t rough 18, Block 4; and, subject to easements; lots 1 hrough 15,
Block 5, Ho, combe' Addition. Also, All Moss ' Outlots to Nolcombe's Add tion. Also, ,
lots 12 thr ugh 20, Block 3; and lots 8 through 11 , Block 6, Woodland Pa k Addition. �
Also, Al1 B' ock 78, Dayton and Irvine' s Addition. Also, lots 1,2,3 and 3 through 20.�
Cochran's S� bdivision of Block 11. Also, lots 16 through 23, Block 2, K rn's Additio�.
Also, lots , 2 a d 3, Block 10, Woodland Park Addition. �
07-36000-12001 $ 0 07-84400-02010 $ 3,142 01-84400-12103 $ 1,200 r
07-36000-13001 90 07-84400-03010 10,781 07-84400-?3103 18,580 �.
07-36000-14001 . 1, 76 07-36000-26003 1,688 0)-84400-14003 3,492 �
07-36000-15001 1, 04 0�-36000-27003 2,328 07-84400-15003 2,503
07-36000-18001 15, 74 07-36000-28003 2,677 07-84400-16003 4,414 �
0�-21700-02078 33, 34 07-36000-29303 2,677 07-84400-17003 1,120 =-
07-21700-03018 13, 37 0?-36000-30003 4,656 07-84400-1800 1,627 `
07-21�00-040)8 13, 82 07-36000-09004 7,623 07-84400-1900 5,016 �
07-21�00-05078 9, 15 01-36000-09104 9,702 07-84400-2000 1,513 ;
07-21700-05178 9, 00 07-36000-10004 13,293 07-84400-1000 27 ,288
07-21700-06078 Z0, 44 07-36000-10104 2,328 07-84400-1010 17,877
07-21700-080�8 16, 95 07-36000-10304 1,146 07-84400-1100 32,232 �,
07-18900-O1011 27, 93 07-36000-1oa04 13.066 07-84400-1110 8,562 i
01-18900-02011 51, 03 07-36000-03005 4,840 Oi-36000-:?400 �,507 �'
07-18900-03011 5, 80 07-36000-03105 13,955 07-36000-1500 3,492 �;
�07-18900-17111 38, 86 07-36000-03205 9,11� 07-36000-1600 4,656 i
07-18900-18011 11, 11 07-36000-03305 2,807 07-36000-1700 4,737 ,a'•
0?-18900-200?1 44, 37 07-36000-05105 2,688 07-36000-1800 12,717 �
07-4}500-16002 5, 81 07-36000-06105 ?,848 Total $687,425 �;
07-41500-18002 2, 52 07-36000-07205 20,780 �
07-41500-19002 5.,152 07-36000-08005 3,758 . � ` �
07-4?500-20002 1,397 07-36000-09005 1,222 Li
07-41500-21002 6 ��6 07-360Q0-10005 7,262
07-41500-22002 � 11 246 07-36000-11005 6,199 �'
07-41500-23002 2 520 07-36000-12005 6,199 �;.
07-84400-01010 640 07-36000-13005 2,627 ;
07-84400-01110 640 07-36000-14105 6,721 �
07-84400-01210 5 947 07-36000-15105 344 �-
�
No. 7. Otto-Merc r Site �"
�7
This site� is leg lly described as: Subject to avenue; lots 12 through 20, Cottage Lo�-�
Addition. ,
OS-19800-13002 S 990 05-19800-16102 � 990 05-19800-191 2 � 160 �
OS-19800-14102 990 05-19800-17102 990 05-19800-201 2 40
05-19800-?5102 990 OS-19800-18102 990 Total 5 6,140
�
No. 8. Nevada/Arj wrigh
This site' is le ally described as: Subject to easements and vacated lley accruing:
Except tt�� nort 67.49 feet of lots 17 , 18, 19; all lots 13 through 2 , Block 1, �
. • Morton' s � dditi n. Also, Subject to easements; the west 10 feet of 1 t 16, and all
lots 9 ttlrough 5 and lots 27 through 31, Block 4, Morton's Addition. Also, subject
to easement and vacated street accruing; lots 1 through 4; lots 8 thr ugh 16; and lots�
ZO throu h 31, lock 5, Morton's Addition.
01-50�00-13I01 S 58 01-50700-28001 S �40 01-50100-11 05 3 172
01-50�00-14101 58 01-50�00-11004 630 01-50700-I2 OS 516 �
01-50700-15101 172 01-50700-12004 480 01-50700-13 05 516
01-50700-16101 160 01-50700-13004 516 01-50700-14 OS 880
01-507oo-19a01 ,732 01-50700-15104 1,088 01-50700-15 OS 97a �
. /���
.
. . ► � ;
�. 11. Railroad IslandlArea ( ont. ) ; .
-81200-34001 916 01-81200-16009 5,600 01-81200-12010 3,956
.-81200-01008 ,194 01-81200-11009 5,193 01-81200-13010 1 203 ? �
-81200-01108 ,826 01-81200-18009 7,917 Total 556� ; ,
; ;.
-81200-02008 ,671 01-81200-23009 7,821
=-81200-02108 582 • 01-81200-24009 5,419 � �
-81200-04108 ,149 01-81200-25209 3,793 1 ��
-81200-05208 ! ,931 01-81200-25309 5,474
� -81200-06008 ,276 01-81200-27209 5,258 .
-81200-07008 ,121 01-81200-28009 520 �
-81200-07108 9,117 01-81200-29009 573 -
•-81200-12008 9,727 01-81200-30009 516 '
-81200-13008 5,580 . 01-81200-33009 286
-- . .,.. �, _.Q�_�r�n_�ann9 320 -•� -
��
. :, �,c- _���3
No. 8. Nevada/Arkw ight ( ont. ) �
01-50700-20201 1,4 0 01-50700-27004 516 01-50700-16005 974
01-50700-21101 1,6 0 01-50700-28004 160 01-50700-29305 9,216
01-50�00-22101 8 2 01-50700-29004 112 01-50700-30105 172
01-50700-23101 8 2 01-50700-31004 229 01-50100-31105 160
01-50700-24101 3 0 01-50100-04105 516 Total S 26,691
01-50700-25101 � 4 2 01-50700-08005 1�2
01-50�00-26101 � 4 2 01-50�00-09005 172
01-50700-27001 1 2 01-50700-10005 160 �
No. 9. Mississippi/Terrac '
This area is legal y described as: Subject to easements and vacated all y adjoining; •
lots 5 thro 'gh 9 a d lots 16 through 21, McMenemy' s Subdivision A. Also lots 3 throu h
Q 9 .
�, Brookval Addit on. Also, lots 1, 2, 3, 6, 7, 9 and 10, Brookvale 2n Addition.
Also, lots throu h 9 and lots 19 through 24, Block 1, Brookside Additi n.
01-50200-05000 1,0 0 01-50200-19000 S 1,080 01-15300-08000 $ 8p2
01-50200-p6000 1,2 3 01-50200-20000 1,203 O1-15300-09000 896
01-50200-Q7000 1,2 3 01-50200-21000 1,203 01-15310-01000 1,200
01-50200-08000 1,2 3 01-15300-03000 1,080 01-15310-02000 1,317 :
01�50200-49000 1,0 01-15300-04000 1 ,203 01-15310-03000 1,317
01-50200-16000 1,2 3 01-15300-05000 974 01-15310-07000 2,462 '
01-50200-17000 1,2 3 01-15300-06000 802 01-15310-10100 2,454 i
01-50200-18000 1 ,2 O1-15300-0�000 1,080 ;
O1-15100-05001 97 01-15100-09001 1,080 01-15?00-22001 757 �
� 01-15100-07001 97 01-15100-20001 2,400 O1-?5100-23001 �57 �
01-15100-0800? 97 01-15100-21001 745 OI-1�100-24001 �57 +
Total S 3�,869 �
No. 10. Br�dley St. Case o Whitall �
�'nis site is legall described as: Lots 4 through 13, Block 2; lots 18, 9 and 20,
Block 3; lot 3 thr ugh 9, Block 10; and lots 18 through 21 , Block 13, Ed und Rice's
First kdditi n.
01-62200-04002 1,37 01-62200-12002 � 1�2 01-62200-06010 5 160
01-62200-05002 1,20 01-62200-13002 172 01-62200-07010 172
01-62200-06002 1 ,08 01-62200-18003 172 01-62200-08010 172
01-62200-07002 17 O1-62200-19003 1�2 01-62200-09010 172
O1-b2200-08002 17 01-62200-20003 172 01-62200-18013 160
01-62200-09002 1� 01-62200-03010 172 01-62200-19013 I72
01-62200-10002 16 01-62200-04010 172 O1-62200-20013 I�?
01-62200-11002 11 01-62200-05010 172 01-62200-21013 1�?
To t a 1 S-T,'-�
:
'
; C
. �
_ R�
_ p-
� _ 43 - ' �
. , . . � �. �,��-� . ; ;
� Rirmin am Cor idor , i
ho. 13. Einz/.. 9 . -
� Tnis si�e is legal�l described 2s: lots ) t hroug h 1 2, B l o c k 2, P e e s e B o s. A d G i�i a n. ;
Also, lo ts 7� t h r ou h 1 2 , 6 1 o c k 2, S a r o e n t' s AOdition. Also, lots 1 �hr uch 9 , tnd 10;
14 �hrough 2 , Ham r' s Subdivision. Also, lots 1 throuoh 8, and lots 1 through 20, i
S�enlund's S� bdivi ion. A lso, lo ts 1 throu gh 6, and lots 18 through 24 Smith's �
SuCdivisionl f Blo k 14 . Also, lots 3 throvoh 10, and lots 13 �.throuoh 4, Block 3,
cir,�inoham' s Addit on. Also, Blocks 3, 8 and 13, Stinson' s Frances Str et Addition.
�lso, lots 1� thro oh 30, Block 4 ,� and lots 1 , 2, 7 and 8, Block 5, Ees vieN nddlt•1Ctt�
R'o. 3; those ortio s of Lots 2 �nc,�3 Block 3 and of Lots 2 and 3 Blo k 8 Auditor'�
Subdivision o. 62 hich lies west of Block 4 , Eastview Addition No. 3; lso that
vortion of E clid S reet 1 in between t e extens�on soutneriy o� tne we � �ne f
61ock 4 East iew Ad ition Ir'o. 3; tooet er wit that por�ion o� o a tna ree
to be vacat d 1 i between the soutnern ricnt-or-way �ne or onway ree� and
northern riolt-of- line o 0 u son oa riocaze �n b ocK ana �io K , .
Auditor's Su division No. 6 .
02-14400-03003 i S 757 02-24620-30104 S 157 02-32500-16 00 S 11G �
02-14400-04003 757 02-32500-01000 110 02-32500-1� 00 li0 �
02-1440G-05003 I 757 02-32500-02000 110 02-32500-18 00 12G �
02-14400-06003 7�57 02-32500-03000 120 02-32500-19 00 1?0 �
02-14400-09003 I ,154 02-32500-04000 110 OZ-32500-20 00 1'•0 �
02-14400-10003 757 02-32500-05000 110 02-5870�-07 02 22C t
02-14400-13003 I 233 02-32500-06000 110 02-58700-08 02 22J �
�02-14400-14003 233 02-32500-07000 120 02-58700-09 02 22C `
02-14400-20003 i ,513 02-32500-08000 220 02-58700-10 02 20G `
02-14400-21003 220 02-32500-09000 220 02-58700-11 02 220 k�
02-14400-22003 � 233 02-32500-14000 200 02-58�p0-12 02 22�� ;
02-14400-13002 233 OZ-32500-15000 110 02-67200-07 02 . 20C �
02-14400-24003 � 233 02-67200-08 02 220 k
_ OZ-67200-09 02 �� 220 �
�
02-67200-10002 220 02-71000-02000 110 02-71400-01 08 815 �
02-6�200-11002 � 200 02-71000-03000 110 02-71400-01 13 40G :
02-67200-12002 220 02-�1000-04000 110 Total $ 20,82� �.
02-70200-010I4 � 110 02-71000-05000 120 s
02-70200-02014 110 02-71000-Ob000 I10 t
02-70200-03014 � *
120 02-71000-07000 220 �
02-70200-04014 110 02-71000-08000 496 �
02-70200-0�014 I lI0 02-71000-14000 220 `
02-70200-06014 110 02-71000-15000 110 ��:
, 02-71000-16000 110 t`
oz-�l000-i�000 izo �
o2-�i000-is000 ilo �=
02-�0200-23014 931 02-11000-19000 110 !.
02-70200-24014 640 02-71000-20000 110 �
02-71000-01000 120 02-71400-01003 815 t<
r
�. �
�
No. 15 . Belvide e Park Site �`
� This si e is 1 gally described as: Block 52, Brown and Jackson's Ad ition. Also, al )
Block 1 , West St. Paul Rea1 Estate and Improvement Syndicate Additi n M0. 2.
06-16900-01052 S 2,000 06-81510-08011 $ 220 06-81510-1 O17 S 386
� 06-81510-01017 ' 220 06-81510-09011 220 06-81510-1 017 386
06-81510-02017 220 06-81510-10017 .496 06-815 -
06-81510-03017 ' 200 06-81510-11017 'S20 Total 10 1 011 386
, 06-81510-0401I 220 06-81510-12017 550 ��
� 06-81510-05017 � 220 06-81510-130ll 386
06-81510-0601� 220 06-8151Q-1401Z 386
06-81510-07017 � 200 06-81510-1501� 360
._ .
' -i�3
•��. ji. Union Gos el Mis ion Site
This sitelis leg lly described as: Subject to streets; lots 1 through 5, Block 2,
Whitney a d Smit 's Addition.
03-82000-05602 � $303 462
No. lE. P,uth and � rns S te
This site is Teg lly described as: Subj. to Rd; lots 2 thru 8, Block 1 Batt�e
Creek Hei ts P1 t 3. Also, lots 1 , 2 & 4, Block 1, Park Homes Additi n, Also,
That part� f lot 3, Block 1 sd plat of Park Homes exc
line (hereinafte called Line A) desc. as f oll : Comm. eat ahpointronit egWNl�nefof
sd lot 3, 10 ft S of the NW cor of sd lot 3, when meas along sd W lin ; th E at a
right angl with sd W line a �st of 130 feet; th N at a right angle with last desc
line a dis of 7 t; the N 78� 22 ' E a dist of 148.04 `eet to a point n the E line
of sd Lot dist 73.15 ft S of the NE cor of sd lot 3, when meas alon said E line
and there ermin ting (hereinafter referred to as the Cond�minium Trac ) . All in
Park Homes Additi n.
02-13?30-08221 I $ 19, 3� 02-58200-03101 � 23,438
02-58200-01001 80, 92 02-58200-04001 143,�86
02-58200-02001 48, 66 Total ����'g'
. �
,
� ` /��'�
No. 19. L, ncoln chool Site
T is sit is legally described as:
L ts 1 , , 3, 4, 5, and 6, Collins Subdivision of Lots 8 and 9 of
of Irvine' Addit 'on of Outlots to the City of St. Paul , according to the recorded
plat there f, Ram ey County, Minnesota; and Lot 7, Irvine's Addition of Outlots to
the Town o St. P ul , according to the recorded plat thereof, Ramsey Co nty,
P4i nnesota. �
PIN A.V.-86
32 29-22-21-0110 $27,880
No. 20. M nnehah /Kent Site
T is sit is legally described as:
L ts 50, 51 , 52, 53, 54, 55, 56, 57, 58 and the West 1/4 of Lo 59,
all in Blc k 3, S ith's Subdivision of Block 3, Stinson's Division of t e NW 1/4,
Sec. 36, T 29, R. 3 West.
PIN A.V.-86 PIN A.V.-86
36-29-23-2 -0003 $ ,� 36-29-23-22-0008 $ 520
36-29-23-2 -0004 1 ,44� 36-29-23-22-0009 520
36-29-23-2 -0005 1 ,320 36-29-23-22-0010 520 . �
36-29-23-2 -0006 520 36-29-23-22-0011 4,280
36-29-23-2 -0007 520 TOTAL 11 ,080
No. 21 . C ncordi /Milton Site
T is si is legally described as:
E cept s reets, the South 1/2 of the SE 1/4 of the NW 1/4 of E 1/4
of SW 1/4 f SEC. 35, TP�.29, RN.23.
PIN A.V.-86
� 3 -29-23-34-0014 $9,100
N0. 22 Tr ut Br ok Phase II
Th's sit is legally described as:
Lo s 7 t rough 18 inclusive, Block 16; Lots 3 through 16 inclu ive, Block
17; Lots 1 throu h 4 inclusive, Block 18; Lots 1 through 24 inclusive, Block 19
' including orth 1/2 of vacated alley; and Lots 1 through 17 inclusive, Block 20
including outh /2 of vacated alley; all in Gurney Highland Park.
PIN A,V.-86 PIN A.V.-86
19-29-22-2 -0033 $ 7,000 19-29-22-24-0017 � 7�
19-29-22-2 -0018 365 19-29-22-24-0010 99
19-29-22-2 -0014 1 ,053 19-29-22-24-0012 66
19-29-22-2 -0015 342 19-29-22-24-0011 569
19-29-22-2 -0016 273 TOTAL 9,838