Consider Scope of Special Services District for The COR at Ramsey

The Development Management Team has been working for some time on a scope of services that would be provided for the maintenance and operations via a Special Services District (SSD) for Ramsey's downtown development, The COR.  As the HRA will recall, the former Master Developer for this development project had established a master association for this area. It has been the general direction of the HRA to proceed with establishing a SSD and minimize or abandon the master associate that was established by the master developer.  The HRA is a majority voting member of the master association, Jim Deal (PSD LLC) also has membership in the association commensurate with his land holdings within the association boundaries. 

 

The Development Management Team is prepare to review the draft scope of services and draft budget for the new SSD with the HRA in their role and landowner.  With feedback from the HRA on the 18th, staff would finalize documents and present the ordinance establishing the SSD, scop and budget at an upcoming City Council meeting for consideration. 

 

Attached to this case are the draft scope, budget, boundaries and the state statute that guides the creation and administration of the SSD. 

No notifcation is required for this discussion.  When the SSD is presented to the City Council, notice may be required.  Staff will comply with state law regarding that notification requirement. 

Staff recommends that the HRA review the SSD scope, budget and boundaries from the perspective of landowner subject to the SSD and provide feedback to the DM Team.

Legal work to establish the SSD will be funded by the HRA budget for legal.  A portion of which may be reimbursed by the year one budget for the SSD. 

HRA Action:  Provide direction to staff regarding the SSD scope, budget and boundary.