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DRAFT which will serve a range of incomes and types of housing is anticipated. However, the costs associated with this intersection and its potential positive tax base impact on the County exceed the capacity of this community to undertake the project in its entirety without other public and private partners. Recently, the community of Little Canada sought assistance from the County to complement their capacity with respect to their Gateway site on Rice St. and Little Canada Road. This site involved all of the general aspects of redevelopment costs . Existing CDBG /HOME and Housing Endowment Resources were not appropriate for the crucial immediate needs of acquisition because of the planned reuse of the site. An HRA levy resource could have met this need. Several communities throughout Ramsey County have expressed an interest in resources for both commercial and housing rehabilitation which go beyond the capacity of the CDBG and HOME programs. Once again the high cost of redevelopment serves as a barrier to communities in fully addressing these challenges. Many of these properties, if upgraded, would have a postive impact on the tax base within the County. The Village of St. Anthony contemplates a major undertaking of the Apache Plaza area. The plan which has had significant community input, includes a mix of housing types and incomes and commercial redevelopment. This community is seeking assistance from a number of public and private resources in order to accomplish this task. There are a number of ways in which an HRA levy resource could ultimately participate in this undertaking which could have an impact beyond this particular community. If the Board should choose to levy, a suburban -wide planning process should be a key element in assuring that all communities would have input into the priority setting process for use of such funds. The timing of community needs with respect to cash flow of projects should be a part of this planning process in order to establish a feasible pipeline. HOW MUCH CAN BE LEVIED Attachment B prepared by the Department of Records and Revenue indicates the potential levy opportunity at four different levels: $ 600,000; $ 1.0 million; $ 1.5 million, and $ 2.3 million which represents the maximum possible. The affect on various levels of property are shown in this attachment. Such a levy would appear on the Special Taxing District heading on the tax statement and Truth in Taxation Notice. It is the staffs recommendation that we consider the costs of establishing a program as well as the general two percent possibility of uncollectible revenue be taken into account when estimating dollars available for projects. We anticipate the first year costs to be approximately $ 75,000 which would provide for the assigned staff costs as well as the