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RAMSEY CTY MANAGER TEL:612- 266 -8039 Nov 07'95 14:25 No.005 P.03 <br />We do wish to bring your attention to the statement which deals with the <br />exclusion of the District from the Fiscal Disparities contribution. We read <br />this statement to mean that Little Canada does not plan to contribute the <br />development portion to the fiscal disparities pool. This decision would <br />result in transferring the obligation to all Ramsey County taxpayers. We <br />ask that you reconsider this position if it is feasible within the total <br />context of the Plan. <br />In Tax Increment Financing District No. 5, we note that you wish to expand <br />the boundaries for the purpose of providing more elderly housing in the <br />community. It is not clear if the current developer, Presbyterian Homes of <br />Minnesota, plans an additional development, or if the costs associated with <br />the initial development exceeded the original plans, thus, creating the need <br />to modify this District. If new development is planned, what is the City's <br />definition of "affordable" elderly housing? <br />We thank you for giving us the opportunity to comment on the City's plans <br />and look forward to hearing from you on those issues in which we are <br />requesting clarification. <br />Sincerely, <br />Judy A. Karon, Director <br />Community and Economic Development <br />JAK /py <br />cc: Commissioner Brenda Thomas <br />Rusty Fifield, Ehlers and Associates, Inc. FAX 339 -0854 <br />Page 6 <br />