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CITY OF ST.ANTHONY Northwest Quadrant Redevelopment Business Update APRIL 2002 <br /> Q. Why is it a more definite Q. Will the City use condemnation preliminary site plan, once Pratt- <br /> schedule isn't available for this to acquire properties in the Ordway has worked with the City to <br /> redevelopment? redevelopment area? develop that plan. That Open House <br /> A. Redevelopment is a complex A. The City will encourage voluntary is likely to occur late in 2002. <br /> process that requires the successful agreements with property owners. Q. How can I stay informed about <br /> completion and coordination of a If an agreement cannot be reached what is happening with the <br /> variety of issues including land use and mediation is unsuccessful, the Northwest Quadrant <br /> approvals, financing, process, and City will,as a last resort, consider Redevelopment? <br /> timing. The preliminary development condemnation to acquire properties. A. Pratt-Ordway will be in contact <br /> phase when all the issues are As a general rule,most redevelopment with businesses in the redevelopment <br /> identified will not begin until acquisitions are accomplished through area. However, you may contact <br /> sometime in April, so it is still voluntary sales. Pratt-Ordway via e-mail at: <br /> very early- Q. When should I begin to look for info@prattordway.com. The City <br /> Q. If my property is acquired, am I new locations for my business? will continue to provide updates <br /> guaranteed to receive fair market on the Northwest Quadrant <br /> A. It is always good to be aware of <br /> value for my property? redevelopment project in the <br /> options, however at this time it is still Village Notes, the City's website <br /> A. Yes. The Uniform Relocation uncertain when acquisition would v 1,ci.Notes, <br /> the City's we s, and <br /> Assistance Act guarantees that occur. It is also important to note that through periodic issues of this <br /> property owners must receive fair while businesses are free to relocate at redevelopment newsletter. For more <br /> market value for the property- That any time, those that relocate ahead of information, you may also contact the <br /> act, which dictates the acquisition the redevelopment process may lose City offices at you <br /> may <br /> also c , or for <br /> process to cities, also ensures a fair their chance to obtain relocation general updates call the Hotline f <br /> and satisfactory amount of time to assistance. Relocation assistance is 6 neral -1350. <br /> complete acquisition and relocation. funding provided under the Uniform <br /> Q. Typically, how does the purchase Relocation Assistance Act to cover <br /> �MM WN W41 <br /> o errocess work? moving costs. <br /> p April 2002 Preliminary development <br /> A. Typically, developers will make a <br /> Q. provide <br /> I have any chance to agreement <br /> input or feedback to g reement entered <br /> purchase offer to you for your Prattinpy's plan for the Late 2002 Final development <br /> property based on a professional redevelopment area? agreement entered <br /> appraisal that they have received. 2003 Acquisition,relocation, <br /> Property owners have a period of A. Yes. All businesses in the demolition <br /> time to consider the offer. redevelopment area will be invited to 2003 or 2004 Construction begins <br /> the Open House on a draft <br /> snvwv(u0y7uo-)s-u eut x <br /> 1888-68L-ZI9 <br /> 811,99 NW'6uogiutl IS <br /> peoJI a-rl 13AIIS t0££ <br /> Ivo �u <br />