2007.04.16 EDA Packet - Laserfiche WebLink

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a I� - ssWhl e� s ■ Osseo redevelops to keep residential neighborhoods vital. sefirst city hall was built in 1 If business property deteriorates, so do the values of the homes next- able to to 1902,but by 1967 was no longer door. Redeveloping business properties that are aging, substandard abmeet the community's needs. and market-obsolete will help keep residential neighborhoods vital. ■ Osseo redevelops to maintain the essential small-town character of our community. As mature suburbs age,they can lose the essential character that makes them attractive to residents. Redevelopment and the resulting reinvestment in the community help encourage residents to reinvest in their homes and maintain a thriving downtown. City-guided redevelopment also helps to ensure that any redevelopment that occurs is strategic and retains the character of the community. Osseo built a new city ball at 415 Central Avenue in 1%7 and ■ Osseo redevelops to compete with completed renovations in 2001 that included a community center developingand meeting space. suburbs to retain and attract residents. Just as businesses compete for customers, cities compete for resi- dents. If mature suburbs cannot offer residents an attractive array of housing choices, residents look elsewhere. By redeveloping, Osseo ensures the vitality of its neighborhoods which retains and attracts residents. Osseo offers a unique opportunity for residents who wish to live in close proximity to a major urban center,yet still reside in a community with a small-town feel. ■ Osseo redevelops to take advantage BEFORE—This aging lumberyard building at 50 Central Avenue of area growth. was removed in 1992 Osseo is located in one of the fastest growing areas of the metropolitan region,with more than 150,000 residents in a five-mile radius. " This dynamic provides stimulus to our business community and our -- local schools. The results include a positive impact on property values and an opportunity to "showcase" the City's small-town character to a larger audience. a r J ■ Osseo redevelops to maintain a strong tax base. By providing new housing options and new commercial and retail opportunities for residents, the community can maintain a strong tax base.A strong tax base ensures that Osseo can continue to provide the lumberyard yard to meet the medical needs oour comm munity.y. AFTER— 1992,the North Medical Clinic was built the site of residents with the types and levels of City services they want without J increasing taxes.