[CPEO-MEF] Twin Cities Ammo Plant

[Lenny Siegel <lsiegel@cpeo.org>]

Suburb extends development pact
Contract requires no public money

BY ALLEN POWELL II
Pioneer Press (MN)
October 27, 2004

Arden Hills has agreed to extend its partnership with a group of 
developers that has dramatic plans for the largest undeveloped parcel of 
land in Ramsey County.

The Arden Hills City Council agreed Monday to extend the city's interim 
development agreement with CRR, LLC of Delaware until May. The agreement 
will serve as a benchmark for proposed changes to the 2,700-acre Twin 
Cities Army Ammunition Plant. The Army could transfer the property to 
the city in about two years.

First signed in August 2002, the interim agreement was set to expire 
next month.

Arden Hills has been negotiating the extension for months. Council 
members initially balked at some of the developers' requests, such as a 
requirement that the city be obligated to provide public assistance if 
there was a funding shortfall once construction started.

That assistance could have come in the form of tax abatement public 
grants or tax increment financing, said Michelle Wolfe, the Arden Hills 
city administrator.

…

for the entire article, see
http://www.twincities.com/mld/twincities/news/local/10022862.htm?1c

--
Lenny Siegel
Director, Center for Public Environmental Oversight
c/o PSC, 278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
http://www.cpeo.org


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