Strib, online, Sat. 14 Mar, Jim Adams reports:
Ramsey officials are close to a settlement that could reopen the bankrupt Ramsey Town Center to development.
The City Council discussed the matter in closed session last week and had hoped to announce an agreement with Minnwest Bank Central, holder of the property mortgage. But some last-minute issues came up, said City Administrator Kurt Ulrich.
"We hope to clear up the issues by Tuesday," when a special council meeting has been scheduled, Ulrich said. "We are trying to resolve the matter and reach a global settlement to address the pending lawsuits."
Asked if the settlement meant the city would buy the undeveloped part of Town Center, Ulrich said he couldn't comment. He said remaining issues dealt with finances and the legal process of executing the settlement.
"There are complicated issues," he said. "We are approaching it cautiously to make sure all details in the agreement are worked out before the council considers taking action. ... It is a high priority for the city to get this wrapped up."
Russ Bushman, Minnwest's chief credit officer, said he had no comment. But Minnwest postponed for a week a sheriff's foreclosure sale of the site; the sale is now set for Friday.
Met Council "favors" done for Ramsey: All details "worked out." Who do you expect will be presumed wanting to pay how much, for "worked out" details? The Metropolitan Council has been manipulating this entire livable transit-oriented exercise into deep and pungent failure, and guinea pigs should be fed if used for experiments; unless you're a Mengele, experimenting. The Met Council has had its share of experimenting in Ramsey, as well as more than a share of facilitation from the judgment and greed dimensions of city politics.
Now this.
We - Ramsey, Met Council's guinea pig - await with anticipation. Not hope, perhaps (but unlikely) there will be cause for hope, but anticipation, there's plenty of that, the screenshots are from here and here (click an image to enlarge and read - on the one with pictures, the text changes, the images endure):
You run the experiments, Peter Bell, et al., hyphenated names, et al., then that means you feed the poor critter - so please don't ask the people of Ramsey to pay the feed bill. You falsify up front about shops and restaurants and do nothing really beyond a Coborn's store and a dense housing cramdown, you "help" the "city" attain a parking ramp in the middle of nowhere, that stuff, bless you all.