10-10-2007 Council Agenda - Laserfiche WebLink

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Condition of Buildings Test — 66.67 percent of the buildings — 4 of the 6 buildings were found to be "structurally substandard" when considering code deficiencies and other deficiencies of sufficient total significance to justify substantial renovation or clearance (see definition of "structurally substandard" as follows). This exceeds the Condition of Buildings Test whereby 20% of buildings, not including outbuildings, must be found "structurally substandard." Existing Conditions Test — 33.33 percent of the buildings — 2 of the 6 buildings - were found to have "existing conditions" requiring substantial renovation or clearance to correct (see definition of "existing conditions" as follows). This exceeds the Existing Conditions Test whereby 20% of buildings must be found "structurally substandard" (see above) and 30% of the other buildings must be found to have "existing conditions." 5.0 Qualification Requirements The properties were surveyed and evaluated to ascertain whether the qualification tests for tax increment eligibility for a renewal and renovation district, required under the following Minnesota Statutes, could be met. Minnesota Statute Section 469.174, Subdivision 10a, clause (a) (1) requires three tests for occupied parcels: 1. Coverage Test — "parcels consisting of 70 percent of the area of the district are occupied by buildings, streets, utilities, paved or gravel parking lots or similar structures ..." Note: The coverage required by the parcel to be considered occupied is defined under Minnesota Statute Section 469.174, Subdivision 10, clause (e) which states: "For purposes of this subdivision, a parcel is not occupied by buildings, streets, utilities, paved or gravel parking lots or other similar structures unless 15% of the area of the parcel contains buildings, streets, utilities, paved or gravel parking lots or other similar structures." 2. Condition of Buildings Test — "20 percent of the buildings are structurally substandard;" The term `structurally substandard', as used in the preceding paragraph, is defined by a two -step test: Conditions Test: Under the tax increment law, specifically, Minnesota Statutes, Section 469.174, Subdivision 10, clause (b), a building is structurally substandard if it contains "defects in structural elements or a combination of deficiencies in essential utilities and facilities, light and ventilation, fire protection including adequate egress, layout and condition of interior partitions, or similar factors, which defects or deficiencies are of sufficient total significance to justify substantial renovation or clearance." Executive Summary ALITTC0801.00 City of Little Canada Page 2 .54-