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a. Properties must be available to meet the EDA development time frame. <br />b. Properties with one or more of the following characteristics should be <br />considered first: <br />. <br />lowest values <br />poorest visible conditions <br />located in average to better neighborhoods <br />c. Properties purchased should be equally �iistril <br />through the districts when possible, �iiel; �rov <br />properties to support program finari�;ial requi <br />Given the above considerations, each site!xvill b� ev� <br />2. Once an offering letter is received, EDA <br />the owners of the properties and arrange <br />qualification. <br />The following information will also be o.b�.���s��:€1' <br />a. Demolition informati'on for est��j� <br />b. A deternunaiia,i �� to the.;:��isten <br />_ _ _ :.... <br />_ <br />_ _ _ ..... <br />_ _ _ _ ..... <br />property. TI�tN ificludes;>:.`' <br />. <br />. <br />��vri�� <br />the � <br />��tvi <br />�he i <br />on and value <br />ancial mix of <br />� <br />�� j�pointee(s), will contact <br />��f'the interior for blight <br />credit to builder. <br />hazardous materials on the <br />�al inspectz�z�:::<:>.<::>::>::>::;:;:>: <br />�;Inent frat� il�t�:seller regarding any knowledge of the <br />i� ci�;9 us� �'or production, storage, deposit, or disposal of any <br />'��- ����zardous wastes or substances or asbestos products <br />;c��s�c�;»during the time seller owned the property and prior to <br />_ __ . <br />��� c�i" seller purchased property. Properties with <br />�nmental problems or hazards may be considered if the <br />�ase price is reduced suf�"iciently to cover increased site <br />ince and preparation costs. <br />ty meets the blight test, acquisition procedures can continue. If the <br />cannot be met, the property cannot be considered for acquisition. <br />!�;a">a'variance is required to redevelop the property, the EDA may, at its sole <br />cliscretion, choose not to acquire the property. This determination will be made <br />based on the project time lines, available resources, and availability of more <br />desirable properties which do not require a variance. <br />� <br />