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Item No. <br /> Meeting Date: 4-5-99 <br /> Staff Report No. <br /> Type of Business: WK <br /> WK.•Work Session;PH:Public Hearing; <br /> CA:Consent Agenda;EDAB:EDA Business <br /> Mounds View Economic Development Authority <br /> Staff Report <br /> To: Honorable Mayor, City Council Members <br /> From: Steve Dorgan, Housing Inspector <br /> Item Title/Subject: 2091 Hillview Dr. —Proposed Redevelopment <br /> Date of Report: March 31, 1999 <br /> SUMMARY <br /> At the City Council Workshop meeting on March 1, 1999 the council reviewed a redevelopment proposal <br /> from Reentry Services for the abandoned and condemned four-plex property located at 2091 Hillview <br /> Road. The council directed staff to address the following questions related to the redevelopment <br /> proposal: <br /> 1) Is assistance funding available through Ramsey County or the State ofMinnesota to offset the loss <br /> of property taxes to the city for promoting development of nonprofit agencies within the city? <br /> Staff has contacted representatives at both the State and County to verify whether funding assistance <br /> is available to offset tax loss from a nonprofit agency development. According to both the County <br /> and the State,no direct funds are available for this purpose. <br /> 2) What is the annual property tax loss to the city if a nonprofit agency were to own the subject site? <br /> See the attached projected property tax table for the subject site. <br /> 3) Would Ramsey County be able to purchase the property from HUD and resell it to Reentry Services <br /> or another nonprofit agency without the city's consent? <br /> Ramsey County would be able to purchase any property within the city and resell it to a nonprofit <br /> without the city's consent, unless approval or review by the city council was required by City Code. <br /> The County deferred buying the property from HUD for resale to Reentry Services for the purpose of <br /> having a review at the local level. Reentry Services may also purchase the subject site directly from <br /> HUD at an auction and operate as a nonprofit without the city's consent as long as no review is <br /> required by the city council. <br /> 4) What are the public hearing requirements for the EDA to purchase and resell the subject site for <br /> redevelopment purposes? <br /> According to Minnesota State Statute—A public hearing shall be held for the sale of property by the <br /> Economic Development Authority. <br /> 5) What is the cost to pay for the abatement? <br /> Staff has not obtained bids for the abatement of code violations for the building. However, <br />