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Item No. <br /> Meeting Date: 4-26-99 <br /> Staff Report No. <br /> Type of Business: EDBA <br /> WK:Work Session;PH:Public Hearing; <br /> CA:Consent Agenda;EDBA:EDA Business <br /> Mounds View Economic Development Authority <br /> Staff Report <br /> To: Mounds View Economic Development Authority <br /> From: Steve Dorgan, Housing Inspector <br /> Item Title/Subject: Acquisition/Redevelopment— 2091 Hillview Road <br /> Date of Report: April 21, 1999 <br /> SUMMARY <br /> At the city council workshop meeting on April 5, the council directed staff to draft a resolution <br /> approving the acquisition of the property located at 2091 Hillview Road for redevelopment <br /> purposes. The direction from the council was to facilitate the redevelopment/rehabilitation by the <br /> property to a market rate developer/owner to ensure continued contribution of property taxes. <br /> ACTION TO BE CONSIDERED <br /> Approve resolution 99-EDA-111 authorizing the expenditure of TIF funds for the acquisition of the <br /> building at 2091 Hillview Road to facilitate redevelopment/rehabilitation of the subject site. <br /> --11001 <br /> Steve Dorgan, ` ' _ •g Inspector <br /> 612/717-4023 <br /> email steved@rcmnet.org <br /> Attachments: 1) Resolution 99-EDA-111 <br />