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11-22-1999 EDA
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11-22-1999 EDA
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Last modified
1/29/2025 9:16:33 AM
Creation date
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
11/22/1999
Commission Doc Number â(Ord & Res)â
0
Supplemental fields
Date
11/22/1999
EDA Document Type
Council Packets
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Item No. <br /> Meeting Date: 11-22-99 <br /> Staff Report No. <br /> Type of Business: EDAB <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: Mounds View Economic Development Authority <br /> From: James Ericson, Planner <br /> Item Title/Subject: Housing Replacement Program â 8300 Fairchild Avenue <br /> Date of Report: November 18, 1999 <br /> SUMMARY <br /> ON April 26th, 1999, the EDA approved Resolution 99-EDA-110 approving the property located at <br /> 8300 Fairchild Avenue for participation in the Housing Replacement Program. The property owners <br /> requested Option 2 of the HRP, which provides demolition funds for the existing home. As part of <br /> the proposal, the property owner has constructed the new home and demolition for the old home has <br /> been scheduled. <br /> The original resolution(attached for your reference) set a maximum funding for demolition of <br /> $15,000. The low bid, which was accepted, was in the amount of $8,950. <br /> ACTION TO BE CONSIDERED <br /> It was agreed upon that the homeowners would coordinate and administrate the demolition activities <br /> by seeking bids from demolition contractors and selecting the low bidder to accomplish the <br /> demolition and disposal. This however is not explicitly stated in the attached original agreement and <br /> as such, the City Attorney has advised staff that the agreement entered into by and between the City <br /> and the property owners on June 30, 1999, be amended to reflect such clarification. <br /> Staff has drafted EDA Resolution 99-EDA-119 which approves the attached First Amended and <br /> Restated Construction and Removal Agreement. The maximum demolition reimbursement has been <br /> lowered to $10,000 to reflect the low bid estimate plus a 10 percent contingency buffer. <br /> RECOMMENDATION <br /> Approve resolution 99-EDA-119 approving the First Amended and Restated Construction and <br /> Removal Agreement for the demolition of the home at 8300 Fairchild Avenue. <br /> James Ericson, Planner <br /> N:\DATA\...Mousing Propgrams\Housing Replacement Program\HRP Properties\Fairchild Avenue 8300\Reports\November 22 1999.EDA.doc <br />
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