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Item No. A <br /> Staff Report No. <br /> Meeting Date: December 6, 1999 <br /> Type of Business: Work session <br /> City of Mounds View Staff Report <br /> To: Honorable Mayor & City Council <br /> From: James Ericson, Planning Associate <br /> Item Title/Subject: Update Regarding Housing Replacement Properties <br /> Date of Report: December 2, 1999 <br /> Background: <br /> As the end of the year approaches, staff thought it would be beneficial to update the Council with <br /> regard to the Housing Replacement Program activities for 1999. <br /> 6991 Pleasant View Drive: <br /> This property was purchased in January of this year for $60,500. After the demolition and <br /> site preparation had been completed, and after many subsequent delays and setbacks, the <br /> City finally resold the property on November 8, 1999 to Vista Construction for $47,250. <br /> The redevelopment agreement calls for the construction of a 1,860 square-foot three <br /> bedroom, split-level walkout home with an estimated market value upon completion of <br /> $181,250. Staff spoke with the developer, who is completing two other projects at this <br /> time, who indicated that he would be pulling the building permit for this property in the <br /> next week and would work throughout the winter with a targeted completion late March, <br /> early April, depending upon the weather. <br /> 8300 Fairchild Avenue: <br /> On April 26th, the EDA approved Resolution 99-EDA-110 which approved the property <br /> for participation in the Housing Replacement Program. The property owners, the Pidels, <br /> requested Option 2 of the HRP, which provides for demolition funds of existing, blighted <br /> or substandard homes. Before the old home was to be demolished, the City granted <br /> permission for the Pidels to construct their new home behind the existing, to-be-removed <br /> home. On October 18, 1999, a certificate of occupancy was issued for the new home. The <br /> EDA on November 22 approved changes to the Construction and Removal Agreement, <br /> authorizing the expenditure of no more than $10,000 for the demolition. Upon EDA <br /> approval, the home was demolished and save for final landscaping improvements and the <br /> bituminous driveway overlay, this project has been completed. The final cost of the <br /> demolition came to $8,950. Staff would encourage the Council to drive by this home as it <br /> is quite the addition to our Community. <br />