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City of Mounds View Staff Report <br /> December 3, 1999 <br /> Page 2 <br /> 2225 Hillview Road: <br /> On May 24, 1999, the EDA approved the participation of this property in the Housing <br /> Replacement Program, directing staff to acquire the property utilizing as a first priority <br /> CDBG funds from Ramsey County in cooperation with Habitat for Humanity. Habitat has <br /> verbally committed $25,000 in funding toward the purchase of the lot from the City, <br /> which would guarantee the City access to additional CDBG funds. The City and the <br /> property owner--Ms. Jean Johnson--agreed on a purchase price of$64,800 (the 1999 <br /> assessed value) with the closing to occur later this month upon certification of a <br /> marketable title. Staff is in close contact with Habitat for Humanity and the County and <br /> expects the lot to be turned over to Habitat early in 2000 with construction to begin soon <br /> thereafter. Staff will bring before the EDA a redevelopment agreement once the details of <br /> the proposed home are further clarified. <br /> After the purchase of 2225 Hillview Road, staff anticipates there could be as much as $40,000 <br /> remaining from the $75,000 CDBG(Community Development Block Grant) grant awarded the <br /> City for its 1999 Replacement Housing Pilot Program which the City could further utilize for <br /> another purchase partnership with either Habitat for Humanity or by working with other agencies <br /> that would assist low to moderate income families or first time home buyers. Staff will continue <br /> to solicit interest in this program as well as the City's Housing Replacement Program. At present, <br /> however, there are no other pending HRP projects and staff has not received any inquiries or <br /> notifications of interest concerning suitable properties. <br /> In closing, staff would also like to discuss with the Council some ideas regarding housing <br /> development and redevelopment within the City and would suggest that this topic be put on the <br /> January 2000 Work session agenda for further discussion. In addition, Ramsey County would like <br /> feedback from the Council as to what it (the Council) would consider to be a funding priority <br /> relating to Mounds View in the coming year. This information will better help the County <br /> determine how it will rank and order the numerous CDBG grant requests it receives. <br /> James Ericson, Planning Associate <br /> N:\DATA\USERS\JIME\SHARE\HOUSING.RPT <br />