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City of Mounds View May 12, 1997 • <br /> Housing Replacement Program Page 9 <br /> granted, demolition funds shall not be awarded. <br /> 3. Comprehensive Plan/Zoning: The Comprehensive Plan designation and the zoning on the <br /> property must allow for its redevelopment by construction of a replacement single family <br /> residence. <br /> 4. Development Agreement: The interested participant must enter into a Development <br /> Agreement with the EDA which will stipulate housing design and site development criteria <br /> and time frame for completion. The development agreement will include estimate of new <br /> taxes generated based on the construction of replacement cost. <br /> 5. Demolition Contract: The interested participant must obtain three estimates for <br /> demolition which will assist in determining the amount of demolition funds to award for <br /> the project. The chosen demolition contractor must be able to meet project deadlines as <br /> outline by Program Staff. The demolition contractor will be required to obtain all <br /> necessary City permits and pay applicable fees. Overall demolition supervision will be <br /> provided by a designated Program Staff in conjunction with the interested participant. <br /> o - • , • I ••i ' • Bei ' i . • 1 i • - o . • • "iii o . .- '. • <br /> •• - • . . . •. • •• •- . '. . • • <br /> '. . (Moved to G.7) <br /> b. Tenant ok.cupied property cannot be acquired. (See G.7.) <br /> • • <br /> . . • . • . . . . , . - , . . . • •. . • II . . <br /> . . <br /> ' ..- • - - . • - • I - • ••- •. <br /> • <br /> • <br /> • <br /> O. -.• - •• • h• • • • - • • •- •• . - -:.• • • . - • • - . - •. • <br /> price. (Moved to I.3) <br /> . :• . -• . - .• . - • •. • •- • •• • • • •. . , • .- . - . - . <br /> .. . • . v. . . - . P . (Moved to I.3) <br /> f. Number of acquisitions is determined by availablt resoui ces (fui,ding and staff). (See <br /> F.1.) <br /> N:\DATA\USERSUENNIFER\S HARE\M VHRP\HRPB.W PD <br /> 10 <br /> 9 <br />