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Item No. 59 Meeting Date: 5-26-98 Staff Report No. Type of Business: EDAB WK: Work Session;PH:Public Hearing; CA:Consent Agenda;EDAB:EDA Business Mounds View Economic Development Authority Staff Re ort To: Mounds View Economic Development Authority From: Steve Dorgan,Housing Inspector Item Title/Subject: MVHRP -Proposal for Appraisal of 7761 Eastwood Road Date of Report: May 21, 1998 SUMMARY Staff has recently received a letter from Stuart Trelstad(Exhibit A), owner of 7761 Eastwood Road, offering his property for sale to the Economic Development Authority for the Housing Replacement Program (HRP). The property is located just north of Highway 10 on the east side of Eastwood Road (see location map Exhibit B). The proposed property is currently occupied by the owner. Staff has completed an inspection of the proposed property to verify the eligibility as outlined in the HRP policy. Item G of the HRP policy states: G. Property Eligibility Criteria Program Staff shall evaluate each property for which an application is received to determine its eligibility for the Program based on the criteria in this section.Program Staff shall prepare property fact sheets for each property for which owners have expressed an interest in participating in the Program, and shall make a drive by inspection. Properties will be evaluated based on the following criteria outlined below. To be eligible for participation, the house on the property must have one of the characteristics noted in 1, 2, 3 or 4 below. *1. Substandard as to condition,property value, size or usage. *2. Obsolete and having a faulty design for block and area in which it is located. *3. Deterioration which has caused blight to other adjoining properties. 4. Detrimental to the safety or health of abutting properties in the block. If it is determined that the property is eligible for participation based on the condition of the house, it must also meet the following criteria as outlined in 5-8 below. *5. A geographic mix of properties is achieved. *6. The site can be developed with a single family home within city code requirements,including zoning and conformance with the Comprehensive Plan. The property may be considered if a variance can be obtained(see Section I,Item 2.). *7. The property must be owner-occupied or vacant before the owner makes application to the Program. Non-homesteaded vacant property will be considered for acquisition. Tenant-occupied properties will be considered by the EDA on a case-by-case basis. 8. Prior to approval by the EDA for participation in the Program,properties over