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a. Properties must be available to meet the EDA development time frame. <br /> b. Properties with one or more of the following characteristics should be • <br /> considered first: <br /> • lowest values <br /> • poorest visible conditions <br /> • located in average to better neighborhoods <br /> c. Properties purchased should be equallyi,flistributdft.:Allgition and value <br /> through the districts when possible, a trovide financial mix of . <br /> properties to support program finandare uiremens > ':-; <br /> Given the above considerations, each site' v;kll be evaluated on a e '�� as It asis. <br /> 2. Once an offering letter is received, EDA sir:**appointee(s), will contact <br /> the owners of the properties and arrange:a inns €o f the interior for blight <br /> qualification. <br /> The following information will also be 91#410414:040:';''.. g the ins c to n: <br /> a. Demolition information for es is :g demon on credit to builder. <br /> b. A determinations to thexistence e any hazardous materials on the <br /> property. This' ncludes '' ' • <br /> • Visual <br /> production, <br /> ' <br /> ;;:: a €sual ins c r <br /> � .> � 'satem nt fr��n�> < <br /> �� ellar <br /> regarding anYknowledge <br /> of the <br /> ies use forroductio storage, deposit, or disposal <br /> of <br /> <xi h stances or asbestosroductsrdous wastes or sub an <br /> what» #1r :d rin the time seller owned the propertyand prior to <br /> ;. the date-of sell <br /> er purchasedPr PertY• Properties <br /> with <br /> >5envir rintal problemss or hazards may <br /> be <br /> considered if the <br /> `t hase <br /> price is reduced sufficiently to cover increased site <br /> ` >=::clearance and preparation costs. <br /> 3. If a prop rty meets the blight test, acquisition procedures can continue. If the <br /> blighttst cannot be met, the property cannot be considered for acquisition. <br /> 14::::41,,:q111,11 >a variance is required to redevelopthe ro' a the EDA may at its sole <br /> q P P rtY, Y, <br /> choose not to ac acquire theproperty. This determination will be made <br /> .'"%.111.1.:.:1.0-""'discretion, q <br /> based on the project time lines, available resources, and availability of more <br /> desirable properties which do not require a variance. <br /> 3 • <br />