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HRP History <br />Created by HS <br />Page 1 of 2 <br /> <br />Mounds View Economic Development Authority (EDA) <br />Housing Replacement Program History <br /> <br />Date Request Type Action Resolution (s) <br />May 1996 n/a Housing Replacement Program established 96-EDA-46 <br />June 1996 to <br />July 1998 <br />Acquisition 8265 Spring Lake Road <br />● EDA acquired property for cost? <br />● EDA authorized demolition for $6,300 <br />● EDA sold property for $28,000 <br />96-EDA-49 (acquire) <br />96-EDA-52 (demo) <br />97-EDA-73 <br />97-EDA-75 (sold) <br />97-EDA-77 <br />98-EDA-88 <br />98-EDA-94 (extension) <br />1997 ? 8283 Long Lake Road 97-EDA-59 (no res) <br />1998 or 1999? ? 7861 Groveland Road <br />May 1997 n/a Program amended to further clarify demolition funding option 97-EDA-66 <br />February 1998 n/a Program amended to require property value review and to allow tenant <br />occupied properties on a case-by-case basis and to allow a <br />builder/developer to purchase the property without a buyer <br />98-EDA-83 <br />February 1998 Acquisition 7934 Woodlawn Drive <br />EDA authorized appraisal not to exceed $600 <br />98-EDA-84 <br />April 1998 to <br />Sept. 1999 <br />Acquisition 6991 Pleasant View Drive <br />● EDA authorized appraisal not to exceed $400 <br />● EDA acquired property for $60,500 <br />● Demolition cost? <br />● EDA sold property for $47,250 <br />98-EDA-87 (appraisal) <br />98-EDA-93 (acquire) <br />98-EDA-99 (acquire) <br />99-EDA-116 (acquire) <br />99-EDA-118 (revision) <br /> <br />May 1998 Acquisition 7761 Eastwood Road <br />Denied <br />98-EDA-91 <br />Feb. 1999 n/a Applied for CDBG & Met Council CRF grant to continue to fund program 99-EDA-104 <br />99-EDA-105 <br />April-Nov. <br />1999 <br />Demolition 8300 Fairchild Avenue <br />EDA authorized demolition not to exceed $10,000) <br />99-EDA-110 (demo) <br />99-EDA-119 (revised <br />demo) <br />June 1999 n/a Program amended to include guidelines for drafting a Development <br />Agreement for the sale of the property, adding a requirement for <br />submittal of financial guarantee by the developer to the EDA which is <br />100% of the min. improvement value and adding a requirement to allow <br />the EDA to posses the property and improvements if the developer fails <br />to fulfill his obligations <br />99-EDA-115