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d. Consent to the release of relevant information to potential developers and • <br /> end buyers. <br /> 3. Owners who have expressed an interest in selling must be contacted to inform <br /> them of the estimated project time line and solicit the required written response. <br /> Property Selection Criteria <br /> EDA staff, or their appointee(s), will prepare property fact sheets for properties which <br /> owners have expressed an interest in selling, and make a drive by inspection. Properties <br /> will be evaluated based on the following criteria. To be eligible for acquisition, properties <br /> must meet criteria#la, b, c or d; and #2 through#5. <br /> 1. The property is: <br /> a. Substandard as to condition, size or usage. <br /> b. Obsolete and of a faulty design for block and area in which it is located. <br /> c. A deteriorating factor which has caused blight to other adjoining <br /> properties. <br /> d. Detrimental to the safety or health of abutting properties in the block. <br /> 2. An effort will be made to provide a geographic mix of properties. • <br /> 3. The site can be developed with a single family home within city code requirements, <br /> including zoning and conformance with the Comprehensive Plan. <br /> 4. The property must be owner-occupied or vacant before the owner should consider <br /> offering it to the EDA. Tenant occupied properties will not be considered for <br /> purchase. <br /> 5. Prior to acquisition by the EDA, properties over 50 years old must be evaluated <br /> for historical significance. This will be accomplished by forwarding general <br /> property information and a property photo to the Minnesota Historical Society for <br /> review. This should be confirmed prior to signing a purchase agreement. The <br /> EDA will not purchase property which qualifies for the National Registry of <br /> Historical Structures. <br /> Property Evaluation Procedures <br /> 1. Based on the above information, EDA staff, or their appointee(s), will identify the <br /> best candidates for acquisition. The following will be considered in that <br /> evaluation: <br /> 2 <br />