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Mounds View EDA July 12, 2010 <br />Regular Meeting Page 4 <br /> <br />demolished, which meant the site would not need an appraisal. Vice President Stigney explained 127 <br />the housing replacement funds were limited and felt demolishing the site would spread the funds 128 <br />further throughout the City. 129 <br /> 130 <br />Kevin Halverson, 2400 County Road H2, stated the home could be removed by Able & Simple 131 <br />Moving, instead of being demolished, which would further reduce the expense to the City. 132 <br /> 133 <br />President Flaherty suggested the applicant explore other options, as he was not in favor of the 134 <br />purchase. 135 <br /> 136 <br />MOTION/SECOND: Mueller/Stigney. To Deny Resolution 10-EDA-260, Authorizing the 137 <br />Expenditure of Tax Increment Financing Funds for the Appraisal of 7968 Edgewood Drive (for 138 <br />Consideration of Purchase Under the EDA’s Housing Replacement Program). 139 <br /> 140 <br />Commissioner Mueller indicated the property would be appraised if the site were sold through a 141 <br />Realtor. She explained it was a tough economical time and then thanked staff for the information 142 <br />provided this evening. 143 <br /> 144 <br /> Ayes – 3 Nays – 2 (Gunn & Hull) Motion carried. 145 <br /> 146 <br />8. REPORTS 147 <br /> 148 <br />None. 149 <br /> 150 <br />9. NEXT EDA MEETING: Monday, July 26, 2010, at 6:30 p.m. 151 <br /> 152 <br />10. ADJOURNMENT 153 <br /> 154 <br />President Flaherty adjourned the meeting at 7:02 p.m. 155 <br /> 156 <br />Respectfully submitted, 157 <br /> 158 <br /> 159 <br />Recorded and transcribed by: 160 <br />Carla Wirth 161 <br />TimeSaver Off Site Secretarial, Inc. 162