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Item Number: 7A <br />Meeting Date: April 27, 2009 <br />Type of Business: EDA <br />Administrator Review: _____ <br /> <br /> City of Mounds View Staff Report <br /> <br />To: Economic Development Authority (EDA) <br />From: Heidi Steinmetz, Economic Development Specialist <br />Item Title/Subject: Consider a request from the homeowner of 2949 Hwy 10 for the <br />EDA to acquire the property for redevelopment purposes <br /> <br />Background <br /> <br />Mark Schnor, the property owner of a single-family house located at 2949 Hwy 10 (shown <br />below), submitted the attached letter to City staff on April 9, 2009. He is requesting that <br />the EDA consider purchasing his .26-acre property for redevelopment purposes. Todd <br />Lewandowski of Eagle Realty is the listing agent for the property. The listing price is <br />$129,000. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Hotel Addition <br />Banquet <br />Center <br />Addition <br /> Hwy 10 <br /> 2949 <br /> Hwy 10 <br />Spring <br />Lake <br />Rd