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<br /> <br />Item No: 4 <br />Meeting Date: November 4, 2002 <br />Type of Business: Worksession <br />City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: James Ericson, Community Development Director <br />Item Title/Subject: Discuss Options for the City-Owned Rental Property <br />at 3016 County Road H2 <br />Date of Report: October 30, 2002 <br /> <br />Background: <br /> <br />The City purchased this property in June of 2001 with the intent on utilizing the property <br />in coordination with a larger residential redevelopment. Because no plans had been <br />considered at that point, rather than demolish the building we opted to lease the property <br />as a means to recover some of our initial investment. <br /> <br />Discussion: <br /> <br />As the Council is aware, we have had some problems with late payment of rent and <br />utilities, and the City has also incurred repair bills that are now approaching $1,000. <br />Currently the tenant at the property is $1,059 past due for rent. <br /> <br />On October 21, 2002, we received a phone call from the tenant who indicated that she <br />would be vacating the premises at the end of November. The tenant was asked to <br />formally put her intent to vacate in writing so we had documentation of her intent. As of <br />today, we have not received any documentation to this effect. <br /> <br />Assuming the tenant does in fact move at the end of November, Staff would like some <br />direction from the Council regarding what to do thereafter. The general options include <br />demolition, let the house sit vacant, sell the home and lot as is, or sell the home on a <br />subdivided lot. I am including a report provided to the EDA on May 28th regarding this <br />parcel. <br /> <br />Recommendation: <br /> <br />Provide direction to staff regarding the property at 3016 County Road H2. <br /> <br /> <br /> <br />_____________________________________ <br />James Ericson <br /> <br />Attachment: <br />1. May 28, 2002 Report <br />2. Location Map