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<br /> <br /> <br />Item No: 06.A <br />Meeting Date: May 23, 2022 <br />Type of Business: EDA BUSINESS <br />Administrator Review: ____ <br />City of Mounds View Staff Report <br />To: Economic Development Authority <br />From: Brian Beeman, Assistant City Administrator <br />Item Title/Subject: Resolution 22-EDA-358, Approving the Costs of Asbestos & <br />Hazardous Materials Removal <br /> <br /> <br />Background and Discussion: <br />The EDA recently purchased a residential property located at 8271 Long Lake Road. The <br />EDA is demolishing the existing house via an intentional burn in order to make room for a <br />larger redevelopment. Before the building can be burned, the EDA is required to hire a <br />licensed asbestos & hazardous materials contactor to remove the harmful contents. <br /> <br />To that end, Sheltertech has submitted a quote in the amount of $7,970. Since the total <br />amount of the quote is over the $5,000 threshold, the EDA must approve these costs before <br />the asbestos and hazardous materials can be removed. <br /> <br />Strategic Plan Strategy/Goal <br />Maintain a positive business climate where businesses want to locate and remain in Mounds <br />View. Finance top redevelopment areas Industrial/Commercial/Residential. <br /> <br />Financial Impact <br />Asbestos removal $7280. Hazardous Materials removal $690. Total $7,970. <br /> <br />Recommendation <br />Staff recommends approval of the above purchase. <br /> <br />Respectfully submitted, <br /> <br /> ___________________________ <br />Brian Beeman, Assistant City Administrator <br /> <br /> <br />Attachment(s): <br />1. 22-EDA-358, A Resolution Approving the Costs of Asbestos & Hazardous Material <br />Removal <br />2. Sheltertech quote <br /> <br /> <br /> <br /> <br /> <br />