Agenda Packets - 1989/11/20 - Laserfiche WebLink

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Y MAYOR AND CITY COUNCIL r OCTOBER 2, 1989 PAGE TWO the earth" or non -selective clearance. This type of clearance is usually speculative in nature in that the property is acquired and buildings cleared without having a project waiting to begin construction. Currently, no state or federal funds are available for this type of clearance nor can TIF monies be used for it. Any city in Minnesota wishing to perform this type of clearance at this time must do so with purely local funds. Once a city has decided they wish to undertake redevelopment in their community, they must not only decide what type, but also the level of government involvement. Government involvement in redevelopment can be indirect or direct. Indirect involvement can take the form of identifying properties or areas eligible for redevelopment assistance from public or private agencies, usually limited to single family housing or prime for private redevelopment and market programs or property in the hope of spurring redevelopment. Direct involvement in redevelopment can take various forms including acquisition and clearance, aggressive housing code enforcement, direct marketing of loans and grants to eligible property owners, acquisiton, rehabilitation, and resale of properties, or funding of the effort using CDBG or TIF funds. Finally, a City designed to undertake redevelopment must also determine whether they wish to limit their efforts to residential (single or multi family), commercial, or industrial properties and focus on areas or neighborhoods or the entire city. Now that Mounds View is nearly 100% developed, the issue of redevelopment moves to the forefront. Prior to commencing a redevelopment program, if that is your desire, I would like to suggest that the Council and staff go through a three -step process with the first step being determining whether or not you wish to undertake such a program, type, level of involvement, and area(s) of the City. Once that direction is given, staff will identify the program options and funding sources available and request Council direction as the second step. The third step would be to recommend a specific implementa- tion plan or plans for the programs selected by the Council. If it is the desire of this Council to direct the establish- ment of a redevelopment program for Mounds View, I would request your concensus direction on the following questions. 1. What type of redevelopment do you wish to undertake? � Rehabilitation, selective clearance, or non -selective clearance?