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HomeMy WebLinkAboutResolution 98-EDA91 e - e RESOLUTION NO. 98-EDA-91 MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION DENYING A REQUEST FOR THE PURCHASE OF 7761 EASTWOOD ROAD BY THE EDA FOR THE HOUSING REPLACEMENT PROGRAM WHEREAS, the Mounds View Economic Development Authority (EDA) established a I-lousing Replacement Program to remove houses which are in very poor condition, thereby, assisting in the elimination of the blighting influence of substandard homes; and WHEREAS, Stuart Trelstad formally requested the EDA purchase his property located at 7761 Eastwood Road through the Housing Replacement Program (HRP); and WHEREAS, the property was inspected and staff has determined that the subject property meets the characteristics outlined in the HRP policy which are required for a property to be considered for purchase by the EDA; and WHEREAS, the city is currently in the process of reviewing the comprehensive guide plan which is scheduled for adoption by the end of the year; and WHEREAS, the subject property is located within the Highway 10 corridor and land use designations in this area is currently uncertain; and WHEREAS, the subject site may be reconsidered for purchase after review and adoption of the comprehensive guide plan. NOW, THEREFORE, BE IT RESOLVED that the Economic Development Authority of the City of Mounds View hereby denies the purchase ofthe property located at 7761 Eastwood Road for the Housing Replacement Program at this time, pending review and adoption of the city's comprehensive guide plan. Adopted this 26th day of May, 1998. ~~rty~t ATTEST: {SEAL)