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06/15/00 15:48 FAX 6512233002 SPRINGSTED INC. <br /> MEMORANDUM <br /> i <br /> To:Paul Steinman,Planning and Community Development, Springsted Corp., <br /> From Tom Goodoier),Consulting <br /> Subject:Feasibility of Creating a Redevelopment District in the Area of the Westerly <br /> frontage of the intersection of County Road D and Silver Lake Road Located in the <br /> Municipal boundary lines of the City of St. Anthony,W. <br /> Proposed creation of a new Redevelopment and Tax Increment <br /> Financing District( Tom. ]Eligibility Analysis For <br /> Apache Plaza Shopping Center Development Project <br /> Pursuant to my reconnaissance of the Proposed decertified/re certified Redevelopment Project <br /> Area of the City of St. Anthony,Mn,generally described as follows: geographically along the <br /> westerly frontage of Silver lake Road and County Road D including the Apache.Plaza Shopping <br /> Center and the Taco Bell Fast food Store. The proposed project boundary could be classified as <br /> a blighted area in accordance with the statutory criteria for finding a Redevelopment Project <br /> area described as follows: <br /> • Essentially the subject property appears to conform with the statutory criteria for a <br /> Redevelopment Project in accordance with the Laws of Minnesota Section 469.002. Subdivision <br /> 11(The Housing Redevelopment Authorities Act)wherein blight is defined as"any area with <br /> buildings or improvements, which by reason of dilapidation,obsolescence,lack of sanitary <br /> 'facilities ,excess land coverage or vacant land,deleterious land use,or obsolete layout,or any <br /> combination of these or other factors,that are detrimental to the safety,health morals or <br /> welfare of the community". The property that may be treated,includes the above parameter of <br /> property described with reasonable specificity,and exhibits the deficiencies that warrant <br /> substantial renovation or clearance that were found and that could qualify the area for the <br /> proposed redevelopment activity in the Plan. The proposed project meets the area wide specific <br /> test in as much as the deficiencies found are reasonably distributed throughout the entire <br /> project area and after deliberate in depth analysis the Municipality could adopt a Redevelopment <br /> District after establishing a finding of structurally substandard for Redevelopment-Tax <br /> Increment Financing District(T1F) The additional documentation has been prepared in <br /> accordance with eligibility contained in the Redevelopment Act.(see below*) <br /> The conclusion reached is the approximately 1,500,000 square feet(35.5 acre) property site is <br /> structurally and environmentally blighted,effected by a major trafficked County Hwy.and the <br /> design defects inherent in distressed buildings(cantilevered hyperbolic inverted umbrella type <br /> supporting columns)and that these vacant uses are incompatible with fundamental land use <br /> patterns. (general commercial uses is the predominant land use identified on the City's <br /> Comprehensive Plan). <br /> • <br /> IAnnmp-Wa Canmunity OwdloP-ont Agency <br />