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UU/.15/00 15:49 FAX 6512259002 SPRINGSTED INC. <br /> 114 <br /> • other improvements(eg sidewalks,parking space, former building footings etc) remain on the <br /> or near the parcel. <br /> *Finally,the condition of the subject property was analyzed to determine if there was sufficient <br /> MiLf to meet the test of the State Statute,Laws of Minnesota Chapter or section 469.174 <br /> Subd 10. (a)clause 2 that states that"more than 50%of the buildings(not including out <br /> buildings)must be Mound to be structurally substandard to a degree requiring substantial <br /> renovation or clearance"The proposed area includes the above described property which <br /> exhibits over 50% of the buildings(2 out of 2 buildings) with deficiencies warranting <br /> substantial renovation or clearance and appears to qualify the proposed area eligible for TIF <br /> district interpretation under the Redevelopment Statute. <br /> Also the statute stipulates a building is not structurally substandard if it is in compliance with <br /> the building code applicable to new buildings or could be modified to satisfy the building code <br /> at a cost of less than 15% of the replacement cost of constructing a new structure of similar <br /> square footage and type of building on the same site. The city may find that a building is not <br /> disqualified as structurally substandard under the preceding sentence on the basis of reasonably <br /> available evidence, sucb as size ,type, and age of the building,the average cost of plumbing and <br /> electrical,or structural repairs or other similar reliable evidence(public construction permit <br /> activity). If the evidence supports a reasonable conclusion that the building is not disqualified as <br /> structurally substandard,the city may NOT make such determination without an interior <br /> inspection of the property. If denied entry after the municipality has used it's"best efforts"to <br /> • gain entry for an interior evaluation a reasonable conclusion as to structurally substandard may <br /> be-supported by other available evidence(record of permits,public records of police and fire <br /> departments,etc) <br /> The Proposed creation of a T1F District includes 5 parcels of land with 2 buildings and <br /> approx. 34.5 acres of land, described as follows(aka_ Apache Plaza Development) <br /> Area Tabulation. <br /> Property.Id# LAND (sq Building Improved Structurally <br /> ]Footage) (yes/no) (1.5%) Substandard <br /> A4 1500000 yes yes yes <br /> Apache Plaza <br /> A-2 20980 yes yes yes <br /> Taco Bell <br /> • <br />