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PART 1—EXECUTIVE SUMMARY <br /> PURPOSE OF EVALUATION <br /> LHB was hired by the Housing and Redevelopment Authority of St. Anthony, Minnesota <br /> ("HRA") to inspect and evaluate the properties within a Tax Increment Financing <br /> Redevelopment District("TIF District") proposed to be established by the HRA. The proposed <br /> TIF District is located in the City of St. Anthony and consists of several parcels located in the <br /> general area bounded by Silver Lane on the North, Silver Lake Road on the East, 37`h Avenue <br /> N.E. on the South and Stinson Boulevard on the West (Diagram 1). The purpose of LHB's <br /> work was to determine whether the parcels located within the proposed TIF District would meet <br /> the qualifications required for a Redevelopment District. A detailed map of the proposed TIF <br /> District is located in Appendix B. <br /> Diagram 1 <br /> SCOPE OF WORK <br /> The proposed district consists of 24 parcels, comprised of 14 commercial buildings,2 apartment <br /> complexes with a total of I I buildings,2 storm water ponds, and 6 vacant parcels. <br /> Of the 25 buildings in the proposed district, 24 building interiors were inspected. Property #14 <br /> received a partial interior inspection by the Inspector as a patron of the facility. Building code <br /> and Condition Deficiency reports for each building are located in Appendix D. <br /> Page 3 <br />