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point beyond the life expectancy of the building they were trying to improve, as most buildings built in the last fifty years are not designed to last beyond 40 years. d. Therefore, LHA has defined substantial renovation for purposes of Minnesota Statutes, Section 469.174, Subdivision 10(a)(1), as renovation with costs exceeding 20%of the building's replacement cost. 2. Substantially substandard is further defined in the statutes under Subdivision 10(c), which states: "A building is not structurally substandard if it is in compliance with the building code applicable to new buildings or could be modified to satisfy the building code at a cost of less than 15 percent of the cost of constructing a new structure of the same square footage and type on the site. The municipality may find that a building is not disqualified as structurally substandard under the preceding sentence on the basis of reasonably available evidence, such as the size, type, and age of the building, the average cost of plumbing, electrical, or structural repairs, or other similar reliable evidence. " "Items of evidence that support such a conclusion [that the building is structurally substandard] include recent fire or police inspections, on-site property appraisals or housing inspections, exterior evidence of deterioration, or other similar reliable evidence. " PART 3—PROCEDURES FOLLOWED A. The City of St. Anthony invited all property owners and tenants located in the proposed TIF District to a stakeholder meeting held on March 27, 2003. At the meeting, the City outlined its development plans and reviewed the TIF inspection process. A sign-in sheet was available for property owners to schedule an inspection date. B. On April S, 2003,the City sent a letter to all building owners located in the proposed TIF District requesting that an interior inspection and evaluation be made of their property. C. LHB was able to schedule interior and exterior inspections for 24 of the 25 buildings in the proposed TIF District. The owner of property#14 did not respond to the letter from the City. A phone number was not available for the property owner and LHB's Inspector was unable to inquire on-site due to the "self-service" nature of the business. The Inspector conducted an exterior inspection and a partial interior inspection as a patron of the facility. D. Documentation regarding property owner contacts and scheduling of inspections is located in Part C of the Supplemental Data Manual (under separate cover, on file with the City of St.Anthony). Page 6