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2012.06.11 EDA Minutes
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2012.06.11 EDA Minutes
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12/7/2015 2:00:07 PM
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MINUTES FOR THE EDA MEETING OF JUNE 11, 2012 <br />Miron called the meeting to order at 8:34 am. <br />PRESENT: Arcand, Bever, Denaway, Granger, Klein, and Miron <br />ABSENT: Puleo <br />STAFF: Bryan Bear, City Administrator <br />Rachel Juba, Planner <br />Liz Hanson, Community Development Intern <br />APPROVAL OF MINUTES FOR THE EDA MEETING OF MAY 14, 2012 <br />Klein made motion, Arcand seconded, to approve minutes for the EDA meeting of May <br />14, 2012 <br />All ayes. Motion carried. <br />DISCUSSION ON CARPENTER'S PROPERTY <br />The Carpenter's property was destroyed by a fire. Prior to the fire the property owners <br />received approval of a redevelopment plan for the property. The redevelopment did not <br />occur and the buildings were demolished. <br />The property currently has two liens from the builder and architect. These liens are <br />consolidated together to form one that estimates at around $45,000. The total amount <br />owed on the property due to delinquent taxes, assessments, liens and interest is <br />$210,611.90. The liens were foreclosed and a sheriff's sale went to the contractor. <br />Cathy Anderson has the right to buy her property back by June 23rd. After this date she <br />will lose the property completely and will not receive any reimbursement. <br />City staff had a meeting with her to discuss purchasing the property. The City would take <br />care of the back taxes, assessments, and liens that have accumulated on the property, if <br />purchased. <br />City Staff asked the EDA to have a discussion on purchasing the property. The EDA <br />agreed that buying the property would bring many opportunities and benefits to the City. <br />The purchase would provide opportunities for redevelopment and future growth as it <br />abuts the City owned property in downtown Hugo. <br />Denaway made motion, Granger seconded to make a recommendation to the City <br />Council to purchase of Carpenter's property. <br />All ayes. Motion carried. <br />UPDATE ON DOWNTOWN REDEVELOPMENT <br />
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