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Ban <br /> ADDRESS: 230 Evans Ave <br /> Elk River, MN <br /> OWNER: The Bank of Elk River <br /> OREO Department <br /> ATTN Corey Wemple 763-274-6890 <br /> PI D: 75-404-0124 <br /> LEGAL: N 165 ft of W 86 ft of Lot 12,Auditors Subdivision No.4 <br /> The Bank of Elk River is requesting a conditional use permit in order to be able to sell this property as a <br /> residential property. <br /> The Bank took possession of the property February 29, 2012 via foreclosure sale. The redemption <br /> period expired August 29, 2012 with no redemption action taken. <br /> It is the preference of the Bank to sell the property as a residential property as that is considered the <br /> best use of the property as it currently stands. The current zoning of the property is commercial <br /> preferred. <br /> The property is currently 2 BR/1 BA. The property was previously a mixed use in-home business/ <br /> residence. The garage was sealed off by the previous owner. The Bank will be installing a garage door <br /> and opening that back up and replacing the roof on this property if this CUP request is approved. <br /> Currently,the Bank does have a signed purchase agreement subject to the approval of this CUP request. <br />