Laserfiche WebLink
Housing and Redevelopment Minutes Page 3 <br />May 4, 2015 <br />----------------------------- <br />Commissioner Kuester asked what their goal was — to get the building demolished and sell <br />the lots, or do they want them to rebuild, as well. <br />Commissioner Chuba questioned whether all blighted property owners have the resources to <br />rebuild. He stated that a contractor could purchase the blighted property, demo the building <br />and have the option of selling or rebuilding. Ms. Eddy noted that the HRA could buy a <br />property and complete the demolition, but that would require a new program and <br />application. <br />Discussion followed regarding identifying blighted properties, forgivable versus pay -back <br />loan options, and a time period for a forgivable loan (5 years - 10 years), and who would be <br />eligible for the loan program (property /homeowners, developers, or both). <br />Commissioner Kuester asked how it is determined a property is blighted. Ms. Eddy stated <br />that the city's building inspection department would make that determination. <br />Commissioner Toth asked who would determine what properties were inspected. Ms. Eddy <br />stated that the process would be application- driven. <br />Commissioner Chuba stated he did not care whether the program benefitted homeowners or <br />developers, but that he was in favor of a forgivable loan program. <br />Chair Wilson stated that since the focus seems to be shifting more to blighted properties, he <br />suggested that they "go back to the drawing board" and maybe look at what other <br />communities are doing, as far as tearing down structures and replacing with new. <br />Ms. Eddy stated she will research blighted property programs. <br />Commissioner Kuester asked if staff or the HRA are aware of blighted sites in the city. <br />Commissioner Kuester asked if they should base findings on safety hazards. Commissioner <br />Chuba stated that properties can be function and non - functional and be obsolete. He did <br />not see the purpose is throwing "good money after bad" by rehabbing properties that lived <br />out their usefulness. He noted that there are a number of properties that are old but not <br />very many are historical and worth saving. <br />Chair Wilson stated the question is whether or not there are blighted properties that a <br />program would benefit. He noted that updating sites with new structures would also <br />increase the tax base. <br />Ms. Eddy stated that she will talk with the building, fire and code inspectors and come up <br />with a list of blighted properties they are aware of. <br />9. Adjournment <br />There being no further business, Chair Wilson adjourned the worksession of the Elk River <br />Housing and Redevelopment Authority at 6:15 p.m. <br />