5.1. HRSR 10-04-2004 - Laserfiche WebLink

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IA ilk Report on Building Condition Building ID/Business Name/Address: U.S.Bank 57-1 Satisfies Conditions Test for Structurally Substandard Building. Y ' Satisfies Code Test for Structurally Substandard Building: Y Structurally Substandard Building(Y/N): Y ' Conditions Test ' Under the tax increment law,specifically,Minnesota Statutes,Section 469.174,Subdivision 10,a building is structurally substandard if it contains"defects in structural elements or a combination of deficiencies in essential utilities and facilities,light and ventilation,fire protection including adequate egress,layout and ' condition of interior partitions,or similar factors,which defects or deficiencies are of sufficient total significance to justify substantial renovation or clearance." The above building,based upon actual interior and exterior inspection and review of building permit records,exhibits the following deficiencies that in our professional opinion contribute to justifying substantial renovation or clearance: ' Structural Elements • Retaining wall on west side of building is failing Essential Utilities&Facilities • Deficient in facilities for disabled:disability parking incorrectly designated;lack of accessible hardware at interior doors;lack of maneuvering clearance and accessible features at toilet rooms;lack of accessible features at employee break room area;inaccessible service counter (height) • Installation of elevator required for lower level due to building occupancy ' Fire Protection/Egress • Deficient exterior stairway: insufficient stair clear width;deficient handrail height, terminations,and extensions;deficient guardrail construction ' • Deficient interior stairway: deficient rise/run;deficient handrail height,terminations,and extensions Layout/Condition of Interior Partitions • Layout of building is poor due to location of(public)toilet rooms that are in a(non-public) ' secure area Similar Factors • Layout of building site/parking is poor due to location of drive-through lanes that cross path ' of pedestrian traffic to entrance Code Test Notwithstanding the foregoing,the tax increment law also provides that a building may not be considered structurally substandard if it is in compliance with the building code applicable to new buildings or could be modified to satisfy the current building code at a cost of less than 15%of the cost of constructing a new building of the same square footage and type on the same site. Estimated cost of new building of same size and type(Total Replacement Cost): $579,378.60 Estimated cost of correction of code deficiencies(Total Deficiency Cost): $125,945.00 ' Percentage of Code Deficiency to Replacement Cost: 21.74% • Refer to Individual Building Summary Report for documentation of specific code deficiencies.