7.1. HRSR 11-25-2002 - Laserfiche WebLink

Home Browse Search

Proposal for City of Elk River—Property Redevelopment Eligibility Assessments Page 2 of 4 November 11, 2002 a. make at least three telephone requests during varying times of the day and week, and if letter and telephone requests are not successful, b. make at least two attempts to personally visit with the owner at times the owner is likely to be present. c. Document all attempts to contact the property owners. 2. Document all property conditions relative to Minnesota Statutes Section 469.174 Subdivision 10. Task completed by:LHB C. Determine replacement cost for each building: 1. Replacement cost is the cost of constructing a new structure of the same square footage and type on the site. 2. A base cost will be calculated by establishing the building class,type and construction quality. 3. Identify amenities,which increase the value of the building over the standard construction quality level. 4. The base cost and cost of amenities will be totaled to determine the replacement cost for the property. Task completed by: LHB • D. Determine the existing condition of each building: 1. "More than 50 percent of the buildings,not including outbuildings,must be structurally substandard to a degree requiring substantial renovation or clearance." 2. "Structurally substandard shall mean containing 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." Task completed by: LHB E. Determine Code Deficiencies in each building: 1. Determine technical conditions,which are not in compliance with current building code applicable to new buildings. 2. Determine costs to correct identified deficiencies. 3. Compare cost of deficiency corrections to replacement value of building. 4. A building is not structurally substandard if it is in compliance with building code applicable to new buildings or could be modified to satisfy the building code at a cost of less than 15 percent of replacement cost. Task completed by: LHB F. Prepare a final report outlining findings: 1. Prepare a tabulated spreadsheet of the entire proposed district properties 111 conditions. 2. Prepare a written narrative analysis of the redevelopment district describing why the property within the district does or does not meet the criteria as"structurally substandard"as established in Minnesota Statutes Section 469.174, subdivision 10.