4.7. SR 02-16-2016 - Laserfiche WebLink

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(i)a roof and roof framing element; (ii)support walls, beams, and headers; (iii)foundation, footings, and subgrade conditions; (iv)light and ventilation; (v)fire protection, including egress; (vi)internal utilities, including electricity, gas, and water; (vii)flooring and flooring elements; or (viii)walls, insulation, and exterior envelope; (3)in which the cited housing, maintenance, or building code violations have not been remedied after two notices to cure the noncompliance; and (4)has uncured housing, maintenance, and building code violations, satisfaction of which would cost more than 50 percent of the estimated market value for the building, excluding land value, as determined under section 273.11 for property taxes payable in the year in which the condemnation is commenced. 5.A local government is authorized to seek from a judge or magistrate an administrative warrant to gain access to inspect a specific building in a proposed development or redevelopment area upon showing of probable cause that a specific code violation has occurred and that the violation has not been cured, and that the owner has denied the local government access to the property. Items of evidence that may support a conclusion of probable cause may include recent fire or police inspections, housing inspection, exterior evidence of deterioration, or other similar reliable evidence of deterioration in the specific building. ELIGIBLE APPLICANTS: Eligible applicants for this program must be the owner of the property at the time of the application or before disbursement of funds. ELIGIBLE PROGRAM COSTS: the Blighted Properties Demolition & Forgivable Residential Loan program can pay up to $75,000 of the demolition costs for a qualifying site. “Demolition costs” means the costs of demolition, destruction, removal, and clearance of all structures and other improvements on the project site, including interior remedial activities, and proper disposal thereof. As used in this subdivision, “structure” has the meaning given it Costs incurred before the loan is awarded are not in section 116G.03, subdivision 11. eligible for payment . TERMS: Loans for demolition costs may be made subject to the following terms and conditions: 1.The agreement to repay the loan may be a general obligation of the property owner, payable primarily from a dedicated source of revenue, or other security subject to review and approval by the HRA commission. 2.The term of the loan may not exceed 5 years; 3.The loan shall bear interest at a rate equal to two percent, but interest will not accrue during the first two years of the loan term. 4.The property owner shall make monthly payments beginning in the third year of the loan until the end of the term; 5.The principal amount of a loan may not exceed $75,000; 2