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8.2. HRSR 03-07-2016
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8.2. HRSR 03-07-2016
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3/4/2016 10:29:59 AM
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City Government
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HRSR
date
3/7/2016
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(i) a roof and roof framing element; <br /> (ii) support walls,beams, and headers; <br /> (iii) foundation, footings, and subgrade conditions; <br /> (iv) light and ventilation; <br /> (v) fire protection, including egress; <br /> (vi) internal utilities, including electricity, gas, and water; <br /> (vii) flooring and flooring elements; or <br /> (viii) walls, insulation, and exterior envelope; <br /> (3) in which the cited housing, maintenance, or building code violations have not <br /> been remedied after two notices to cure the noncompliance; and <br /> (4) has uncured housing,maintenance, and building code violations, satisfaction <br /> of which would cost more than 50 percent of the estimated market value for <br /> the building, excluding land value, as determined under section 273.11 for <br /> property taxes payable in the year in which the condemnation is commenced. <br /> 5. A local government is authorized to seek from a judge or magistrate an administrative <br /> warrant to gain access to inspect a specific building in a proposed development or <br /> redevelopment area upon showing of probable cause that a specific code violation has <br /> occurred and that the violation has not been cured, and that the owner has denied the <br /> local government access to the property. Items of evidence that may support a <br /> conclusion of probable cause may include recent fire or police inspections,housing <br /> inspection, exterior evidence of deterioration, or other similar reliable evidence of <br /> deterioration in the specific building. <br /> ELIGIBLE APPLICANTS: Eligible applicants for this program must be the owner of the <br /> property at the time of the application or before disbursement of funds. <br /> ELIGIBLE PROGRAM COSTS: the Blighted Properties Demolition&Forgivable <br /> Residential Loan program can pay up to $75,000 of the demolition costs for a qualifying site. <br /> "Demolition costs"means the costs of demolition, destruction, removal, and clearance of all <br /> structures and other improvements on the project site, including interior remedial activities, <br /> and proper disposal thereof. As used in this subdivision,"structure"has the meaning given it <br /> in section 116G.03, subdivision 11. Costs incurred before the loan is awarded are not <br /> eligible for payment. <br /> TERMS: Loans for demolition costs may be made subject to the following terms and <br /> conditions: <br /> 1. The agreement to repay the loan may be a general obligation of the property owner, <br /> payable primarily from a dedicated source of revenue, or other security subject to review <br /> and approval by the HRA commission. <br /> 2. The term of the loan may not exceed 5 years; <br /> 3. The loan shall bear interest at a rate equal to two percent,but interest will not accrue <br /> during the first two years of the loan term. <br /> 4. The property owner shall make monthly payments beginning in the third year of the loan <br /> until the end of the term; <br /> 5. The principal amount of a loan may not exceed $75,000; <br /> 2 <br />
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