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Housing and Redevelopment Minutes Page 3 <br /> April 4,2016 <br /> removed,and the house has been deemed structurally sound. The septic system was <br /> inspected on November 30,2015,and was found to be non-compliant.There are no <br /> building permits on file and a well test would need to be completed. Ms. Othoudt stated <br /> that the property would be a good fit for the HRA's new Blighted Properties Loan Program <br /> for up to a$75,000 forgivable loan to either demo the house,or repair it. She noted that the <br /> surrounding properties are similar to this site,but it is likely reducing the overall value of the <br /> neighborhood due to its condition. Ms. Othoudt stated the County may be open to some <br /> negotiation on the price (asking$30,000). <br /> Chair Toth stated that this may be an area to include for rehab. Discussion followed <br /> regarding the possibility of meeting with the neighbors to see if they were interested in a <br /> rehab project. Ms. Othoudt stated that the HRA could purchase the property and rehab it <br /> or they could demo the existing house and sell the lot,or build a new home and sell it. She <br /> stated that if the HRA is interested, staff would obtain estimates for demolition or <br /> remodeling. Ms. Othoudt noted that the County stated they have had calls from 2 parties <br /> interested in the property when it comes up for public auction. <br /> Discussion followed regarding possible options for the property. Staff was given direction <br /> to negotiate with the County on the price of the property and to provide them information <br /> on the city's loan programs that are available. <br /> 9.1 Adjournment <br /> Chair Toth adjourned the meeting at this time. <br /> The meeting adjourned at 6:35 p.m. <br /> Minutes prepared by Debbie Huebner. <br /> Tina Allard,City Clerk <br /> Larry Toth,Chair <br /> Housing&Redevelopment Authority <br />