Laserfiche WebLink
PART 1 - EXECUTIVE SUMMARY <br />PURPOSE OF EVALUATION <br />LHB was hired by the City of Elk River to inspect and evaluate the properties within a Tax Increment <br />Financing Redevelopment District ( "TIF District ") proposed to be established by the City. The <br />proposed TIF District is located at the northwest corner of 6`'' Street Northwest and Proctor Avenue <br />Northwest (Diagram 1). The purpose of LHB's work is to determine whether the proposed TIF <br />District meets the statutory requirements for coverage, and whether twelve (12) buildings on twelve <br />(12) parcels and one (1) right of way parcel, located within the proposed TIF District, meet the <br />qualifications required for a Redevelopment District. <br />Diagram 1— Proposed TIF District <br />Beaudry Redevelopment TIF District #24 <br />LHB Project No. 170323 Page 2 of 12 Final Report <br />