07-10-2017 HRA MIN SPECIAL - Laserfiche WebLink

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Housing and Redevelopment Minutes Page 3 July 10,2017 • Commissioner Ovall stated that Ryan Hardin of KW Commercial real estate, agent for the property,was present to answer questions. Commissioner Ovall stated that potential uses for the site could include a senior center,parks and recreation or Chamber of Commerce space. He noted that this location is in the Mississippi Connections plan and they need to consider the highest and best use for the property. He noted that this item will also be on the EDA agenda for discussion. Commissioner Ovall also noted that purchasing this building would require using all of the HRA's reserve funds. Chair Toth asked if the Babcock monument located within the building would remain. Mr. Hardin stated that there are no plans to remove it at this time. Commissioner Chuba stated that he did not see the potential for acquiring this building. Chair Toth concurred, stating that the interior is divided into smaller office spaces. Commissioner Kuester stated that the Sherburne County Historical Society may be interested in acquiring the monument. Chair Toth stated that the HRA does not have the funds or the capacity to acquire the building and thanked Mr. Hardin for the information. 9.2 426 Main Street • Ms. Othoudt provided background information regarding the property at 426 Main Street. Commissioner Ovall stated he did not feel it made sense to make repairs on the property, when it is going to be demolished anyway for future redevelopment. Commissioner Eder stated that home inspections need to be done first before purchasing properties. Chief Cunningham and Jeff Smith provided information on home inspections,explaining the difference between the inspections they provide for rental housing and the type of housing inspections that are done during the purchasing process. Chief Cunningham noted that Elk River has adopted the International Property Maintenance Code,which is more thorough than other communities. It was the consensus of the HRA not to renovate/make repairs on the property at 426 Main Street,but rather to continue to close up the home,and to insure and maintain the property as necessary. The HRA also felt it was important to have the property management representative inspect the property before purchasing future properties for redevelopment. 10. Adjournment Chair Toth adjourned the meeting at 5:10 p.m. • MinutesPre p ared byDebbie Huebner.