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7.3. HRSR 02-05-2018
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7.3. HRSR 02-05-2018
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2/6/2018 8:48:40 AM
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2/2/2018 11:45:56 AM
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City Government
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HRSR
date
2/5/2018
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Blighted Properties <br />Commercial/Industrial <br />Forgivable Loan Program <br />In 2017, the HRA approved a $75,000 forgivable <br />loan to New Resources, LLC to demo a blighted <br />property on Quinn Avenue. The project is part <br />of a larger redevelopment effort in the city. <br />A new Truck Shop facility will develop in its <br />Place later this year. The Truck Shop is a 7,216 <br />square foot light maintenance facility and will <br />provide minor repairs including oil changes, <br />replacing tires, changing breaks, minor service, <br />light maintenance, cleaning and detailing for <br />Beaudry Oil oc Propane fleet vehicles <br />The city created a Redevelopment Tl <br />and acquired three properties in 2011 <br />the developer with relocating the pro <br />north so the city can improve access <br />Quinn Avenue and County Road 10 <br />Avenue). The project will require the <br />and redevelopment of six existing re: <br />properties across from Beaudry Oil. <br />The overall redevelopment of the sit4 <br />improve access, increase the total prc <br />remove blighted properties, create 5 <br />paying $16-$28 per hour and will sen <br />with a regional storm water pond. TT. <br />project will also make right-of-way ai <br />Sherburne County to add a dedicated <br />southbound right tum lane to westbc <br />Highway 10. <br />
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