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Housing and Redevelopment Minutes Page 2 <br /> May 7,2018 <br /> ----------------------------- <br /> 5. Open Forum <br /> No one appeared for Open Forum. <br /> 6. Public Hearings <br /> There were no public hearings. <br /> 7.1 HRA Rehabilitation Program Update <br /> Ms. Eddy presented the staff report. <br /> 7.2 Director Update 40 <br /> Ms. Othoudt presented the staff report. She indle, d there would be `"closed meeting on <br /> Friday,May 11, 2018, at 10:00 a.m. to discuss the purchase of PID# 75-401-0130, also <br /> known as 430 Main Street NW,and PID# 7„-401-0145, also known as 414 Main Street NW, <br /> Elk River. <br /> 7.3 Downtown TH 10 and Lowell Ave TIF Analysis Proposal <br /> Ms. Othoudt presented the staff report. S e provided an overview of LHB's initial analysis <br /> of the `windshield'inspection and stated she did receive permission from ISD #728 and Elk <br /> River Meats to proceed with inspections of their buildings. She asked the EDA to review the <br /> proposal from LHB to approve proceeding with performing these inspections along with <br /> additional buildings in the expanded project area as presented in the project maps. She <br /> explained what the cost would cover. The buildings along Jackson Avenue may be necessary <br /> to include for creation of a TIF district should the school district and meat market buildings <br /> not qualify as substandard. She indicated she connected with all but one of the property <br /> owners along Jackson Avenue to explain the proposed project inspection requirement and <br /> key benefits of this type of downtown redevelopment project. <br /> Commissioner Ovall expressed concerns regarding communications to the affected property <br /> owners and allowing an inspection of their property. He asked what would happen if the <br /> inspection found structural concerns and would the property owners be responsible for <br /> making repairs to substandard buildings. <br /> Ms. Othoudt explained the property owners wouldn't be obligated to make repairs to their <br /> buildings but should they want to,TIF monies could be utilized to assist them in making <br /> those improvements. She explained possible incentive scenarios if the property owner chose <br /> to belong to the TIF district. <br /> Commissioner Ovall asked what the main methods of communications she used with the <br /> downtown businesses and asked if a contact list was available of business and property <br /> owners. <br />