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7.3. HRSR 07-06-2020
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7.3. HRSR 07-06-2020
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7/9/2020 9:49:30 AM
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7/2/2020 9:10:50 AM
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City Government
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HRSR
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7/6/2020
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Main and Gates Redevelopment TIF DistrictElk River, MinnesotaProperty Condition Assessment Summary SheetTIF Map No.PID # Property AddressImproved or VacantSurvey Method UsedSite Area(S.F.)Coverage Area of Improvements(S.F.)Coverage Percent of ImprovementsCoverageQuantity(S.F.)No. of BuildingsBuildingReplacementCost15% of Replacement CostBuilding Code DeficienciesNo. of Buildings Exceeding 15% CriteriaNo. of buildings determined substandardA75-401-0105 326 Gates Avenue NW Improved Interior/Exterior 7,841 2,781 35.5% 7,841 1 $165,096 $24,764 $31,730 1 1B75-401-0110 425 3rd Street NW Improved Exterior 7,841 1,729 22.1% 7,841 1 Note 1C75-401-0115 419 3rd Street NW Improved Interior/Exterior 13,504 3,303 24.5% 13,504 1 Note 2D75-401-0130 430 Main Street NW Improved Interior/Exterior 8,712 5,694 65.4% 8,712 1 $280,670 $42,101 $58,710 1 1E75-401-0135 426 Main Street NW Improved Interior/Exterior 8,712 1,888 21.7% 8,712 1 $141,791 $21,269 $42,712 1 1F75-401-0140 420 Main Street NW Improved Interior/Exterior 8,712 4,256 48.9% 8,712 1 Note 1G75-401-0145 414 Main Street NW Improved Interior/Exterior 8,712 3,631 41.7% 8,712 1 $163,564 $24,535 $47,651 1 1H75-401-0150 406 Main Street NW Improved Interior/Exterior 19,166 8,797 45.9% 19,166 1 $622,110 $93,317 $176,236 1 1TOTALS 83,200 83,200 8 5 5100.0% 62.5%M:\19Proj\190549\300 Design\Reports\01 2020 Reports\Final Report\[190549 Main and Gates TIF Summary Spreadsheet.xlsx]Property Info62.5%Total Coverage Percent:Percent of buildings exceeding 15 percent code deficiency threshold: Percent of buildings determined substandard: Note 1: This building did not appear to be substandard upon initial inspection.Note 2: After an interior and exterior inspection this building did not appear to be substandardMain and Gates Redevelopment TIF DistrictLHB Project Number 190549Page 1 of 1Property Condition Assessment Summary Sheet
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