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Housing & Redevelopment Authority <br />June 2, 2008 <br />Page 3 <br />the project would need to increase the tax base as well as provide another public benefit e.g. <br />job creation. <br />Commissioner Kuester asked if there is information on the property. Ms. Mehelich stated <br />that she did not have information on the condition of the building. Commissioner Toth <br />stated that it would seem that the building would need to be removed. He stated he felt the <br />site would be more advantageous to the city as a restaurant. Commissioner Kuester asked <br />where a frontage road could go, since MnDOT is looking at closing accesses. She stated that <br />this information would be important to a potential buyer. Commissioner Toth stated he felt <br />the city should have this information available for inquiries. Commissioner Kuester asked if <br />the property owner is looking for assistance from the city. Ms. Mehelich stated that the <br />owner is looking for any type of assistance the city could provide, since he wants to sell the <br />property and retire. <br />Commissioner Motin asked if the owner is looking to the city to buy the property. He stated <br />that this parcel and adjoining parcels were all considered for a possible redevelopment <br />project at one time. He stated he had a problem with using tax abatement, and felt that the <br />property could be redeveloped without the HRA's involvement. He stated that the only <br />reason the business closed is because the roof collapsed. He did not feel it was the city's <br />responsibility to help. He stated he did not see a frontage road happening anytime soon, and <br />that he did not believe MnDOT has any plans to close the access. <br />Commissioner Toth stated that the whole area needs to be redeveloped, and that the <br />property owner may need to lower his price. Ms. Mehelich stated that the adjacent parcels <br />are similarly priced and are being marketed separately. She stated that staff has offered to <br />keep listing the property on the city's website, and the site was included in the marketing <br />packet that was sent out to restaurants. Commissioner Toth asked if more information <br />could be obtained on the property to provide to potential buyers. Ms. Mehelich explained <br />that the city typically provides zoning, PID, parcel size and contact information. <br />Commissioner Toth noted that there are two vacant homes on School Street (east of <br />Jackson) and asked if staff had any information on them. Mr. Gongoll stated that he would <br />check on the properties and provide information at the next HRA meeting. <br />There being no other business, Chair Wilson adjourned the meeting of the Elk River <br />Housing and Redevelopment Authority at 6:10 p.m. <br />Minutes prepared by Debbie Huebner <br />Tina Allard, City Clerk <br />