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El Request for Action <br /> River <br /> To Item Number <br /> Economic Development Authority 6.3 <br /> Agenda Section Meeting Date Prepared by <br /> General Business September 15, 2014 _ Jeremy Barnhart, Deputy Director, COD <br /> Item Description Reviewed by <br /> Hartman property update and clean up <br /> authorization <br /> Reviewed by <br /> Action Requested <br /> Direct,by motion, the solicitation of bids to mitigate the debris found at Lots 1 and 2, Block 1, Fox <br /> Haven Commercial. <br /> Background/Discussion <br /> On August 29, staff formally accepted and recorded the deed from Thomas and Sara Hartman, <br /> transferring 3 acres of Fox Haven Commercial to the EDA. The EDA paid$79,287.77 for the unpaid <br /> taxes. Ancillary costs of$3,400 for environmental review,$125 for title commitment, and$67.65 in <br /> recording costs and taxes were also paid. <br /> The presence of potential environmental contamination was noted on August 25th, due to the backfilling <br /> of the former structures on the property and the possible asbestos and household oils and other <br /> contaminants. It have been verified that there was no asbestos in the structure, and the household <br /> contaminants are expected to be minor, due in part to the city's involvement with the demolition process. <br /> Based on EDA direction, staff requested an estimate of the clean-up costs. Our environmental <br /> consultant estimates the costs at$23,000. The EDA may elect to not clean up the debris at this time, <br /> though it may hamper development of the parcels in the view of developers that want a `shovel ready' <br /> site. <br /> Financial Impact <br /> Estimates of$23,000 to be transferred if contractor is hired. <br /> Attachments <br /> • Waste removal estimate <br /> POIE1E1 11` <br /> Template Updated 4/14 NATURE <br />