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ITEM # 6. <br />~~ <br />~~ <br />ver <br />MEMORANDUM <br />TO: Housing & Redevelopment Authority <br />FROM: Catherine Mehelich, Director of Economic Development <br />DATE: June 2, 2008 <br />SUBJECT: Discuss Status of Bowling Alley Property <br />Attachments <br />• Location Map <br />• Zoning Map <br />• Memo from Environmental Director Rebecca Haug <br />Issue <br />HRA Commissioner Toth has requested the HRA's discussion on the status and what role, if <br />any, the HRA could play in the redevelopment of the former bowling alley property located <br />at 13161 Hwy 10 NW, Elk River. <br />Background Information <br />Following is a summary description of the subject property: <br />Address 13161 H 101VW <br />Parcel number 75-132-1200 <br />Pro er owner Larson Pro ernes of Monticello Geor e Larson <br />Parcel size 4.3 acres <br />Buildin size A rox. 10,400 s uare feet <br />Zonin C3 - Hi hwa Commercial <br />2007 Market value $153,900 Land <br />$473,900 Building <br />$627,800 Total EMV <br />Special <br />Assessments $7,615.77 (Princ.Bal.) <br />2008 Pa able taxes $23,284 <br />