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ANOKA COUNTY <br />Regional Economic Development <br />Anoka County Regional Economic Development (ACRED) <br />Pre -Development Grant Program <br />$250,000 program fund <br />Purpose: <br />Development interest in Anoka County has highlighted the need for increased "development <br />readiness". The goal of this program is to increase knowledge of specific high -priority <br />development sites around the County to reduce development barriers, share more information <br />and increase development confidence for prospective buyers. This program will be available to <br />high priority sites, including both sites served by urban services and those served by well/septic. <br />Target development types for this grant program include industrial, commercial or high -density <br />multi -family (40 or more units). Low -density residential is not eligible. <br />Program Details: <br />• Funds will be provided as a grant, up to $15,000 <br />• Eligible expenses: <br />o Parcel Due Diligence (including, but not limited to) <br />■ Geotechnical analysis (soil types for construction, groundwater levels, <br />well & septic suitability, etc.) <br />■ Wetland delineations <br />■ Review of Threatened and Endangered Species (plants and animals) <br />■ ALTA Survey <br />■ Phase 1 environmental <br />■ Phase 2 environmental (if indicated) <br />■ Archeological/cultural review <br />■ Historic Preservation status <br />■ Soil amendments to make sites "pad ready" <br />■ Structure demolition, or pre -demolition surveys <br />■ Due diligence for adaptive reuse projects for existing structures (e.g. <br />conversion of existing office to multi -family residential) <br />■ Commercial or industrial market needs studies (hospitality, retail, etc.) <br />o Additional predevelopment studies that are similar in intent may be considered. <br />Property owners are encouraged to contact the Anoka County Director of <br />Economic Development to gain approval of additional study categories prior to <br />submitting a completed application. <br />o Can be used as a local match requirement for other local, county, state or federal <br />pre -development or redevelopment programs <br />Page 1 of 7 <br />