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REQUEST FOR CITY COUNCIL ACTION DATE. 06/22198 ITEM CIO. -1 Department Approval: Manager Approval: Agenda Section: Repo Item Description: Roseville Housing Improvement Program Housing Replacement Program —Voluntary Purchase Proposals 1.0 Requested Acton 1.1 City staff is requesting direction from the Council to begin the negotiations for the purchase of 2190 St. Groin Street by ordering an appraisal of the home and land as part of the Housing Replacement Program. Funds for the appraisal, estimated at $500, would come from the City Housing Improvement Fund. 1.2 In addition, staff is requesting the approval from Council to deal with two other voluntary requests for purchase under the program with renovation financing and facilitating redevelopment options* 2.0 Back round .1 A housing replacement program was established in 1 996 to help the City purchase outdated or non-code compliant structures that could not be economically rehabilitated or sold on the open market. The purpose of the program is to replace deteriorating lover value housing on scattered sites throughout the City with larger, higher value housing designed for families. The objective of the program is to increase the property value of the home and improve the value and aesthetics of the neighborhood properties. For 1998, the City has a goal to voluntarily purchase three homes that qualify under the program. 2.2 Several homes were identified as candidates for the voluntary purchase under the p rog ram using Ramsey County data with assessed values under$65,000 and in fair to poor condition. After a drive by inspection of the homes identified, staff mailed letters to approximately 20 homeowners noting that their home may qualify under the voluntary purchase program. 2.3 This year the City currently has purchased two Domes. Those homes are located at 2100 William Street and 2668 Lexington Avenue. In addition, the City purchased a tax forfeited vacant parcel frorn Ramsey County to combine with the home at 2100 William under the program. The total funds expensed under the program for the purchases so far equal approximately $108,000. RCA—H R Rt 2190 St. Croix 06/22198-Page 1 of 4