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3.3 After careful evaluation, the County has reduced the price of the land from <br /> $6,000 to $3,000. The total price, which includes administrative fees, would he <br /> $31149-50. <br /> 3.4 Staff if proposing that the property he purchased with Housing Funds under the <br /> Horsing Replacement Program and combined with the property located at 2100 <br /> William Street. Combined, the parcels will then be sold to a contractor to build a <br /> new home under the specifications of the Housing Replacement Program. <br /> 4,0 Staff Recommendation <br /> 4.1 Staff recommends approval of the attached resolution to purchase the property at <br /> the northeast corner of VVilliam and Burke Streets under the Housing Replacement <br /> Program of the Housing Improvement Program. Funding for the purchase and any <br /> fees associated with the purchase will core from the city Housing Fund. <br /> .5.0 Syggested Council Action <br /> 5.1 By resolution, approve the purchase of tax forfeiture property (Property ID ## 13-29- <br /> 23-11-00 7) for$3149.40. <br /> Prepared by: Cathy Bennett, 490-2241 <br /> QAHousing\Repiacement Prograrnk (imam tax forf.Approval.doc <br /> RCA—Burke Tax Forfeited 06/08/98 - Page 2 of 2 <br />