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<br />iv-' Cl-r~ <br /> <br />.SBVHmE <br /> <br />COMMUNITY DEVELOPMENT DEPARTMENT <br /> <br />October 19, 1998 <br /> <br />To: <<Company>> <br /> <br />From: Cathy Bennett, Economic Development Specialist (490-2241) <br />City of Rose vi lIe <br /> <br />RE: Request for Proposals to Purchase Property and Construct New Single Family Home <br /> <br />The City of Roseville Housing and Redevelopment Authority established a Housing Replacement Program to reduce <br />the social costs of blight and increase the tax base. The purpose of the program is to replace deteriorating lower value <br />housing on scattered sites throughout the City with larger, higher value housing designed for families. To accomplish <br />this goal, the City purchases substandard homes and resells the property to for the construction of a new single family <br />home. <br /> <br />The City cu"ently owns property located at 2190 St. Croix Street and is offering to sell the property for $40,000. The <br />sale price takes into consideration market values for vacant land in the area less average costs for site clearance. The <br />buyer of the property would be responsible for removing the existing home. Please see the attached fact sheet for <br />detailed infonnation on the property. <br /> <br />In order to be considered a licensed residential builder must submit a proposal in writing by October 30, 1998. The <br />proposal must include a description of the proposed new home including the number of bedrooms and bathrooms and a <br />proposed estimated value ofthe new home. (a site plan is not necessary but helpful). If selected, the builder must enter <br />into a Participation Agreement with the City and make a $500 nonrefundable deposit to hold the site while a Purchase <br />and Redevelopment Contract is finalized (see sample agreement). The development of the site must meet the <br />objectives as set forth in the Housing Design and Site Guidelines (see attached guidelines). These Guidelines were <br />created to ensure that the home built on the identified site responds to the objectives of the Housing Replacement <br />Program. Please submit proposals to: <br /> <br />City of Roseville <br />Community Development Department <br />Attn: Cathy Bennett <br />2660 Civic Center Drive <br />Roseville, MN 55113 <br /> <br />The City of Roseville reserved the right to refuse any and all proposals. If you have any questions, please contact me at <br />490-2241. <br /> <br />ATTACHMENTS <br /> <br />Q:\Housing\Replacement Program\PROPOSAL REQUEST L TR.doc <br />