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Regular City Council Meeting Monday, June 7, 2010 Page 2 Discussion among Councilmembers and HRA representatives included clarifying that the pilot 2010 Roseville Green Award Program was limited to single-family homes at this time; and clarification that the Owasso School site being considered for housing redevelopment was specific to the school site, not the ballfields, not- ing their importance to the School District and community youth leagues, with any anticipated development complementing them and improving parking and access to the fields, all subject to success in forming a partnership with the School District. Further discussion included an increase in foreclosures over the last year, while the available information only providing a partial picture, since data on short sales and those homes in the redemption process are unavailable, but recognizing that the loss of jobs and economic recovering impacting the current increase in fore- closures, above and beyond the subprime loan and ARM factors. Mr. Trudgeon noted that the homes now coming into foreclosure were those of higher value at over $500,000 with four of those higher-value homes in foreclo- sure already this year; and that the average market value of foreclosed homes av- eraged at $224,000, with the average so far in 2010 at $290,000. Mr. Trudgeon advised that the HRA was now involved with the First Look Program, a federal revolving loan fund for qualified developers within the City following certain cri- teria in rehabilitating foreclosed homes, one of those criterion being that the home must remain owner-occupied, and providing up to 95% in financing for those de- velopers. Chair Maschka noted that the anticipated marketing program for the City would include selling Roseville as an environmentally-smart location; and that the mar- keting program would have checkpoints throughout the first year to determine its effectiveness, and would include magazines as well as social networking options to capture the young professional demographic group. Additional discussion included an estimated 75% of the rental properties in Rose- ville currently identified; mechanisms in place for obtaining compliance for that registration; integration of registered single-family rental properties within the annual NEP walk-by program, at no additional cost, to monitor these higher- incidence code enforcement properties, with 141 single-family homes registered as rental properties to-date, with the NEP program well-received by residents. 5. Recognitions, Donations, Communications Mayor Klausing announced that the Roseville License Center and its staff had recently been audited by the MN Department of Public Safety on its procedures and policies and had received the highest available ranking allowed, exceeding state-established standards, and 95% error-free processes within 66 different categories, and high marks on 65 of