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7.3. HRSR 05-02-2016 .V4if Request for Action River To Item Number Housing and Redevelopment Authority 7.3 Agenda Section Meeting Date Prepared by General Business May 2, 2016 Amanda Othoudt,EDD Item Description Reviewed by Tax Forfeited property discussion Cal Portner, City Administrator Reviewed by Action Requested Receive an update on the Tax Forfeited property located at 18584 Troy Street. Background/Discussion Staff has contacted the Sherburne County Auditor-Treasurer's office for the property located at 18584 Troy Street to begin negotiations on the purchase of the property. Sherburne County has submitted the property information to the Department of Natural Resources (DNR). If the property is not considered conservation land by the DNR,public entities will have first right of refusal to purchase the property before it goes to public auction in September. Sherburne County staff indicated that they have received several inquiries from the general public about the property. Information about the Blighted Properties Residential Forgivable loan program was submitted to Sherburne County staff. If the commission is interested in purchasing the property, the Elk River Fire Department would be interested in performing training exercises on the property.Aaron Surrat, Deputy Chief of Operations & Deputy Director of Emergency Management will be available this evening to discuss the process. Financial Impact N/A Attachments EAEI it NATURE