VIEWS: 4 PAGES: 2 POSTED ON: 8/31/2012
Minnesota Department of Employment and Economic Development Redevelopment Grant Program and Proposed Demolition Loan Program Potential Project Application To gauge the level of interest in and secure future funding for the Redevelopment Grant Program and the newly proposed Demolition Loan Program, we are requesting project information from potential applicants. Complete this one-page Potential Project Application. We’ll use the information to show the Legislature the level of public support for the program and identify the level of funding the programs will need. Please submit one form per project. An entity may submit more than one form. Indicate whether you are interested in a Redevelopment Grant or a Demolition Loan. List your organization, along with a contact person with telephone and email address. Describe the past use and current conditions of the project area. Describe the proposed redevelopment or redevelopment potential of the area. Include estimated job creation numbers, property tax increase and current and estimated future property value. The future value estimates can be very preliminary. Your best reasonable guess should be adequate. Indicate whether the development is an idea, plan or secured proposal. Provide a project budget which includes a list of eligible activities and costs for each. Eligible Redevelopment activities include acquisition, demolition, soil stabilization, infrastructure improvements and ponding or other environmental infrastructure. Eligible demolition costs include demolition, destruction, removal, clearance and disposal of all structures including interior remedial activities. Provide an estimated timeline for the eligible activities including start and end dates for each action. More information about the Redevelopment Grant Program and the Proposed Demolition Loan Program can be found on DEED’s website at www.positivelyminnesota.com , click For Local Government, Financial Assistance, Site Cleanup and Redevelopment Funding. You will also find this form at the website as well. SEND FORM TO: Kristin Lukes, Director Office of Brownfields and Redevelopment Department of Employment and Economic Development 1st National Bank Building 332 Minnesota Street, Suite E200 St. Paul, Minnesota 55101-1351 Kristin.email@example.com (651) 259-7449 FAX: 651-296-1290 Redevelopment Grant Program and Proposed Demolition Loan Program Potential Project Application Type of application: Redevelopment Grant Program Proposed Demolition Loan Program Applicant (public entity) Name of Organization: _______________________ Name of Contact:_____________________ Street Address:_____________________________ e-mail:______________________________ City/Zip: __________________________________ Phone:______________________________ Describe site history and current site conditions. (250 words or less) Describe proposed redevelopment project. For Proposed Demolition Loan Program, describe the redevelopment potential. (250 words or less) Current assessed value of project area: $______________ Estimated future value after site is prepared for development: $______________ Estimated future value after redevelopment occurs: $______________ Provide a list of eligible activities and estimated costs for each. Provide an estimated timeline for eligible activities.
Pages to are hidden for
"Proposed Demolition Loan Program Interest Form"Please download to view full document