4.3.
Economic Development Authority (EDA)
- Meeting Date:
- 06/14/2012
- Submitted For:
- Patrick Brama
- By:
- Patrick Brama, Administrative Services
Title:
Discussion of 167th Avenue and Highway 47 commercial node.
Background:
It was suggested by the EDA Chair to bring forward a dicussion regarding the commercial node at Highway 47 and 167th Avenue. This suggestion was in response to the news that 6013 167TH AVE NW is up for sale. The estimated listing price is $550,000.
Observations:
Attached to this case is some background information on the commercial node at 167th Avenue and Highway 47, including a site map that outlines current property owners and valuations (see fact sheet). The site is currently not in a TIF (Tax Increment Financing) district, but the City has conducted a TIF review of the area, and if the City wanted to purchase and clear the property for redevelopment, this would be an eligible activity for a potential district. There are no identified users to redevelop the property at this time.
Funding Source:
NA
Staff Recommendation:
NA
EDA Action:
NA
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Kurt Ulrich | Kurt Ulrich | 06/07/2012 02:35 PM |
- Form Started By:
- Patrick Brama
- Started On:
- 06/04/2012 01:52 PM
- Final Approval Date:
- 06/07/2012