Agenda - Council - 11/09/2004 - Laserfiche WebLink

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FY04-05 REQUIRED APPRAISALS or ASSESSMENTS for GRANTS: Attach 1) an appraisal completed by a qualified independent appraiser licensed under chapter 82B using accepted appraisal methodology which shows: a) The current market value (pre -cleanup) of the property, separately taking into account the effect of the contaminants on the market value. This value should include both the value of the land and, if applicable, any buildings on the Site; and, b) the value of the site after cleanup but before development (pre -construction), OR attach 2) the assessed value of the property for the latest year shown on the most recent valuation notice used under Minnesota Statutes §273.121. Also include the projected assessed value after cleanup but before development. REQUIRED CLEANUP BUDGET/SCHEDULE: You must submit a budget for cleaning the site and a timeline for cleaning and redeveloping the site (both the budget and timeline are part of the following application). While the redevelopment of the site is considered in the application and must be identified in the timeline, grant funds can only be used toward site remediation. The budget page of this application should include only eligible remediation costs, which are the statutorily defined as "cleanup costs" and "project costs." Cleanup Costs: "The costs of developing and implementing a response action plan, but does not include implementation costs incurred before the award of a grant unless the application for the grant was submitted within 180 days after the response action plan was approved by the commissioner of the pollution control agency." Project Costs: "The cleanup costs for the site (see above definition), and the cost of related site acquisition, demolition of existing improvements, and installation of public improvements if necessary for the applicant to implement the response action plan." Examples of eligible and ineligible costs include: ELIGIBLE COSTS INELIGIBLE COSTS Cleanup Project/Grant Administration Demolition (if necessary to implement RAP) Demolition (if necessary only for redevelopment) Acquisition and Relocation (if necessary to Acquisition and Relocation (if necessary only implement RAP) for redevelopment) Investigation (if not already funded under a Asbestos Abatement in Buildings DEED Investigation and RAP Development Grant) Environmental Consulting fees necessary to Contingencies implement the RAP Public Improvements (if necessary to Costs of appraisals or other application costs implement the RAP) Activities eligible for funding under or match requirements of another state cleanup program cleanup IV