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Council authorizes HRA to pursue $500,000 state infrastructure grant for 801 West Stanton redevelopment
Summary
The Committee of the Whole authorized HRA and staff to pursue a Greater Minnesota Housing Infrastructure Fund application to help pay for water, sewer and roadway infrastructure for a proposed redevelopment at 801 West Stanton.
Fergus Falls staff and the Housing and Redevelopment Authority (HRA) presented a preliminary redevelopment concept for the 801 West Stanton property and requested authority to pursue a state infrastructure grant to fund on-site utilities and streets.
The nut graf: Staff described a concept of about 24 lots (50-by-100 feet) plus small multifamily buildings (a 4-plex and a 6-plex at the ends of the plat) and presented preliminary engineering and market information. Staff reported very preliminary infrastructure construction costs of about $947,000 and survey/site work at about $60,000. Minnesota Housing’s Greater Minnesota Housing Infrastructure Fund allows requests for up…
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