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Canby Council approves Demolition Loan application for Ring Avenue South
Summary
The Canby City Council on July 9 approved Resolution 2024-07-09-1 authorizing the Housing and Redevelopment Authority of Canby to apply to DEED for a Demolition Loan focused on clearing blighted buildings at Ring Avenue South; the vote was unanimous among members present.
The Canby City Council approved Resolution 2024-07-09-1 on July 9, 2024, authorizing the Housing and Redevelopment Authority of Canby to submit a Demolition Loan application to the Minnesota Department of Employment and Economic Development (DEED) for the Ring Avenue South site. Councilmember Susan Cram moved the resolution and Councilmember Marisa Kack seconded; the motion carried on a 3-0 vote with all members present voting in favor.
The resolution, adopted during the regular meeting, states in part: "BE IT RESOLVED that the City of Canby has approved the Demolition Loan application submitted to the Department of Employment and Economic Development (DEED) on July 9, 2024, by Housing and Redevelopment Authority of Canby for the Ring Avenue South site." The transcript does not specify a loan amount or a project timeline beyond the focus on demolition of blighted structures to prepare sites for future development.
John Meyer introduced the Demolition Loan Program to the council as a mechanism to assist with demolition costs for properties identified as blighted, with a primary emphasis on Ring Avenue South. Following the presentation, the council voted to approve the resolution and allow the Housing and Redevelopment Authority to proceed with the DEED application.
The action is procedural authorization for an application; the transcript does not record any contractual award, specific funding commitments, or a target demolition schedule. Next steps documented in the meeting record indicate the HRA will submit the application to DEED on July 9, 2024; any approval, loan terms, or project implementation would be subject to future council or HRA actions and state review.
