File #: 2025-56    Version: 1
Type: LEDA Business Status: Passed
File created: 2/6/2025 In control: Economic Development Authority
On agenda: 2/10/2025 Final action: 2/10/2025
Title: Motion to Approve Commercial Demolition Grant Request - Dikun Properties, LLC - 704 S. Kniss
Attachments: 1. 704 S. Kniss Ave- Commercial demolition.pdf

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Motion to Approve Commercial Demolition Grant Request - Dikun Properties, LLC - 704 S. Kniss

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Dikun Properties, LLC has submitted an application for the Commercial Demolition Grant Program for property at 704 S. Kniss.  Dikun reports that the structure is substandard and dilapidated.  Dikun would like to remove the blighted property on the parcel and has plans for potential redevelopment.  EMV is $28,700 ($6,900 Land, $21,800 Building).  Annual taxes are $532.  Dikun has submitted proper paperwork and meets all the requirements for a Commercial Demolition grant for $5000.