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HPC has long recognized the Hudson Building's significanceto Hastings and they are <br />considering nominating the facility for the national historic registry. HEDRAwould like <br />to encourage the HPC to be patient. <br />C.Mixed Use Hard Wire Alarm Update <br />The installation of the Hard Wire Alarm Systems in mixed use building continues <br />moving along well and are about a third done with their installation. <br />D. Downtown Hastings -Block 1; <br />Senior Housing Developerhas shown interest in the site and has inquired as to what <br />price range HEDRA would be looking for on the property. Staff has estimated the value <br />of the site to be about $8/sq ft, but has not yet sought an official appraisal to be done <br />yet. <br />Staff reminded the Commission that there has been no marketing of the sitein the past <br />few years and questioned ifHEDRA isinterested in developing an RFP for this <br />company andothersto respond to? <br />Commissioners discussed and agreed that rental properties are barely coming back at <br />this time. <br />They suggested that staff compare multiple sitesaround townand decided if this is <br />where we want a senior housing developer to build? Do we want them in downtown, on <br />the river front? Perhaps suggest other sites that might fit their. budget. <br />E. 1101 Vermillion Street Demolition and Redevelopment <br />The houseat 1101 Vermillion Streethas now be demolished and the site along with the <br />brown house next door (next to the Dairy Queen,) the city-owned property that was <br />formerly 11th Street, as well as another residential site behind these, are all being <br />considered for a one acre development that would be a 24hourr fast-food drive-through <br />operation. <br />The commissions not excited aboutthis prospect and have concerns due to the <br />proximity to the residentialneighborhood directly behind this potential site. <br />A: <br />DJOURNMENT <br />Commissioner Elling Schultzmoved to adjourn at 7:15pm, Commissioner Keenaseconded. <br />Motion Passed 4 - 0 <br />January 12, 2012 <br />Next meetingis scheduled forat 6:00pm in the Council Chambers. <br />Shannon M. Rausch, <br />HEDRA Secretary <br />