HomeMy WebLinkAbout2022-03 EDAR Commissioner Butler introduced the following resolution and moved its adoption:
EDA RESOLUTION NO. 2022-03
RESOLUTION APPROVING THE LAND EXCHANGE AGREEMENT OF CERTAIN
PROPERTY LOCATED IN BROOKLYN CENTER, MN
BE IT RESOLVED by the Board of Commissioners ("Board") of the Economic
Development Authority of Brooklyn Center, Minnesota("Authority") as follows:
Section 1. Recitals.
1.01. The Authority is authorized pursuant to Minnesota Statutes, Sections 469.090 to
469.1081 (the"EDA Act"), to acquire and convey real property and to undertake certain activities
to facilitate the development of real property by private enterprise.
1.02. To facilitate development of certain property in the City of Brooklyn Center,
Minnesota (the "City"), the Authority proposes to enter into a Land Exchange Agreement (the
"Agreement") between the Authority, the City, and Independent School District No. 281,
Robbinsdale Area Schools (the "District").
1.03. The City owns certain property ("City Parcel") located in Brooklyn Center,
Minnesota, legally described as:
Tract F, Registered Land Survey No. 40, Hennepin County, Minnesota.
1.04. The Authority owns certain property ("Authority Parcel") located in Brooklyn
Center, Minnesota, legally described as:
The North 100 feet of that part of Lot 35, AUDITOR'S SUBDIVISION NO. 216, lying
westerly of the center line of Minnesota State Highway No. 152; also the North 100 feet of
the East 33 feet of Lot 34, in AUDITOR'S SUBDIVISION NO. 216, according to the
recorded plat thereof, and situate in Hennepin County, Minnesota.
And
That part of the South 200 feet of the North 300 feet of Lots 34 and 35, AUDITOR'S
SUBDIVISION NO. 216, Hennepin County, Minnesota lying north of the following
described line: Commencing at a point in the west line of Lot 34 distant 256 feet south
from the northwest corner thereof; thence easterly on a curve to the right having a radius
498.97 feet a distance of 127.17 feet; thence easterly on a tangent to said curve distant
35.68 feet to the east line of Lot 35, according to the recorded plat thereof, and situate in
Hennepin County, Minnesota.
And
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The North 95 feet of the South 230 feet of the North 755 feet of Lots 34 and 35,
AUDITOR'S SUBDIVISION NO. 216, according to the plat thereof on file or of record in
the Office of the County Recorder in and for Hennepin County, Minnesota.
And
The South 150 feet of the North 450 feet of Lots 34 and the South 150 feet of the North
450 feet of Lot 35 as measured on a line parallel with the west line of said Lot 35 all in
AUDITOR'S SUBDIVISION NO. 26, Hennepin County, Minnesota EXCEPTING that
part lying north of the following described line: Beginning at the point of intersection of
southeasterly line of Lot 1, Block 3, BALFANY'S NORTHPORT 1ST ADDITION with
the northeasterly line of Northport Drive as platted adjacent to Lots 1 and 2, Block 3,
BALFANY'S NORTHPORT 1ST ADDITION; thence running northeasterly along the
extension of the southeasterly line of said Lot 1 226.84 feet to the point of beginning of a
curve to right having a radius of 438.97 feet and an arc length of 196.64 feet;thence running
northeasterly along said curve to the right to its point of intersection with the west line of
said Lot 34, said point of intersection being the actual point of beginning of the line to be
described; thence continuing northeasterly along the arc of said curve to the end of said
curve, said end of curve being a point in the south line of said North 300 feet of said Lots
34 and 35 and there terminating.
And
The South 75 feet of the North 525 feet of Lot 34 and the South 75 feet of the North 525
feet of Lot 35 as measured on a line parallel with the west line of said Lot 35, all in
AUDITOR'S SUBDIVISION NO. 216, Hennepin County, Minnesota.
1.05. The District owns certain property ("District Parcel") located in Brooklyn Center,
Minnesota, legally described as:
That part of Lots 34 and 35 lying northerly of the following described line: Commencing
at the southeast corner of Lot 1, Block 3, BALFANY'S NORTHPORT 1ST ADDITION;
thence northeasterly along the extension of the southeasterly line of said lot distance 256.84
feet; thence northeasterly on a tangential curve to the right having a radius of 438.97 feet a
distance of 196.64 feet; thence easterly along tangent to said curve to the east line of Lot
35 and southerly of the following described line: Commencing at a point in the west line
of Lot 34 distant 256 feet south from the northwest corner thereof; thence easterly on a
curve to the right having a radius 498.97 feet a distance of 127.17 feet; thence easterly on
a tangent to said curve a distance of 35.68 feet to the east line of Lot 35, AUDITOR'S
SUBDIVISION NO. 216, Hennepin County, Minnesota.
1.06. The preliminary plat of"Brooklyn Center EDA First Addition" (the "Plat") has
been approved by the Brooklyn Center City Council which includes platting of the City Parcel,the
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EDA RESOLUTION NO. 2022-03
Authority Parcel, and the District Parcel into two lots subject to right-of-way being dedicated to
the City for Brooklyn Boulevard.
1.07. Under the Agreement, among other things, the City and the District will convey
any interest that they each have with respect to Lot 1, Block 2 of the Plat to the Authority.
1.08. Under the Agreement, among other things, the Authority and the City will convey
any interest that they each have with respect to Lot 1, Block 1 of the Plat to the District.
1.09. The Authority finds and determines that the exchange of land under the Land
Exchange Agreement is in the public interest and will further the objectives of its general plan of
economic development.
Section 2. Authority Approval; Further Proceedings.
2.01. The Board hereby approves the Agreement in substantially the form presented to
the Board, including the exchange and acceptance by the Authority of land as described above,
subject to modifications that do not alter the substance of the transaction and that are approved by
the President and Executive Director, provided that execution of the Agreement by those officials
shall be conclusive evidence of their approval.
2.02. Authority staff and officials are authorized to take all actions necessary to perform
the Authority's obligations under the Agreement as a whole, including without limitation
execution of any documents to which the Authority is a party referenced in or attached to the
Agreement, and other documents necessary to exchange th- •- •-• • .: - to and from
the Authority, all as described in the Agreement.
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January 10, 2022 , �
Date President
The motion for the adoption of the foregoing resolution was duly seconded by commissioner
Graves
and upon vote being taken thereon, the following voted in favor thereof:
Butler, Elliott, Graves, Lawrence-Anderson, Ryan
and the following voted against the same: None
whereupon said resolution was declared duly passed and adopted.
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