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HomeMy WebLinkAbout2003-009 EDAR1 1 its adoption: Septem Commissioner Kay Lasman introduced the following resolution and moved EDA RESOLUTION NO. 2003 -09 RESOLUTION AUTHORIZING ECONOMIC DEVELOPMENT AUTHORITY EXECUTIVE DIRECTOR TO EXECUTE PURCHASE AGREEMENTS FOR THE SALE OF THE EDA OWNED PROPERTIES LOCATED AT 5900 EMERSON AVENUE NORTH AND 5912 CAMDEN AVENUE NORTH WHEREAS, Economic Development Authority (EDA) Resolution No. 2003 -07 provided for a public hearing regarding the sale of the EDA owned properties located at 5900 Emerson Avenue North and 5912 Camden Avenue North (the properties) pursuant to Minnesota State Statutes; and WHEREAS, EDA Resolution No. 2003 -07 directed the EDA Executive Director to negotiate purchase agreements for the sale of the properties to Exceptional Homes, Inc.; and WHEREAS, the EDA opened the public hearing on the terms and conditions of the sale of the properties to Exceptional Homes, Inc. at its September 8, 2003, meeting and continued the public hearing to its September 22, 2003, meeting; and WHEREAS, after conducting a public hearing, the EDA considered the terms and conditions of the proposed sale of the properties to Exceptional Homes, Inc. as contained in the purchase agreements prepared for the sale of the properties; and WHEREAS, the EDA has determined it is in the best interest of the City of Brooklyn Center to sell the properties to Exceptional Homes, Inc. pursuant to the terms and conditions of the purchase agreements reviewed at its September 22, 2003, meeting. NOW, THEREFORE, BE IT RESOLVED by the EDA in and for the City of Brooklyn Center that the Executive Director is hereby authorized and directed to execute the purchase agreements and all of the other documents required for the sale of the EDA owned properties to Exceptional Homes, Inc. ber 22, 2003 L4dirL4L- Date Presi ent The motion for the adoption of the foregoing resolution was duly seconded by commissioner Diane Niesen and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Kathleen Carmody, Kay Lasman, Diane Niesen, and Bob Peppe; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted.