HomeMy WebLinkAbout1997-010 EDAR1
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Commissioner Kathleen Carmody introduced the following resolution and
moved its adoption:
EDA RESOLUTION NO. 97 -10
RESOLUTION AUTHORIZING ADMINISTRATIVE SETTLEMENT FOR
ACQUISITION OF PROPERTY IN THE 53RD AVENUE DEVELOPMENT
AND LINKAGE PROJECT
WHEREAS, Resolution No. 96 -33 established just compensation for various
properties located in the 53rd Avenue Development and Linkage Project; and
WHEREAS, Resolution No. 96 -33 established just compensation for the property
located at 710 -53rd Avenue North at $57,000; and
WHEREAS, the owner of 710 -53rd Avenue North requires additional funds in
excess of $57,000 to pay off existing debt on the property at 710 -53rd Avenue North and proceed
with the sale of 710 -53rd Avenue North to the Brooklyn Center EDA; and
WHEREAS, the Brooklyn Center EDA desires to expedite the acquisition of 710-
53rd Avenue North; and
WHEREAS, the Uniform Relocation Assistance and Real Property Acquisition
Policies Act of 1970, as amended (Uniform Relocation Act), allows the acquiring agency to
provide for an administrative settlement which would allow the Brooklyn Center EDA to increase
the offer of just compensation; and
WHEREAS, the dollar amount required to provide the owner of 710 -53rd Avenue
North with the necessary funds to proceed with the sale of 710 -53rd Avenue North to the
Brooklyn Center EDA is $3,000; and
WHEREAS, by increasing the offer to the owner of 710 -53rd Avenue North the
overall payment to the owner of 710 -53rd Avenue North will not increase due to the
corresponding decrease by $3,000 in the replacement housing payment claim
NOW, THEREFORE, BE IT RESOLVED by the Economic Development
Authority in and for the City of Brooklyn Center that the offer of just compensation made to the
owner of 710 -53rd Avenue North, as part of the acquisition of properties in the 53rd Avenue
Development and Linkage Project, is hereby increased from $57,000 to $60,000 with the
understanding that the replacement housing payment to the owner of 710 -53rd Avenue North will
be decreased by a corresponding $3,000.
1 February 24, 1997
Date
c54-4%-
President
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EDA RESOLUTION NO. 97 -10
The motion for the adoption of the foregoing resolution was duly seconded by commissioner
Kay Lasman and upon vote being taken thereon, the following voted in
favor thereof:
Myrna Kragness, Kathleen Carmody, Debra Hilstrom, Kay Lasman, and Robert Peppe;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.