HomeMy WebLinkAbout1997-030 EDARCommissioner Kathleen Carmody introduced the following resolution and
moved its adoption:
EDA RESOLUTION NO. 97 30
RESOLUTION AUTHORIZING ACQUISITION OF CERTAIN REAL PROPERTY
WITHIN THE CITY OF BROOKLYN CENTER LOCATED AT 6944, 6950, 6956,
BROOKLYN BOULEVARD AND AUTHORIZING EXECUTION OF PURCHASE
AGREEMENT AND PAYMENT FOR ACQUISITION COSTS OF SAID
PROPERTY
WHEREAS, the Economic Development Authority in and for the City of Brooklyn
Center (EDA) is authorized, pursuant to Minnesota Statutes, Section 469.012, Subd. 1(7), within its
area of operation, and without the adoption of an urban renewal plan, to acquire real property and
to demolish or remove the buildings and improvements thereon; and
WHEREAS, the owner of the properties located at 6944, 6950, 6956 Brooklyn
Boulevard in the City of Brooklyn Center, legally described as:
Parcel 1 —The southeasterly 73rd Avenue North feet of Lot 13, Block 2,
LANE'S BROOKLYN CENTER ADDITION, except state highway
Parcel 2 —The northwesterly two feet of Lot 13 and the southeasterly 71 feet
of Lot 14, Block 2, LANE'S BROOKLYN CENTER ADDITION, except state
highway
Parcel 3 —Lot 15 and the northwesterly 4 feet of Lot 14, Block 2, LANE'S
BROOKLYN CENTER ADDITION, except state highway (the "property"), has
requested in writing that the EDA consider the purchase of said properties and
WHEREAS, the building located on the property is substandard and obsolescent within
the meaning of Minnesota Statutes, Section 469.012; and
WHEREAS, the sale price of the property is $300,000; and
WHEREAS, the owner of the property has agreed to sell the property to the EDA for
the sale price of $300,000 on a voluntary basis.
NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority
in and for the City of Brooklyn Center as follows:
1. The EDA hereby finds and determines that the property is substandard and
obsolete within the meaning of Minnesota Statutes, Section 469.012.
2. The terms of the purchase agreement for acquisition of6944, 6950, 6956 Brooklyn
Boulevard in Brooklyn Center are hereby approved and the President and
Executive Director of the Brooklyn Center Economic Development Authority are
hereby authorized to execute the purchase agreement on behalf of the Brooklyn
Center Economic Development Authority.
1
1
EDA RESOLUTION NO. 97 -30
3. The Brooklyn Center Economic Development Authority hereby authorizes
payment of $300,000 for the acquisition of 6944, 6950, 6956 Brooklyn
Boulevard in Brooklyn Center to be paid to the owner on the day of closing for
the property as per the terms and conditions of the purchase agreement.
4. All costs associated with the acquisition of 6944, 6950, 6956 Brooklyn Boulevard
shall be accounted for in the EDA redevelopment budget.
November 24, 1997
Date
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.
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, Kay Lasman, and Robert Peppe;