HomeMy WebLinkAbout1997-031 EDARCommissioner Kay La sman introduced the following resolution and
moved its adoption:
EDA RESOLUTION NO. 97 31
RESOLUTION AUTHORIZING ACQUISITION OF CERTAIN REAL PROPERTY
WITHIN THE CITY OF BROOKLYN CENTER LOCATED AT 6945 JUNE
AVENUE NORTH 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 6945 June Avenue North in the
City of Brooklyn Center, legally described as:
Lot 1, Block 2, Lane's Brooklyn Center Addition
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 $75,900; and
WHEREAS, the owner of the property has agreed to sell the property to the EDA for
the sale price of $75,900 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 of 6945 June Avenue North,
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.
3 The Brooklyn Center Economic Development Authority hereby authorizes
payment of $75,900 for the acquisition of 6945 June Avenue North, 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.
EDA RESOLUTION NO. 97 -31
4. All costs associated with the acquisition of 6945 June Avenue North, shall be
accounted for in the EDA redevelopment budget.
December 15, 1997
Date President
The motion for the adoption of the foregoing resolution was duly seconded by commissioner
Kathleen Carmody
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.
and upon vote being taken thereon, the following voted in favor