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HomeMy WebLinkAbout1996-016 EDAR1 1 Commissioner Kristen Mann introduced the following resolution and moved its adoption: EDA RESOLUTION NO. 96 16 RESOLUTION AUTHORIZING PRESIDENT AND EXECUTIVE DIRECTOR TO EXECUTE PURCHASE AGREEMENT FOR THE SALE OF THE EDA OWNED PROPERTY LOCATED AT 5449 EMERSON AVENUE NORTH IN BROOKLYN CENTER WHEREAS, EDA Resolution No. 96 -14 provided for a public hearing regarding the sale of the EDA -owned property located at 5449 Emerson Avenue North (the "Property") and legally described as Lot 3, Block 2, N and E Perkin's Addition to Minneapolis, according to the plat thereof on file and of record in the Office of the County Recorder in and for the County of Hennepin, State of Minnesota, to Howard Bohanon Homes, Inc., for $15,000; and WHEREAS, the Brooklyn Center EDA held the public hearing on the sale of the property at its May 13, 1996, EDA meeting; and WHEREAS, after conducting a public hearing the EDA considered the terms and conditions of the proposed sale of the property to Howard Bohanon Homes, Inc., as contained in the purchase agreement prepared for the sale of the property; and WHEREAS, the Brooklyn Center EDA has determined it is in the best interest of the City of Brooklyn Center to sell the property to Howard Bohanon Homes, Inc., pursuant to the terms and conditions of the purchase agreement reviewed at their May 13, 1996, meeting. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority in and for the City of Brooklyn Center that its President and Executive Director are hereby authorized and directed to execute the purchase agreement and all other documents required for the sale of the EDA -owned property located at 5449 Emerson Avenue North to Howard Bohanon Homes, Inc. May 13, 1996 Date VAreL__ President The motion for the adoption of the foregoing resolution was duly seconded by commissioner Kathleen Carmody and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Kathleen Carmody, Debra Hilstrom, Kristen Mann, and Charles Nichols; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.