HomeMy WebLinkAbout1996-027 EDAR1
1
Commissioner Kathleen Carmody introduced the following resolution and
moved its adoption:
EDA RESOLUTION NO. 96 -27
RESOLUTION APPROVING AMENDMENT TO PRELIMINARY
DEVELOPMENT AGREEMENT PROVIDING AN EXTENSION OF THAT
AGREEMENT BY AND BETWEEN THE ECONOMIC DEVELOPMENT
AUTHORITY IN AND FOR THE CITY OF BROOKLYN CENTER AND
DAVID NELSON
WHEREAS, the Economic Development Authority in and for the City of Brooklyn
Center (the "Authority entered into a Preliminary Development Agreement (the "Agreement
with David Nelson dated December 11, 1995, regarding development of certain property in the
city, for a term of 180 days after its date; and
WHEREAS, the Authority has now determined to extend the term of that
Agreement until May 31, 1997, and has prepared a First Amendment to Preliminary Development
Agreement (the "Amendment reflecting that modification.
NOW, THEREFORE, BE IT RESOLVED by the Economic Development
Authority in and for the City of Brooklyn Center that the First Amendment to the Preliminary
Development Agreement is hereby approved and the President and Executive Director are
authorized to execute the Amendment on behalf of the Authority.
November 12, 1996
Date
/11. ate
President
The motion for the adoption of the foregoing resolution was duly seconded by commissioner
Kristen Mann 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.