Loading...
HomeMy WebLinkAbout1996-034 EDAR1 Commissioner Kathleen Carmody introduced the following resolution and moved its adoption: EDA RESOLUTION NO. 96 -34 RESOLUTION APPROVING FORM OF OCCUPANCY AGREEMENT FOR 53RD AVENUE DEVELOPMENT AND LINKAGE PROJECT AND APPROVING SCHEDULE OF VALUES FOR VARIOUS SALVAGE ITEMS FROM THE PROPERTIES IN THE 53RD AVENUE DEVELOPMENT AND LINKAGE PROJECT WHEREAS, Council Resolution No. 96 -214 directed the Economic Development Authority in and for the City of Brooklyn Center "Brooklyn Center EDA to administer and execute the 53rd Avenue Development and Linkage Project, including administration and execution of all project activities; and WHEREAS, the Brooklyn Center EDA is responsible for all property acquisitions in the 53rd Avenue Development and Linkage Project; and WHEREAS, it is the desire of the Brooklyn Center EDA to allow homeowners and tenants displaced by the 53rd Avenue Development and Linkage Project to remain in the homes acquired by the EDA through the end of the current school year; and WHEREAS, an agreement has been prepared to provide for the continued occupancy of the acquired properties by homeowners and tenants beyond the date of closing through the end of the current school year; and WHEREAS, some homeowners have expressed an interest in salvaging certain household fixtures and items; and WHEREAS, it is the intent of the EDA to allow homeowners to salvage certain household fixtures and items; and WHEREAS, a Schedule of Salvage Costs has been prepared to facilitate the salvaging of specific household fixtures and items by homeowners. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority in and for the City of Brooklyn Center as follows: 1. The terms of the Occupancy Agreement attached to this resolution are hereby approved. 2. The vacation date for properties in the 53rd Avenue Development and Linkage Project shall be no later than June 30, 1997. EDA RESOLUTION NO. 96 -34 3. The Schedule of Salvage Costs attached to this resolution is hereby approved, and any items salvaged from the homes acquired in the 53rd Avenue Development and Linkage Project shall be done so according to the Schedule of Salvage Costs, and said costs shall be deducted from the fmal payout for the acquisition of the property at closing. December 16, 1996 Date j)Itvâ– ,L_ 0 Presi'ent 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 Debra Hilstrom and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Kathleen Carmody, Debra Hilstrom, and Charles Nichols; 1 1 RESOLUTION NO. 96 OCCUPANCY AGREEMENT THIS OCCUPANCY AGREEMENT entered into this day of 1996, by and between "Sellers and the Economic Development Authority in and for the City of Brooklyn Center "Buyer RECITALS 1. Sellers and Buyer have entered into a Purchase Agreement for the sale of Hennepin County, Minnesota "Subject Property dated 1996 (the "Purchase Agreement 2. The Purchase Agreement provides for delivery of possession of the Subject Property on the date of closing. 3. The parties desire to close the sale of the Subject Property on 1996, and deliver possession on or before The parties agree as follows: AGREEMENT 1. Delivery of Possession. Sellers shall deliver possession of the Subject Property to Buyer on or before 1996. Seller shall give Buyer at least seven (7) days written notice prior to vacating the Subject Property. 2. Rent. Sellers may occupy the Subject Property through 1996, without paying rent to Buyers 3. No Damage. Sellers agree not to cause damage to the Subject Property or to any structure located on the Subject Property and agree to deliver possession of the Subject Property to the Buyer in substantially the same condition as existed on 1996. 4. Utility Bills. Sellers agree to pay for all utility services to the Subject Property through the last day of their occupancy. Utility services include the following: sewer and water, electricity, gas, telephone, garbage collection and cable television. 5 Insurance. Sellers agree to obtain comprehensive personal liability insurance coverage in the minimum amount of $100,000 naming the Economic Development Authority in and for the City of Brooklyn Center as an additional insured party. The policy must be kept in force through the last date of occupancy on the Subject Property. 1 RESOLUTION NO. 96 6. Uninsured Damages. Sellers are responsible for any and all damages that may occur to the Subject Property before the last date of occupancy that are not covered by insurance. 7. Removal of Personal Property. Sellers are responsible for the removal of all personal belongings from the Subject Property before the delivery of possession of the Subject Property to the Buyer. SELLERS: BUYER: ECONOMIC DEVELOPMENT AUTHORITY IN AND FOR THE CITY OF BROOKLYN CENTER RESOLUTION NO. 96 -34 SCHEDULE OF CHARGES FOR SALVAGE ITEMS 53RD AVENUE DEVELOPMENT AND LINKAGE PROJECT ITEM SALVAGE COST TO OWNER Furnace $100 Water Heater $50 Water Softener $50 Central Air Conditioning Unit $100 Ceiling Fan $25 Miscellaneous fixtures (fireplace manels, cabinets, vanities, etc., to be negotiated) *Cost of item(s) will be deducted from payout to owner at closing.