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HomeMy WebLinkAbout1995-014 EDAR1 1 Commissioner Debra Hilstrom introduced the following resolution and moved its adoption: EDA RESOLUTION NO. 95 14 RESOLUTION AUTHORIZING EXECUTION OF PURCHASE AGREEMENT FOR SALE OF 5305 BRYANT AVENUE NORTH TO TWIN CITIES HABITAT FOR HUMANITY WHEREAS, Minnesota Statutes Section 469.029, Subd. 2, requires a public hearing for the sale of land by the Economic Development Authority in and for the City of Brooklyn Center (EDA); and WHEREAS, EDA Resolution 95 -11 provided for a public hearing regarding the sale of land owned by the EDA to Twin Cities Habitat for Humanity and legally described as: The South 1/2 of the following described property: The East 1/2 of that part of Lot 9, lying Fast of Colfax Avenue North, and the East 14 feet of the West 1/2 of that part of Lot 9, lying East of Colfax Avenue North, all in Block 4, Bellevue Acres (5305 Bryant Avenue North) (the "property"); and WHEREAS, EDA Resolution 95 -11 authorized the EDA Executive Director to negotiate a purchase agreement for the sale of the property to Twin Cities Habitat for Humanity for $1.00; and WHEREAS, the Brooklyn Center EDA has held a public hearing regarding the sale of the property pursuant to Minnesota Statutes Section 469.029, Subd. 2; and WHEREAS, the EDA Executive Director has prepared a purchase agreement for the sale of the property to Twin Cities Habitat for Humanity. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority in and for the City of Brooklyn Center that the terms and conditions of the purchase agreement for the sale of the property to Twin Cities Habitat for Humanity are hereby approved. April 24, 1995 Date 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, Kristen Mann, Debra Hilstrom, and Kathleen Carmody; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted. o fresident