HomeMy WebLinkAbout1994-027 EDAR1
1
Commiss��er Kristen Mann introduced the following resolution
and moved its adoption:
EDA RESOLUTION NO. q4 -77
RESOLUTION DIRECTING THE NEGOTIATION OF A PURCHASE
AGREEMENT FOR 7000 BROOKLYN BOULEVARD
WHEREAS, the Marquette Bank Brookdale (the "Owner is the Owner of certain
real property in the City of Brooklyn Center located at 7000 Brooklyn Boulevard (the "Subject
Property and
WHEREAS, the Subject Property is within the area of Housing Development and
Redevelopment Project No. 1; and
WHEREAS, the Owner has offered to sell the Subject Property to the Economic
Development Authority in and for the City of Brooklyn Center (the "Authority for the sum of
One Hundred Seventy -one Thousand Dollars ($171,0000); and
WHEREAS, the Authority has determined that the purchase price of the Subject
Property is fair and reasonable and that the acquisition of the Subject Property for redevelopment
purposes is necessary or expedient and is in the best interest of the public.
NOW, THEREFORE, BE IT RESOLVED by the Economic Development
Authority in and for the City of Brooklyn Center that the Authority's staff and legal counsel are
authorized and directed to negotiate with the Owner a purchase agreement for the Subject
Property for later consideration by the Authority.
June 27. 1994
Date
Todd Paulson, President
The motion for the adoption of the foregoing resolution was duly seconded by commissioner
Celia Srott and upon vote being taken thereon, the following voted
in favor thereof: Todd Paulson, Celia Scott, Dave Rosene,
Barb Kalligher, and Kristen Mann;
and the following voted against the same:
whereupon said resolution was declared duly passed and adopted.