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HomeMy WebLinkAbout1994-010 EDAR1 Commissioner Dave Rosene resolution and moved its adoption: EDA RESOLUTION NO. 94 -10 introduced the following RESOLUTION AUTHORIZING THE ACQUISITION OF CERTAIN REAL PROPERTY WITHIN THE CITY OF BROOKLYN CENTER AND ESTABLISHING OFFER OF JUST COMPENSATION FOR SAID PROPERTY LOCATED AT 6933 BROOKLYN BOULEVARD IN BROOKLYN CENTER WHEREAS, the Economic Development Authority in and for the City of Brooklyn Center (EDA) has received an appraisal of the lot valuation of the property at 6933 Brooklyn Boulevard from the City's Assessing Department; and WHEREAS, the EDA is authorized, pursuant to Minnesota Statutes Section 469.012, Subd. 7, within its area of operation, and without the adoption of an urban renewal plan, to acquire real property and to demolish or remove the buildings and improvements thereon; and WHEREAS, the owner of the property located at 6933 Brooklyn Boulevard in the City of Brooklyn Center, legally described as Lot 2, Block 1, Sunset Manor (the property), has requested that the EDA consider the purchase of the property; and WHEREAS, the building located on the property has been damaged substantially by fire and is substandard and obsolescent and that such condition is detrimental to the public health, safety and welfare of the community; and WHEREAS, the EDA has received the appraisal of the lot value of the property which establishes the market value for the lot at $17,500. NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority in and for the City of Brooklyn Center as follows: 1. The EDA hereby finds and determines that the property is substandard and obsolete within the meaning of Minnesota Statutes Section 469.012. 2. The lot appraisal documentation described in paragraph 1 of this resolution is hereby accepted as establishing the fair market value of the lot at 6933 Brooklyn Boulevard contingent on demolition and removal of the existing structures on the property. 4. The Executive Director is authorized to make a written offer of $12,000 to the owner of the real property at 6933 Brooklyn Boulevard. Said offer is 1 EDA Resolution No. 94 -10 March 28, 1994 Date the result of deducting the estimated cost of demolition ($5,500) from the established fair market value of the lot ($17,500). 5. The Executive Director is hereby authorized to take such further action as may be necessary to acquire the property under the terms and conditions of this resolution. Todd Paulson, President The motion for the adoption of the foregoing resolution was duly seconded by Commissioner Barb Kalligher and upon vote being taken thereon, the following voted in favor thereof: Todd Paulson, Dave Rosene, and Barb Kalligher; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.