HomeMy WebLinkAbout1994-016 EDAR1
Commissioner Celia Scott
following resolution and moved its adoption:
EDA RESOLUTION NO. 94 -16
introduced the
RESOLUTION AUTHORIZING EXECUTION OF PURCHASE AGREEMENT
FOR THE ACQUISITION OF 6933 BROOKLYN BOULEVARD AND
AUTHORIZING PAYMENT FOR ACQUISITION COST
WHEREAS, on March 28, 1994, the Brooklyn Center Economic
Development Authority approved Resolution No. 94 -10, 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; and
WHEREAS, Resolution No. 94 -10 established the fair
market value of the real property located at 6933 Brooklyn
Boulevard and authorized the Economic Development Authority staff
to make a written offer of $12,000 to the owner of the real
property at 6933 Brooklyn Boulevard for the acquisition of the
property; and
WHEREAS, the owner of the real property described in
Resolution No. 94 -10 has accepted the Economic Development
Authority's offer of just compensation and has agreed to execute
a purchase agreement for the acquisition of the real property; and
NOW, THEREFORE, BE IT RESOLVED by the Brooklyn Center
Economic Development Authority that:
1. The terms of the purchase agreement for acquisition
of 6933 Brooklyn Boulevard in Brooklyn Center are
hereby approved and the President and Executive
Director of the Brooklyn Center Economic
Development Authority are hereby authorized to
execute the purchase agreement on behalf of the
Brooklyn Center Economic Development Authority.
2. The Brooklyn Center Economic Development Authority
hereby authorizes payment of $12,000 for the
acquisition of 6933 Brooklyn Boulevard in Brooklyn
Center to be paid to the owner on the day of
closing for the property at 6933 Brooklyn Boulevard
as per the terms of the purchase agreement.
May 9, 1994
Date
3. All costs associated with the acquisition of 6933
Brooklyn Boulevard shall be accounted for in the
EDA Spot Renewal Program.
Todd Paulson, President
1
EDA Resolution No. 94 16
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, Celia Scott, Dave Rosene, Barb Kalligher, and Kristen Mann;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.