HomeMy WebLinkAbout1992-001 EDAR1
Commissioner Philip Cohen introduced the following resolution
and moved its adoption:
EDA RESOLUTION NO. 92
RESOLUTION AUTHORIZING EXECUTION OF PURCHASE AGREEMENT AND CONTRACT
FOR DEED FOR THE SALE OF THE EDA OWNED PROPERTY AT 6730 PERRY
AVENUE NORTH IN BROOKLYN CENTER
WHEREAS, the Brooklyn Center Economic Development Authority (EDA),
by Resolution 91 -16, authorized the sale of the EDA owned property located at
6730 Perry Avenue North in Brooklyn Center and legally described as: Lot 3,
Block 3, Marstan Place, according to the plat thereof on file or of record in
the office of the Registrar of Titles in and for the County of Hennepin, State
of Minnesota (6730 Perry Avenue North) "the property and
WHEREAS, Resolution 91 -16 authorizes the EDA Director to negotiate
with any prospective purchaser as to the purchase price and terms of sale
provided, however, that no offer may be accepted unless approved by the Board
of Commissioners of the EDA; and
WHEREAS, the EDA Director has negotiated a purchase agreement and
contract for deed for the sale of the property to Thermasave Building Products,
Inc.; and
WHEREAS, the EDA has held a public hearing regarding the proposed
sale of the property pursuant to Minnesota Statutes, Section 469.029,
Subdivision 2;
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 it is in the best
interest of the EDA and the City of Brooklyn Center to sell
the property to Thermasave Building Products, Inc., pursuant
to the terms and conditions of the purchase agreement and
contract for deed negotiated by the EDA Director.
2. The EDA President and Director are hereby authorized to
execute the purchase agreement and contract for deed for the
sale of the property to Thermasave Building Products, Inc.
January 13, 1992
Date Todd Paulson, President
The motion for the adoption of the foregoing resolution was duly seconded by
Commissioner Dave Rosene and upon vote being taken thereon, the
following voted in favor thereof:
Celia Scott, Jerry Pedlar, Dave Rosene, and Philip Cohen;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.
Todd Paulson abstained