HomeMy WebLinkAbout1992-018 EDARCommissioner Celia Scott introduced the following
resolution and moved its adoption:
EDA RESOLUTION NO.
R
RESOLUTION AUTHORIZING SALE OF CERTAIN PROPERTY PURSUANT
TO MINNESOTA STATUTES, SECTION 469.012, SUBDIVISION 7,
AND SECTION 469.029
WHEREAS, the EDA is authorized, pursuant to Minnesota
Statutes, Section 469.012, Subdivision 7, within its area of
operation, and without the adoption of an urban renewal plan, to
acquire real property, demolish the buildings and improvements
thereon and sell such property in accordance with Minnesota
Statutes, Section 469.029, as long as the buildings on such real
property are substandard; and
WHEREAS, the EDA has determined that the building
located on the Property described below was dilapidated and
obsolescent and the clearance thereof was in the best interest of
the public health and welfare of the City of Brooklyn Center; and
WHEREAS, on September 25, 1991, the EDA purchased and
acquired that tract and parcel of land legally described as: Lot
3, Block 2, N and E Perkin's Addition to Minneapolis, according to
the plat thereof on file and of record in the Office of the County
Recorder in and for the County of Hennepin, State of Minnesota
(5449 Emerson Avenue North) (the "Property and
WHEREAS, the Property was purchased and the building
thereon was demolished by the EDA using Economic Development
Authority funds pursuant to Minnesota Statutes, Section 469.012,
Subdivision 7.
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 public health,
safety and welfare of the community that the EDA
sell the Property in accordance with Minnesota
Statutes, Sections 469.012, Subdivision 7, and
469.029.
2. The Director is authorized and directed to seek
offers to purchase the property at a price and on
such terms as shall be subject to the further
review and acceptance by the EDA.
3. The Director, in discharging such directive, shall
cause to be published in the official newspaper of
the City and /or such other publication the Director
deems appropriate the notice contained in the
1
EDA Resolution No. 92 -18
May 26, 1992
Date
attached Exhibit A and such other notices as the
Director deems appropriate.
4. The Director is authorized to negotiate with the
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.
5. The Director shall report to the Board of
Commissioners of the EDA concerning any
recommendations which he may have regarding the
sale of the Property.
Todd Paulson, President
The motion for the adoption of the foregoing resolution was duly
seconded by Commissioner Jerry Pedlar and upon vote being
taken thereon, the following voted in favor thereof:
Todd Paulson, 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.