HomeMy WebLinkAbout1992-042 EDARCommissioner Dave Rosene introduced the following
resolution and moved its adoption:
EDA RESOLUTION NO.
92 -42
RESOLUTION APPROVING THE PURCHASE OF REAL PROPERTY AT
6525 -29 WILLOW LANE; AUTHORIZING EXECUTION OF PURCHASE
AGREEMENT
WHEREAS, the Board of Commissioners of the Economic
Development Authority in and for the City of Brooklyn Center,
Minnesota (EDA) has determined that it is in the best interests of
the EDA and the public to acquire certain real estate located at
6525 -29 Willow Lane in the City of Brooklyn Center (the Property);
and
WHEREAS, the EDA staff has negotiated a proposed purchase
agreement between Irwin Ketroser, the owner of the Property, and
the EDA.
NOW, THEREFORE, BE IT RESOLVED:
1. The Board of Commissioners hereby approves the
purchase by the EDA of the property located at
6525 -29 Willow Lane in the City of Brooklyn Center,
legally described on the attached Exhibit A, for
the purchase price of $335,000 and subject to the
terms and conditions of the purchase agreement
between Irwin Ketroser and the EDA.
2. The President and Secretary are authorized and
directed to execute the purchase agreement between
Irwin Ketroser and the EDA for the purchase of the
Property and all other documents necessary to the
completion of the purchase transactio
November 23, 1992
Date 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.