HomeMy WebLinkAbout1992-047 EDAR1
1
Commissioner Dave Rosene introduced the following
resolution and moved its adoption:
December 28, 1992
EDA RESOLUTION NO. 92 -47
RESOLUTION AUTHORIZING THE PURCHASE OF 6717 AND 6721
HUMBOLDT AVENUE NORTH
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
6717 and 6721 Humboldt Avenue North in the City of Brooklyn Center
(the Property); and
WHEREAS, the EDA staff has negotiated a proposed
purchase agreement between the Department of Housing and Urban
Development (HUD), 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 properties located at
6717 and 6721 Humboldt Avenue North in the City of
Brooklyn Center, legally described on the attached
Exhibit A, for the purchase price of $73,800 each
and subject to the terms and conditions of the
purchase agreement between HUD and the EDA.
2. The President and Secretary are authorized and
directed to execute the purchase agreement between
HUD and the EDA for the purchase of the Property
and all other documents necessary to the completion
of the purchase transaction.
Date To Paulson, President
The motion for the adoption of the foregoing resolution was duly
seconded by Commissioner Celia Scott 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.