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HomeMy WebLinkAbout1990-011 EDARCommissioner Philip Cohen introduced the following resolution and moved its adoption: EDA RESOLUTION NO. 90 -1j RESOLUTION AUTHORIZING EXECUTION OF PURCHASE AGREEMENT FOR THE ACQUISITION OF 6730 PERRY AVENUE NORTH, BROOKLYN CENTER, ACCEPTING RELOCATION CLAIM FORM AND AUTHORIZING PAYMENT FOR ACOUISITION COSTS AND RELOCATION COSTS, WHEREAS, on August 13, 1990, the Brooklyn Center Economic Development Authority approved Resolution 90 -07, Resolution Establishing Offer of Just Compensation for the Purchase of Real Property Located at 6730 Perry Avenue North in Brooklyn Center, and WHEREAS, Resolution 90 -07 established the fair market value of the real property located at 6730 Perry Avenue North and authorized the Economic Development Authority staff to make a written offer of $43,000.00 to the owner of the real property at 6730 Perry Avenue North for the acquisition of the property, and WHEREAS, the owner of the real property described in Resolution 90 -07 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 located at 6730 Perry Avenue North, and WHEREAS, the owner of the property at 6730 Perry Avenue North has received a Notice of Relocation Eligibility informing her of her eligibility for relocation assistance under the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 as amended (Uniform Relocation Act), and WHEREAS, Conworth, Inc., the Economic Development Authority's relocation consultant, has prepared a relocation claim form for relocation benefits associated with the relocation of the owner of 6730 Perry Avenue North in the amount of $19,881.10. NOW, THEREFORE, BE IT RESOLVED by the Brooklyn Center Economic Development Authority that: 1. The terms of the purchase agreement for acquisition of 6730 Perry Avenue North in Brooklyn Center are hereby approved and the president and secretary 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 relocation claim form listing relocation benefits for the owner of 6730 Perry Avenue North is hereby approved. RESOLUTION NO. 90 -11 3. The Brooklyn Center Economic Development Authority hereby authorizes two separate payments of $43,000.00 for the acquisition of 6730 Perry Avenue North in Brooklyn Center and $19,881.10 for the relocation assistance benefits as described in the relocation claim form submitted by Conworth Inc., to be paid to the owner on the day of closing for the property at 6730 Perry Avenue North as per the terms of the purchase agreement. 4. The Brooklyn Center Economic Development Authority hereby acknowledges an additional amount to be paid to the owner of 6730 Perry Avenue North for eligible replacement home settlement /closing costs under the Uniform Relocation Act. This additional payment shall be approved by the Brooklyn Center Economic Development Authority prior to payment to the owner. October 15, 1990 Date Presiden 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: Dean Nyquist, Todd Paulson, Jerry Pedlar, and Philip Cohen; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.