HomeMy WebLinkAbout1991-014 EDAR1
Commissioner Philip Cohen introduced the following resolution
and moved its adoption:
EDA RESOLUTION NO. 91 -14
RESOLUTION AUTHORIZING THE ACQUISITION OF CERTAIN REAL PROPERTY
WITHIN THE CITY OF BROOKLYN CENTER
WHEREAS, the Economic Development Authority for the City of
Brooklyn Center (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 and to demolish or remove
the buildings and improvements thereon; and
WHEREAS, the owner of the property located at 5449 Emerson Avenue
North in the City of Brooklyn Center (the "Property has requested that the
EDA consider the purchase of the Property; and
WHEREAS, the building located on the Property is dilapidated and
obsolescent and that such dilapidation and obsolescence is detrimental to the
public health, safety and welfare of the community; and
WHEREAS, the EDA has received an appraisal and a review appraisal
which establish that the market value for the Property is in a range between
$12,000 and $20,000.
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the
Economic Development Authority for the City of Brooklyn Center as follows:
1. The EDA hereby finds and determines that the Property is
dilapidated and obsolete within the meaning of Minnesota
Statutes, Section 469.012.
2. The Executive Director of the EDA is hereby authorized to
negotiate and enter into a purchase agreement for the
acquisition of the Property at a price within the range of
market value established by the review appraisal referenced
herein, but at a price within such range which the Executive
Director determines is appropriate. The Executive Director is
authorized to take such further actions as may be necessary to
acquire the Property.
June 10, 1991
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:
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.