HomeMy WebLinkAbout1989-017 EDAR1
Member Celia Scott
resolution and moved its adoption:
EDA RESOLUTION NO. 89 -17
RESOLUTION DECLARING CERTAIN LANDS TO BE EXCESS
PROPERTY AND AUTHORIZING THE SALE OF SAME
WHEREAS, on February 13, 1989, the EDA purchased and
acquired that tract and parcel of land legally described as that
part of Lot 15 lying east of the west 110 feet, except the south
63 feet thereof, Block 4 Bellvue Acres; and
WHEREAS, at the time of such purchase the EDA
reasonably contemplated that the Property would be made available
for development pursuant to Minnesota Statutes, Chapter 462; and
WHEREAS, subsequent to such purchase the EDA has
ascertained that it is unreasonable to expect that a project
involving or including the Property could be established and
carried out within any foreseeable time.
NOW, THEREFORE, BE IT RESOLVED by the Economic
Development Authority in and for the City of Brooklyn Center as
follows:
1. The Property is declared to be in excess of the
foreseeable needs of the EDA; and as such is
declared to be excess property.
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 the notice contained in the attached
Exhibit A.
4. The Director may negotiate with any offerer 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 at its
meeting on August 14, 1989, concerning any
recommendations which he may have regarding the
sale of the Property.
July 10, 1989
Date
introduced the following
4;7
Presid
The motion for the adoption of the foregoing resolution was duly
seconded by Commissioner Todd Paulson and upon vote being
taken thereon, the following voted in favor thereof:
Dean Nyquist, Celia Scott, Todd Paulson, Jerry Pedlar, and Philip Cohen;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.