HomeMy WebLinkAbout1989-019 EDAR1
Member Celia Scott introduced the following
resolution and moved its adoption:
EDA RESOLUTION NO. 89 -19
RESOLUTION AUTHORIZING THE SALE OF PROPERTY
WHEREAS, the Economic Development Authority in and for
the City of Brooklyn Center (EDA) on July 10, 1989, declared the
property legally described in the attached Exhibit A (the
"Property to be excess property and directed the Executive
Director to seek offers for the purchase of the Property; and
WHEREAS, the EDA has received several offers for the
purchase of the Property, including an offer from David Brandvold
to purchase the Property at a purchase price of $18,000; and
WHEREAS, the EDA finds the offer of $18,000 to be the
most reasonable of the offers received and find it to be in the
best interest of the EDA to sell the Property to David Brandvold
at a price of $18,000.
NOW, THEREFORE, BE IT RESOLVED by the Economic
Development Authority in and for the City of Brooklyn Center as
follows:
1
1. The President and Executive Director are hereby
authorized to enter into a purchase agreement for
the sale of the Property to David Brandvold at a
purchase price of $18,000 and to take such steps as
are necessary to complete the sale of the Property.
2. The purchase agreement is conditioned to provide
the Economic Development Authority the right to
review and approve the design and material used for
the exterior of the house to be built prior to
closing on the property.
Date Presid it
August 14, 1989
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,
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.
RESOLUTION NO. 89 -19
EXHIBIT A
LEGAL DESCRIPTION
Lot 15, Block 4, Bellvue Acres, North 63 feet
of that park lying east of west 110 feet
thereof except street.