HomeMy WebLinkAbout1985-007 HRARMember Celia Scott introduced the following resolution and moved
its adoption:
HRA RESOLUTION NO. 85-07
RESOLUTION APPROVING THE PURCHASE OF CERTAIN REAL PROPERTY IN THE CITY OF
BROOKLYN CENTER; AND AUTHORIZING THE EXECUTION OF A PURCHASE AGREEMENT
BE IT RESOLVED by the Housing and Redevelopment Authority of the City of
Brooklyn Center (Authority) as follows:
Section 1. Background.
1.01. The Authority on its own initiative has prepared a redevelopment
plan and program (Redevelopment Plan) for the area in the City of Brooklyn Center
generally known as the Earle Brown Farm Area (Study Area) in accordance with
Minnesota Statutes Sections 462.411 to 462.716 (Redevelopment Act) and has prepared
a tax increment financing plan (TIF Plan) in accordance with Minnesota Statutes,
Sections 273.71 to 273.78 (TIF Act).
1.02. The Redevelopment Plan and TIF Plan are contained in a document
entitled "Earle Brown Farm Redevelopment Plan and Tax Increment District Plan"
dated July 22 , 1985, now on file with the Authority.
1.03. The Redevelopment Plan and TIF Plan have been, in accordance with
the Acts, referred to the City of Brooklyn Center Planning Commission which by
action taken on June 27, 1985, has commented on the Redevelopment Plan and TIF Plan
and found them to conform to and not be in conflict with the general plan for the
development of the City as a whole.
1.04. The City Council has after conducting the required public hearing
and complying with the procedures set out in the Acts, approved the Redevelopment
Plan and TIF Plan and established the Redevelopment District and the TIF District.
1.05. The Redevelopment Plan and TIF Plan provides for the acquisition by
the Authority of the real property described in the Purchase Agreement attached
hereto as Exhibit 1, in order to accomplish the purpose contained in the
Redevelopment Plan.
Section 2. Authorization of Acquisition of Property.
2.01. The Authority is authorized to purchase the real property described
in Exhibit 1 in accordance with the terms contained in the Purchase Agreement
attached hereto.
2.02. The Purchase Agreement attached hereto as Exhibit 1 is approved.
The Authority's Chairman and Executive Director are directed and authorized to
execute the Purchase Agreement on behalf of the Authority.
July 22, 1985 e
Date Chairman
RESOLUTION NO. 85-07
The motion for the adoption of the foregoing resolution was duly seconded by
member Bill Hawes , and upon vote being taken thereon, the following voted
in favor thereof: Dean Nyquist, Gene Lhotka, Celia Scott, Bill Hawes,
and Rich Theis;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.