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HomeMy WebLinkAbout2007-001 HRARCommissioner Mark Yelich introduced the following resolution and moved its adoption: HRA RESOLUTION NO. 2007-01 HRA RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF A PARKING ACCESS AND PEDESTRIAN LINK EASEMENT AGREEMENT BETWEEN THE ECONOMIC DEVELOPMENT AUTHORITY, THE CITY OF BROOKLYN CENTER, AND BROOKLYN HOTEL PARTNERS, LLC WHEREAS, the Economic Development Authority in and for the City of Brooklyn Center, Minnesota (the "EDA") has heretofore entered into a Development Agreement (the "Development Agreement") between the EDA, the City of Brooklyn Center and Brooklyn Hotel Partners, LLC, a Minnesota limited liability company (the "Developer") in connection with a hotel development (the "Project") to be constructed by the Developer; and WHEREAS, the Housing and Redevelopment Authority in and for the City of Brooklyn Center (the "Authority"), as the owner of the land for the Earle Brown Heritage Center is a party to an easement agreement attached to the Development Agreement; and WHEREAS, the EDA has caused to be prepared an Amendment to Development Agreement (the "Amendment") between the EDA and the Developer providing for, among other things, a later closing date for purchase and construction of phase one of the development, and making certain changes to the reciprocal easement agreement attached to the Development Agreement (the "Easement Agreement") among the EDA, the Authority and the Developer. NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Housing and Redevelopment Authority in and for the City of Brooklyn Center, that the Board of Commissioners hereby approves the Parking, Access and Pedestrian Link Easement Agreement attached to the Amendment in substantially the form on file with the Authority, and hereby ratifies all prior actions heretofore taken by the EDA or Authority in connection with the Amendment, Easement Agreement and the Project. The Executive Director of the Authority is hereby authorized to execute the Easement Agreement on behalf of the Authority. Julv 23, 20071 Date 4President Cha6r The motion for the adoption of the foregoing resolution was duly seconded by commissioner Dan Ryan and upon vote being taken thereon, the following voted in favor thereof: Tim Willson, Kay La.sman, Dan Ryan, and Mark Yelich; and the following voted against the same: Mary O'Connor; whereupon said resolution was declared duly passed and adopted.