HomeMy WebLinkAbout2011-012 EDAR Commissioner Dan Ryan introduced the following resolution and
moved its adoption:
EDA RESOLUTION NO. 2011 - 12
RESOLUTION CONFIRMING THE ACQUISITION OF PROPERTY IN
CONNECTION WITH THE REMOVE AND REBUILD PROGRAM ( 5649
BROOKLYN BOULEVARD)
WHEREAS, on January 12, 2009, the Economic Development Authority in and
for the City of Brooklyn Center, Minnesota (the "EDA ") adopted Resolution No. 2009 -02
establishing housing programs and approving the use of funds from the Tax Increment District No.
3 housing account; and
WHEREAS, pursuant to EDA Resolution 2009 -02, one of the housing programs
so established was the FDA's Remove and Rebuild Program (the "Program ") to acquire
demolished, blighted, distressed, and unmarketable properties to be returned to uses compatible with
the neighborhood; and
WHEREAS, real property located at 5649 Brooklyn Boulevard. (the "Subject
Property") is a vacant and foreclosed property offered to the EDA through HUD's First Look
Program for a price of $35;000 and
WHEREAS, the subject property met the guidelines established by EDA
Resolution No. 2011 -05 and has acquired the property as a candidate for the City's Remove and
Rebuild Program.
NOW, THEREFORE, BE IT RESOLVED by the Economic Development
Authority in and for the City of Brooklyn Center, Minnesota, as follows:
1. The purchase of the Subject Property is hereby confirmed and staff is directed to
proceed with the demolition of the residence at 5649 Brooklyn Boulevard.
May 23, 2011 ��.P�yt�1
Date President
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Tim Roche
and upon vote being taken thereon, the following voted in favor thereof:
Tim Willson, Carol Kleven, Kay Lasman, Tim Roche, and Dan Ryan;
and the following voted against the same:
none;
whereupon said resolution was declared duly passed and adopted.