HomeMy WebLinkAbout2011-019 EDAR Commissioner Tim Roche introduced the following resolution and
moved its adoption:
EDA RESOLUTION NO. 2011 -19
RESOLUTION AUTHORIZING THE ACQUISITION OF SIX
UNDEVELOPED PARCELS WITHIN THE PRELIMINARY PLAT OF
EASTBROOK ESTATES 2 ND ADDITION TO PRESERVE FUTURE
RESIDENTIAL HOUSING OPPORTUNITIES
WHEREAS, the Brooklyn Center Economic Development Authority, Minnesota
has hereto established Housing Development and Redevelopment Project No. 1, and has
established the Tax Increment Financing District No. 3 and adopted a Tax Increment Financing
Plan which includes the following objectives:
• To enhance the tax base of the City
• To provide maximum opportunity, consistent with the needs of the City,
for development by private enterprise
• To better utilize vacant or underdeveloped land
• To attract new businesses
• To acquire blighted or deteriorated residential property for rehabilitation
or clearance and redevelopment
• To develop housing opportunities for market segments underserved by the
City including housing for the disabled and elderly; and
WHEREAS, the Tax Increment Financing Plan for Tax Increment District No. 3
includes a budget of $5,000,000 in the Housing Development Account (Affordable Housing)
which includes the following components:
• Acquisition of Single and Multi - Family Housing
• Rehabilitation of Single and Multi - Family Housing
• Environmental Remediation of Single and Multi - Family Housing
Properties; and;
WHEREAS, on January 26, 2004, the City Council granted preliminary plat
approval to the subdivision of approximately 8.75 acres into 29 single family residential lots; and
WHEREAS, the property owners of the 6 vacant parcels of land contained
within this subdivision, comprising approximately 6.44 acres, are proposing a voluntary sales to
the EDA; and
WHEREAS, on April 11, 2011, the consensus of the City Council was to
support pursuing the acquisition of these parcels in an effort to assure that property is not
underutilized; and
EDA RESOLUTION NO. 2011 -19
WHEREAS, David Evanson is willing to sell 5 parcels, comprising
approximately 5.7 acres in area, as identified by the following Hennepin County Property
Identification systems as PID # 36- 119 -21 -12 -0003, 36- 119 -21 -12 -0033, 36- 119 -21 -21 -0188,
36- 119- 21 -12- 0118, and 36. 119 -21 -21 -0125 for the amount of $210,000; and
WHEREAS, Rod Construction Inc. is willing to sell a 33,825 °sq.ft. vacant lot,
identified as PID 36- 119 -21 -0106 for the amount of $40,000; and
WHEREAS, the property owners are proposing the sales of these parcels at a
reduction of 50% or more of the City's assessed valuation.
NOW THEREFORE BE IT RESOLVED by the Economic Development
Authority in and for the City of Brooklyn Center, Minnesota, as follows:
1. That the City Attorney is authorized to prepare purchase agreements for the
acquisition of the above identified properties.
g�� Au ust 8, 2011 � 2
Date President
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Kay Lasman
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.