HomeMy WebLinkAbout2011-021 EDAR Commissioner Kay Lasman introduced the following resolution and moved
its adoption:
EDA RESOLUTION NO. 2011 -21
RESOLUTION AUTHORIZING THE ACQUISITION OF PROPERTY IN
CONECTION WITH THE REMOVE AND REBUILD PROGRAM 5801 EWING
AVENUE NORTH)
WHEREAS, on September 12, 2011, the Economic Development Authority
Development Authority of Brooklyn Center, Minnesota (the "EDA ") adopted Resolution No. 2011-
20 approving continuation of certain housing programs and reauthorizing the use of funds from Tax
Increment District No. 3 Housing Account; and
WHEREAS, one of the housing programs so authorized with EDA Resolution No.
2011 -20 was the EDA'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 5801 Ewing Avenue North (the "Subject
Property") is a vacant and foreclosed residence that was offered for sale for a price of $29,900; and
WHEREAS, City staff have inspected this property and determined that the
condition of the property qualifies this property for the Remove and Rebuild Program; and
WHEREAS, the EDA has determined that acquisition of the Subject Property is
consistent with the goals and objectives of the Program and is in the best interests of the City of
Brooklyn Center and its residents; and
WHEREAS, pursuant to the Consultant Services Agreement with the Greater
Metropolitan Housing Corporation (GMHC). GMHC will acquire the Subject Property on behalf of
the EDA.
NOW, THEREFORE, BE IT RESOLVED by the Economic Development Authority
in and for the City of Brooklyn Center that the President and Secretary of the EDA are authorized
and directed to execute a purchase agreement with GMHC for the acquisition of the Subject Property
in the amount of $29,900, and the Executive Director is authorized and directed to take all such
further steps as are necessary to effect the terms thereof.
September 26, 2011
Date President
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Carol Kleven,
and upon vote being taken thereon, the following voted in favor thereof:
Tim Willson, Carol Kleven, Kay Lasman, and Dan Ryan;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.