HomeMy WebLinkAbout2013-008 EDAR Commissioner Lin Myszkowski introduced the following resolution and
moved its adoption:
EDA RESOLUTION NO. 2013-08
RESOLUTION AUTHORIZING THE ACQUISITION OF PROPERTY IN
CONNECTION WITH THE REMOVE AND REBUILD PROGRAM(6007 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 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, on March 14, 2011, the EDA adopted Resolution No. 2011-05, A
Resolution Reauthorizing EDA Resolution No. 2009-17 Providing Authority to Staff to Acquire Certain
Foreclosed Homes within the City and to Execute all Instruments and Contracts Related Thereto;and
WHEREAS, on September 12, 2011, the EDA adopted Resolution No. 2011-20, A
Resolution Approving the Continuation of Certain Housing Programs and Reauthorizing the Use of Funds
from Tax Increment District No.3 housing Account;and
WHEREAS, real property located at 6007 Brooklyn Blvd (the "Subject Property") is a
vacant foreclosed property that has been purchased by the Greater Minnesota Housing Corporation;and
WHEREAS, the subject property met the guidelines established by EDA Resolution No.
2011-05 and a purchase agreement in the amount of$32,600 will be entered into to acquire this property
through the City's Remove and Rebuild Program;and
WHEREAS, the remaining amount owned after the purchase is estimated at$40,283.81
and will be paid after the property is purchased.
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 purchase of 6007 Brooklyn Blvd.
June 10 2013
Date President
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, Carol Kleven, Kris Lawrence—Anderson„lain-`Ilyszkowski, and Dan Ryan;
And the following voted against the same: none;
Whereupon said resolution was declared passed and adopted.