HomeMy WebLinkAbout2015-015 EDAR Commissioner April Graves introduced the following resolution and
moved its adoption:
EDA RESOLUTION NO. 2015-15
RESOLUTION APPROVING TRANSFER OF PARCEL # 34-119-21-14-0004
(311267 1h Ave N)
WHEREAS, the City of Brooklyn Center received a tax forfeited parcel
described as Lot 26, Block 3, Elsen's City View 3rd Addition ("Subject Property") from
Hennepin County; and
WHEREAS, the City transferred the Subject Property to the Economic
Development Authority (EDA) for reconveyance to the Greater Metropolitan Housing
Corporation(GMHC); and
WHEREAS, the EDA held a Public Hearing and desires to transfer the Subject
Property to the GMHC for use in accordance with the current NSP Developer Agreement
between the parties.
NOW, THEREFORE, BE IT RESOLVED, by the Economic Development
Authority of Brooklyn Center, Minnesota as follows:
1. The EDA hereby agrees to transfer the Subject Property to the GMHC for use in
accordance with the current NSP Developer Agreement.
2. The GMHC shall be required to pay all acquisition, administrative, and transfer costs
incurred by the City of Brooklyn Center and the EDA, and to otherwise comply with
terms of the purchase agreement, in exchange for obtaining the Subject Property.
3. The President and Secretary of the EDA are authorized and directed to prepare and
execute such documents, and to take such other actions, as are necessary to complete the
transfer of the Subject Property to the GMHC.
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July 27, 2015
Date President
The motion for the adoption of the foregoing resolution was duly seconded by Commissioner
Kris Lawrence-Anderson
and upon vote being taken thereon, the following voted in favor thereof:
Tim Willson, April Graves, Kris Lawrence-Anderson, and Dan Ryan;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.