Loading...
HomeMy WebLinkAbout2016-024 EDARCommissioner Dan Ryan introduced the following resolution and moved its adoption: EDA RESOLUTION NO. 2016-24 RESOLUTION APPROVING CONVEYANCE OF CERTAIN PROPERTY LOCATED AT 6250 EARLE BROWN DRIVE WHEREAS, the Economic Development Authority of the City of Brooklyn Center, Minnesota ("EDA") is authorized pursuant to Minnesota Statutes, Sections 469.090 to 469.1081 (the "EDA Act"), to acquire and convey real property and to undertake certain activities to facilitate the development of real property by private enterprise; WHEREAS, the EDA is the owner of the property located in the City at 6250 Earle Brown Drive and legally described as follows: Lot 2, Block 1, Brooklyn Farm 2nd Addition, Hennepin County, Minnesota (the "EDA Property"); WHEREAS, to facilitate development of certain property in the City of Brooklyn Center, Minnesota (the "City"), the EDA on September 26, 2016, following a duly noticed public hearing regarding the sale, approved the conveyance of the EDA Property; WHEREAS, the EDA entered into a Contract for Private Development (the "Agreement") between the EDA and Brooklyn Center Hotel Group, LLC (or its assigns, the "Buyer"), under which, among other things, the EDA agreed to convey a portion of the EDA Property to the Buyer and the Buyer agreed to construct a hotel facility containing at least 82 rooms with 85 parking stalls; WHEREAS, the Agreement provides that the portion of the EDA Property to be conveyed to the Buyer is legally described as follows: That part of Lot 2, Block 1, BROOKLYN FARM 2ND ADDITION, according to the recorded plat thereof, Hennepin County, Minnesota, lying west of the east 165.00 feet thereof, as measured at right angles to the east line of said Lot 2. ("Hotel Parcel") The conveyance of the Hotel Parcel creates a split in a legal description of the EDA Property, with remainder being legally described as follow: The East 165.00 feet of Lot 2, Block 1, BROOKLYN FARM 2ND ADDITION, according to the recorded plat thereof, Hennepin County, Minnesota, as measured at right angles to the east line of said Lot 2 ("HRA Parcel"); WHEREAS, the EDA desires to convey the HRA Parcel to the Housing and Redevelopment Authority in and for the City of Brooklyn Center ("HRA"), to be combined with the adjacent parcel owned by the HRA; EDA RESOLUTION NO. 20 WHEREAS, the EDA has on this date conducted a duly noticed public hearing regarding the sale of the conveyance of the HRA Parcel, at which all interested persons were given an opportunity to be heard; and WHEREAS, the EDA finds and determines that conveyance of the Property to the HRA is in the public interest. NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Economic Development Authority of Brooklyn Center, Minnesota ("Board") as follows: 1. The Board hereby approves the conveyance of the HRA Parcel to the HRA. 2. EDA staff and officials are authorized to take all actions necessary to perform the FDA's conveyance and combination with the adjacent parcel. November 14, 2016 Date ATTEST: A ca�� Secretar ��- L �- 4 -, �� 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, Lin Myszkowski, Dan Ryan and the following voted against the same: none whereupon said resolution was declared duly passed and adopted.