HomeMy WebLinkAbout2021-11 EDARommissioner Ryan introduced the tollowing resolution and moved ils adoption:
OULEVARD, 6007 BROOKLYN BOULEVARD AND 6301
ROOKLYN BOULEVARD TO THE CITY OF BROOKLYN
ENTER FOR THE BROOKLYN BOULEVARD CORRIDOR
1) Mf�IrP T)T-T A QU r)
'Authority") is the owner of the following properties:
arcel 5 — 6007 Brooklyn Boulevard, a portion of PID 034 18�214MO19
arcel 18 — 6301 Brooklyn Boulevard, PID 34-119-21-42-0007
mprovements to Brooklyn Boulevard, including sidewalk and trail improvements anci cirainage
ind utility improvements (the "Improvements"); and
MVIOVC/11WIRS, all
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o facilitate the development of real property; and
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o be heard& and
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WHEREAS the Authoritv finds and detel'Mines that convevance of the Authorifv Parcels to
levelopment, because the Improvements to be constructed on the Authority Parcels will serve as an
rapetus for further development in the City; and
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Economic
1. The EDA hereby approves conveyance of the Authority Parcels to the City,
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Me City shall compensate Lhe EDA for me Authority Parcels as fullowst
Parcel 5 $4V3OoOO
Parcel 18 � $201000500
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he City includes approval of such additional details therein as may be necessary and appropriate
ind such modifications thereof, deletions therefrom and additions thereto as may be necessary and
ippropriate and approved by legal counsel to the Authority and by the officers authorized herein
o execute said documents prior to their execution; and said officers are hereby authorized to
ipprove said changes on behalf of the Authority. The execution of any instrument by the
ippropriate officers of the Authority herein authorized shall be conclusive evidence of the approval
)f such document in accordance with the terms hereof. In the event of absence or disability of the
)fficers, any of the documents authorized by this Resolution to be executed may be executed
Mithout further act or authorization of the Board by any duly designated acting official, or by such
)ther officer or officers of the Board as, in the opinion of the City Attorney, may act in their behalf.
x ill help realize the publi
i ic purposes of the Economic Development Authority Act,
Date
9
ind upon vote being taken thereon, the following voted in favor thereof.
Butler, Elliott, Graves, Lawrence�Anderson, Ryan
ind the following voted against the same, None
xhereupon said resolution was declared duly passed and adopted.
egal Descriptions ot the Authority Parcels
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Lot 6, Block 1, Pearsons Northport 3 d Addition, County of Hennepin, State of Minnesota
,d 6 6
rhat part of Lot 5, Block 1, Pearsons Northport 3 Addition, County of Hennepin, State of Minnesota
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ying southeasterly of a line run parallel with and distant 30.00 feet northwesterly of the following
described line, "Line A
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'outh 89 degrees 56 minutes 34 seconds West,
3 assumed bearing, along the south line of said Lot
7 a distance of 45.34 feet to the point of beginning of said described lines thence northeasterly
3.70 feet along a non4angential curve concave to the northwest having a radius of 182.00 feet
ind a central angle of 16 degrees 54 minutes 14 seconds, the chord of said curve bears North 48
legrees 04 minutes 20 seconds East; thence North 39 degrees 37 minutes 13 seconds East, tangent
o said curve, a distance of 53.54 feet; thence northeasterly and easterly 143.03 feet along a
angential curve concave to the southeast having a radius of 182. 00 feet and a central angle of 45
legrees 16 minutes 50 seconds and said "Line A" there terminating.
escribect as commencing at the northwest comer ot the Soul east uarter ot Section A I ownship 1195
Zange 21, Hennepin County, Minnesota; thence South 03 degrees 45 minutes 23 seconds East, assumed
)earing, along the west line of said Southeast Quarter a distance of 18t.37 feet to the point of beginning
)f said described line; thence South 23 degrees 48 minutes 56 seconds East a distance of 1729.11 feet,*
hence southeasterly 598.85 feet along a tangential curve concave to the southwest having a radius of
22896.t4 feet and a central 01 degree 29 minutes 55 seconds; thence southeasterly 870.92 feet along a
,ompound curve concave to the west having a radius of 2842.62 feet and a central angle of 17 degrees
33 minutes 15 seconds# thence South 04 degrees 45 minutes 46 seconds East, tangent to said curve, a
listance of 749.01 feet and said described line there terminating and also lying northerly of a line run
?arallel with and distant 30.00 feet northwesterly of said "Line A".
Parcel 18
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Southwesterly of Trunk Highway No. 152 as now located and established and Southeasterly of the
7'ollow' R described line
in.
Beginning at a point on the Southwesterly boundary of said Trunk Highway No. 152 distant 25
un Southwesterly to a point on said Northerly boundary distant 25 feet Westerly of said
ntersection and there terminating,